PRXVT
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 38 → 51. Problems weighed by who is responsible: concerns that are not fraud −9.6, incidents the subject suffered −3.2, problems around the subject, caused by others −1.6. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -9.6 |
| Incidents it suffered (e.g. hacks) | -3.2 |
| Problems around it, caused by others | -1.6 |
| Sum | 51 |
Score: 51/100 (kept between 0 and 100)
How scoring works →Summary
PRXVT (ticker: PRXVT) is a privacy-focused AI-agent token launched on the Base blockchain via the Virtuals Protocol launchpad. The project markets itself as the governance and utility token for px402, an alleged zero-knowledge payment SDK designed to enable anonymous USDC transactions for autonomous AI agents. In early January 2026 the project's staking contract was exploited via a reward-claiming vulnerability, causing the token price to crash to an all-time low and prompting a contested emergency removal of a liquidity pool that was publicly represented as locked for ten years.
Connected Entities
7 entities · 59 linked investigations- Wasabi Protocol→mentioned with→ZachXBT(70%)
- ZachXBT→mentioned with→Bybit(70%)
- PRXVT→mentioned with→Base(70%)
- PRXVT→mentioned with→Bybit(65%)
- PRXVT→mentioned with→ZachXBT(70%)
- PRXVT→mentioned with→Uniswap(65%)
- PRXVT→mentioned with→Unleash Protocol(80%)
- PRXVT→mentioned with→Wasabi Protocol(80%)
- Bybit→mentioned with→ZachXBT(70%)
Connected Through
6 shared actors · 626 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- □ZachXBTorganization
- ⌂Uniswapprotocol
- □Baseorganization
- □Bybitorganization
Timeline(9 events)
December 2025
PRXVT token launches on Base via Virtuals Protocol launchpad, reaching an all-time high of approximately $0.009 during December 2025.
2026
Suspected Virtuals Protocol address withdraws 4 million VIRTUAL from LP wallet and deposits 1 million VIRTUAL (~$4.07M) into Bybit, per ChainCatcher/Arkham data.
5 January 2026
PRXVT staking contract (stPRXVT) exploited via CREATE2-based reward claim vulnerability. Approximately 32.8 ETH is drained. Token price crashes to an all-time low near $0.000034. Team pauses staking and triggers emergency LP removal.
5 January 2026
PRXVT/VIRTUAL liquidity pool removed from Virtuals Protocol, triggering community debate about the ten-year LP lock guarantee and whether the escape hatch sets a problematic precedent.
6 January 2026
PRXVT team (@PRXVTai) publicly commits to compensate holders affected by the exploit, including users who held leveraged positions via Wasabi Protocol at the time of LP removal.
7 January 2026
BlockThreat Week 1 2026 newsletter catalogues the PRXVT staking exploit alongside other incidents, including Unleash Protocol and Valinity. Full post-mortem details are paywalled.
10 January 2026
DeFiHackLabs publishes a Foundry-based proof-of-concept reproduction of the PRXVT staking exploit (PRXVT_exp.sol) in its 2026-01 directory.
2026
PRXVT migrates from original token contract (0xc2ff2e5a...) to new contract (0x4b5d32a0...) on Base Mainnet following the exploit.
28 May 2026
PRXVT trading at approximately $0.0018, with a market cap near $1.1 million USD and daily volume near $43,000. ZachXBT flag on the project is noted in AVOID.NET records.
Decision Log
- slot 455365009 · hash 23uDay7yEYd7nKt6p1KP6zhZzxuzCZteQZBxxMqFeWTp
- slot 422848473 · hash GM7NepQBUTQ3uJBDgQdHvXa6LrgidQZheuTawB3WStjW
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 14 of 18 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:19 AM
last updated: 10/10/2026, 6:45:11 PM
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