LIVE DATABASE
Internet Computer (ICP)$45.0BcollapseNEW
Terra/LUNA$40.0BcollapseNEW
FTX$32.0BrugNEW
Three Arrows Capital$18.0Bcollapse
Anchor Protocol$17.0Bcollapse
Celsius Network$12.0Brug
BlockFi$10.0Bcollapse
Mt. Gox$8.5Bhack
Voyager Digital$7.0Bcollapse
Bitfinex Hack$4.5Bhack
Axie Infinity$4.2Bcollapse
OneCoin$4.0Brug
LIVE DATABASE
Internet Computer (ICP)$45.0BcollapseNEW
Terra/LUNA$40.0BcollapseNEW
FTX$32.0BrugNEW
Three Arrows Capital$18.0Bcollapse
Anchor Protocol$17.0Bcollapse
Celsius Network$12.0Brug
BlockFi$10.0Bcollapse
Mt. Gox$8.5Bhack
Voyager Digital$7.0Bcollapse
Bitfinex Hack$4.5Bhack
Axie Infinity$4.2Bcollapse
OneCoin$4.0Brug
Backed by$258.4BBurned Capital

Proof of Failure

Before Proof of Work, study Proof of Failure.

Updating in real time

Proof of FailurePH
Live on
Product Hunt|Launchpad
⇧
...

🔥 Phoenix Protocol: Resurrect dead crypto ideas. Fair launch on Bags.

📋 Devlog
📰 Failure Files📬 Newsletter🚀 $POF Token🛡️ Services📖 Playbook
146
Dead Projects
$258.4B
Lost
4
Phoenix Ready
10
Hall of Shame
🔥 PHOENIX
COLLAPSED
Internet Computer (ICP)
L1 Blockchain · 2021
Launched at $750, crashed to $3. Insiders dumped on retail.
$45.0B
Rebuild
Market
Fair Launch
🔥 PHOENIX
COLLAPSED
Terra/LUNA
L1 Blockchain · 2022
Algorithmic stablecoin death spiral wiped out $40B.
$40.0B
Rebuild
Market
Fair Launch
RUG PULL
FTX
Exchange · 2022
SBF stole $8B customer funds. 25 years prison.
$32.0B
COLLAPSED
Three Arrows Capital
Hedge Fund · 2022
Overleveraged hedge fund collapsed, contagion spread everywhere.
$18.0B
COLLAPSED
Anchor Protocol
DeFi · 2022
20% stable yield attracted $17B. Unsustainable subsidies killed Terra.
$17.0B
🔥 PHOENIX
RUG PULL
Celsius Network
CeFi Lending · 2022
18% yields while secretly gambling funds. CEO arrested.
$12.0B
Rebuild
Market
Fair Launch
COLLAPSED
BlockFi
Lending · 2022
Hit by 3AC, then 'rescued' by FTX with stolen funds.
$10.0B
HACKED
Mt. Gox
Exchange · 2014
Lost 850,000 BTC. The original crypto catastrophe.
$8.5B
COLLAPSED
Voyager Digital
Lending · 2022
Lent $650M to 3AC unsecured. Falsely implied FDIC insurance.
$7.0B
HACKED
Bitfinex Hack
Exchange · 2016
119,756 BTC stolen. Hackers were a married couple.
$4.5B
🔥 PHOENIX
COLLAPSED
Axie Infinity
GameFi · 2022
Play-to-earn became work-to-lose.
$4.2B
Rebuild
Market
Fair Launch
RUG PULL
OneCoin
Ponzi · 2017
No blockchain existed. Crypto Queen vanished with $4B.
$4.0B
COLLAPSED
Olympus DAO
DeFi · 2022
(3,3) promised 7,000% APY. Game theory betrayed everyone.
$4.0B
RUG PULL
Africrypt
Ponzi · 2021
Teen brothers vanished with 69,000 BTC.
$3.6B
HACKED
LuBian
DeFi · Unknown
Phantom DeFi project with $3.5B mystery hack claim
$3.5B
RUG PULL
BitConnect
Ponzi · 2018
OG crypto Ponzi. 1% daily returns. Carlos Matos became a meme.
$3.5B
COLLAPSED
Genesis Trading
Lending · 2023
DCG's lending arm had $2.36B exposure to 3AC.
$3.0B
COLLAPSED
StepN
GameFi · 2022
Move-to-earn required $1,000 sneaker NFTs to walk.
$3.0B
RUG PULL
PlusToken
Ponzi · 2019
Chinese MLM Ponzi with 3 million victims.
$2.9B
COLLAPSED
BAYC
NFT · 2024
From 150 ETH floor to under 10. Celebrities bought the top.
$2.8B
RUG PULL
Thodex
Exchange · 2021
Turkish CEO fled with $2B. Sentenced to 11,196 years.
$2.0B
COLLAPSED
Solidly
DeFi · 2022
Andre Cronje quit crypto. $2B TVL vanished overnight.
$2.0B
COLLAPSED
IRON/TITAN
DeFi · 2021
Mark Cuban got rugged. TITAN went to zero.
$1.9B
PONZI SCHEME
HyperFund
Ponzi · 2022
Global MLM crypto Ponzi promising high returns. $1.89B lost.
$1.9B
PONZI SCHEME
HyperFund
Ponzi · 2022
Global MLM crypto Ponzi promising high returns. $1.89B lost.
$1.9B
PONZI SCHEME
Mirror Trading International
Ponzi · 2020
AI trading bot promised 10% monthly returns. $1.7B vanished.
$1.7B
RUG PULL
Finiko
Ponzi · 2021
Russian Ponzi promised 30% monthly. Inevitable collapse.
$1.5B
FRAUD
Bybit (Alleged Hack)
Exchange · N/A
Alleged $1.4B hack with no credible evidence or sources
$1.4B
COLLAPSED
Wonderland TIME
DeFi · 2022
$1B treasury managed by convicted fraudster.
$1.2B
PONZI SCHEME
Wotoken
Ponzi · 2020
Chinese trading bot Ponzi. 715,000 victims. $1B vanished.
$1.0B
PONZI SCHEME
BitClub Network
Investment Scheme · 2019
Mining Ponzi called investors 'sheep' ready for 'slaughter'
$722M
PONZI SCHEME
Pincoin/iFan
Ponzi · 2018
Vietnamese ICO promised 8% monthly returns. $660M vanished.
$660M
HACKED
Ronin Bridge
Bridge · 2022
North Korea stole $625M. Hack unnoticed for 6 days.
$625M
HACKED
Binance Bridge
DeFi · 2022
Bridge hack forces Binance to halt entire BSC network. $570M gone.
$570M
HACKED
Coincheck
Exchange · 2018
Japan's largest crypto exchange hack. $534M NEM stolen.
$534M
FRAUD
BTC-e
Exchange · 2017
Russian exchange seized by FBI. $400M lost in money laundering hub.
$400M
PONZI SCHEME
Forsage
Ponzi · 2022
Smart contract pyramid scheme disguised as 'decentralized'
$340M
HACKED
Portal (Wormhole)
DeFi · 2022
Cross-chain bridge lost $326M to signature exploit in hours.
$326M
HACKED
DMM Bitcoin
Exchange · 2024
Japanese exchange hemorrhaged $305M via compromised private keys.
$305M
PONZI SCHEME
GainBitcoin
Ponzi · 2018
Indian Bitcoin Ponzi promised 10% monthly returns. $300M lost.
$300M
PONZI SCHEME
Mining City
Ponzi · 2022
Cloud mining Ponzi with MLM twist. $300M vanished.
$300M
PONZI SCHEME
Trade Coin Club
Ponzi · 2018
Brazilian crypto MLM Ponzi promising bot profits. $295M gone.
$295M
HACKED
PlayDapp
Gaming · 2024
Gaming platform's private key hacked. 1.8B tokens minted.
$290M
HACKED
KuCoin Exchange Hack
Exchange · 2020
Major exchange hack with $280M stolen but full recovery achieved
$280M
PONZI SCHEME
Mining Max
Ponzi · 2017
Korean mining Ponzi promising 200% returns. No mining existed.
$250M
HACKED
Gate
DeFi · 2022
DeFi protocol lost $235M in private key compromise incident
$235M
HACKED
WazirX
Exchange · 2024
India's largest crypto exchange lost $235M in multisig hack
$235M
HACKED
Cetus CLMM
DeFi · 2024
Sui DEX loses $223M in massive spoof token exploit attack
$223M
HACKED
Mixin Network
DeFi · 2023
Database hack drains $200M from cross-chain DeFi network
$200M
HACKED
Euler V1
DeFi · 2023
Flashloan donation exploit drained $197M from lending protocol
$197M
HACKED
BitMart
Exchange · 2021
Exchange hot wallets drained for $196M in private key breach
$196M
HACKED
Nomad
DeFi · 2022
Copy-paste hack: crowd-sourced bridge drain in real time
$190M
HACKED
Nomad Bridge
Bridge · 2022
Hundreds copycat a simple exploit, drain $190M in hours
$190M
HACKED
Beanstalk
DeFi · 2022
Flash loan governance attack drained entire protocol in minutes
$181M
HACKED
Bitgrail
Exchange · 2018
Italian exchange lost 17M Nano. Blamed protocol, courts blamed owner.
$170M
HACKED
Wintermute
DeFi · 2022
Major market maker's DeFi vault drained for $160M overnight
$160M
HACKED
Profanity Wallets
Wallet · 2022
Vanity address generator's weak randomness led to $160M hack
$160M
HACKED
Parity Multisig
DeFi · 2017
User accidentally killed library contract, froze $150M forever
$150M
PONZI SCHEME
Control Finance
Ponzi · 2017
UK trading bot promised 1% daily returns. Math doesn't lie.
$150M
PONZI SCHEME
USI Tech
Ponzi · 2018
German forex Ponzi promised 1% daily returns. Team vanished.
$150M
HACKED
Compound V2
DeFi · 2021
Math error in upgrade drained $147M in COMP tokens overnight
$147M
HACKED
Vulcan Forged
DeFi · 2021
Gaming platform lost $140M when hackers hit 96 wallets at once
$140M
HACKED
Cream Finance (3rd Hack)
DeFi · 2021
DeFi lending protocol's third hack in one year. $130M gone.
$130M
HACKED
Poloniex
Exchange · 2023
Major exchange lost $126M in multi-chain hack via compromised keys
$126M
HACKED
Badger DAO
DeFi · 2021
Frontend hack. Users unknowingly approved wallet drains.
$120M
HACKED
Mango Markets
DeFi · 2022
Avraham Eisenberg bragged about exploit. Got arrested.
$114M
HACKED
CoinBene
Exchange · 2019
Exchange denied hack despite on-chain proof. 'Maintenance' lie.
$105M
HACKED
Atomic Wallet
Wallet · 2023
Multi-chain wallet drained $100M from 5,500 users mysteriously
$100M
HACKED
Harmony Bridge
DeFi · 2022
North Korea's Lazarus Group compromised bridge keys. $100M gone.
$100M
PONZI SCHEME
EmpiresX
Ponzi · 2022
AI trading bot promised 1% daily returns. $100M vanished.
$100M
HACKED
Mirror Protocol
DeFi · 2022
Synthetic assets protocol died with Terra. Oracle chaos.
$90M
HACKED
Mirror Protocol
DeFi · 2022
Terra synthetic stocks protocol died with LUNA. Oracle exploit.
$90M
HACKED
Heco Bridge
DeFi · 2022
Huobi's cross-chain bridge drained via compromised private keys
$87M
HACKED
Phemex (Alleged Incident)
Exchange ·
Alleged $85M private key compromise - unconfirmed incident
$85M
HACKED
Nobitex
Exchange · 2024
Iranian exchange's $82M hot wallet hack amid sanctions chaos
$82M
HACKED
Orbit Bridge
DeFi · 2023
Cross-chain bridge lost $81.7M in signature exploit hack
$82M
HACKED
Orbit Chain
Bridge · 2024
Cross-chain bridge drained for $81.5M on New Year's Eve
$82M
HACKED
Rari Capital / Fei Protocol
DeFi · 2022
Reentrancy hack drained 8 Fuse pools just months after merger
$80M
HACKED
Qubit
DeFi · 2022
Bridge exploit via 0 ETH deposit drained $80M in hours.
$80M
HACKED
Compound Bug
DeFi · 2021
Bug distributed $80M in free COMP tokens. CEO threatened doxxing.
$80M
HACKED
AscenDEX
DeFi · 2021
Multi-chain exchange hack. Hot wallets compromised. $77M gone.
$77M
HACKED
Bybit Hot Wallet
Exchange · 2024
Major exchange's ETH hot wallet drained. All losses covered.
$70M
FRAUD
Pixelmon
NFT · 2022
Promised Pokemon-quality NFTs, delivered 'Kevin' memes. $70M rug.
$70M
HACKED
Munchables
GameFi · 2024
Rogue developer backdoored GameFi protocol. $62.5M gone.
$63M
HACKED
Munchables
DeFi · 2024
Storage slot exploit drains $62.5M from Blast DeFi protocol
$63M
HACKED
Curve DEX
DeFi · 2023
Vyper compiler bug drained $62M from top DEX in hours
$62M
HACKED
AlphaPo
DeFi · 2023
Crypto payment processor lost $60M to mysterious key hack
$60M
HACKED
The DAO
DeFi · 2016
Reentrancy hack drained 1/3 of funds, split Ethereum forever.
$60M
HACKED
EasyFi
DeFi · 2021
DeFi lending protocol lost $59M to mysterious key compromise
$59M
HACKED
Uranium Finance
DeFi · 2021
Math error in migration contract drained $57M in one tx
$57M
HACKED
Ooki Protocol
DeFi · 2022
Multi-chain lending protocol lost $55M across multiple hacks
$55M
HACKED
CoinEx
Exchange · 2023
Hot wallet private keys compromised. $55M drained instantly.
$55M
HACKED
CoinEx
Exchange · 2023
Major CEX loses $55M in cross-chain hack via compromised keys
$55M
HACKED
bZx Protocol
DeFi · 2021
Third time's the harm: $55M drained via phishing attack
$55M
HACKED
Radiant V2
DeFi · 2024
Cross-chain lending protocol loses $53M to access exploit
$53M
HACKED
LastPass Victims
Wallet · 2023
Password manager breached. $53M in crypto stolen from vaults.
$53M
HACKED
Radiant Capital
DeFi · 2024
Cross-chain lender hit twice in 2024. Lazarus malware = $51M
$52M
FRAUD
Savedroid
ICO · 2018
CEO faked exit scam as 'marketing stunt' - killed project anyway
$50M
PONZI SCHEME
Davor Coin
Lending Platform · 2018
BitConnect clone that collapsed weeks after its inspiration
$50M
HACKED
KyberSwap
DEX · 2023
Hacker drained $48M, demanded full control of company.
$49M
HACKED
BtcTurk
Exchange · 2023
Turkey's first Bitcoin exchange loses $48M to hot wallet hack
$48M
HACKED
Cashio
DeFi · 2022
Fake tokens accepted as real collateral. $48M vanished.
$48M
HACKED
PancakeBunny
DeFi · 2021
Flash loan exploit crashed BUNNY 95%. $45M vanished overnight.
$45M
HACKED
Hedgey
DeFi · 2024
Flash loan exploit drained $44.7M from claim contracts
$45M
HACKED
CoinDCX
DeFi · 2024
Major Indian exchange exploited for $44.2M despite compliance
$44M
HACKED
BingX Exchange Hack
Exchange · 2024
Hot wallet hack drained $43M from major crypto exchange
$43M
HACKED
GMX V1 Perps
DeFi · 2023
Oracle manipulation and MEV attacks plague perps protocol
$42M
HACKED
SwissBorg
DeFi · 1970
API compromise drained $41.5M from wealth management platform
$42M
HACKED
Stake.com
CeFi · 2023
Drake-backed crypto casino lost $41M to private key hack
$41M
PONZI SCHEME
EXW Wallet
Ponzi · 2020
Austrian wallet Ponzi promised exchange launch, vanished with funds
$40M
HACKED
Alpha Finance
DeFi · 2021
Flash loan exploit drained $37.5M from Alpha Homora v1
$38M
HACKED
CoinsPaid
Payment Processor · 2023
North Korean hackers posed as job candidates. $37.3M gone.
$37M
HACKED
Vee Finance
DeFi · 2021
Flash loan oracle attack drained $34M from Avalanche lender
$34M
HACKED
Crypto.com Security Breach
Exchange · 2022
Major exchange hack exposed weak 2FA, $33.8M stolen.
$34M
RUG PULL
Meerkat Finance
DeFi · 2021
BSC yield farm lasted 24 hours before $32M vanished.
$32M
RUG PULL
Meerkat Finance
DeFi · 2021
BSC yield farm drained $32M through backdoor in 24 hours
$32M
FRAUD
Centra Tech
ICO · 2018
Floyd & DJ Khaled promoted fake crypto cards. $32M vanished.
$32M
HACKED
MonoX
DeFi · 2021
Single-token AMM innovation became $31M exploit target.
$31M
HACKED
Spartan Protocol
DeFi · 2021
Flash loan exploit drained $30.5M from BSC liquidity pools
$31M
HACKED
HTX (Huobi)
Exchange · 2023
Justin Sun's exchange hacked for $30M same week as Poloniex
$30M
HACKED
Grim Finance
DeFi · 2021
Flash loan reentrancy attack drained $30M from Fantom vaults
$30M
FRAUD
CryptoZoo
NFT · 2023
Logan Paul's 'fun game that makes you money' never worked
$30M
PONZI SCHEME
Bitpetite
Ponzi Schemes · 2017
2-month Bitcoin tumbling Ponzi vanished with $30M in peak bull
$30M
RUG PULL
Paid Network
DeFi · 2021
60M tokens minted from thin air. $27M drained in hours.
$27M
RUG PULL
StableMagnet
DeFi · 2023
BSC yield farm drained contracts and wallets for $27M.
$27M
HACKED
Truebit
DeFi · 2022
Decentralized computation protocol drained via bonding curve exploit
$26M
HACKED
Huobi Exchange Hack
Exchange · 2023
Major exchange loses $26.4M to private key compromise
$26M
HACKED
FixedFloat
DeFi · 2024
Crypto exchange drained via compromised keys. $26M vanished.
$26M
HACKED
ThalaSwap
DeFi · 2023
Aptos DEX drained for $25.5M through liquidity pool exploit
$26M
HACKED
Indodax
Exchange · 2024
Indonesia's largest exchange loses $25M to hot wallet hack
$25M
HACKED
Harvest Finance
DeFi · 2020
Flash loan oracle attack drained $25M in 7 minutes of DeFi chaos
$25M
HACKED
xToken
DeFi · 2021
Flash loan oracle attack drained $24M from DeFi protocol.
$24M
FRAUD
SBI Crypto
Exchange · 2022
Fake SBI exchange fooled users. $24M drained overnight.
$24M
RUG PULL
Bald
DeFi · 2023
Base's first major memecoin rug. $23M drained in days.
$23M
HACKED
Elephant Money
DeFi · 2022
Flash loan oracle attack drained $22.2M from BSC DeFi protocol
$22M
HACKED
Pando Rings
DeFi · 2022
Oracle manipulation drained $22M from Mixin Network DeFi
$22M
HACKED
Gala Games
Gaming · 2023
Gaming token's bridge exploited for 5B infinite mint dump.
$22M
HACKED
DEXX
DeFi · 2024
Solana DEX stored private keys publicly. $21M vanished.
$21M
HACKED
Transit Swap
DeFi · 2022
Cross-chain DEX aggregator drained via transfer logic exploit
$21M
HACKED
M2 Exchange
DeFi · Unknown
Multi-chain DeFi exchange drained via access control exploit
$14M
HACKED
MyAlgo
DeFi · 2023
Algorand wallet hack drains $9.2M. Private keys mysteriously compromised.
$9M
HACKED
DAO Maker Vesting
DeFi · 2021
Launchpad's vesting contracts drained via compromised keys
$7M
HACKED
Super Sushi Samurai
DeFi · 2024
DeFi protocol drained via infinite mint exploit on Blast chain
$5M
HACKED
Siren
DeFi · 2021
Options protocol drained $3.45M via reentrancy exploit
$3M
HACKED
Unizen
DeFi · 2024
DeFi trading platform drained via external call vulnerability.
$2M
HACKED
Balancer V2
DeFi · 2023
Rate manipulation exploit drained composable stable pools
$2M