DDCX Hack

TOTAL LOST $148K
Low Rugpull

Summarize with AI

Affected Chain 2022 Incident surface
Recovered - No recovery reported
All-Time Rank #1402 By amount stolen
Protocol Type Exit Scam/Rugpull Target category

Incident Overview

DDCX token was rugpulled for 148,019 $USD. The owner of the vault contract transferred $DDCX tokens to another EOA address that drained liquidity for the amount.

DDCX is BEP20 token trading on PancakeSwap and can't be confused with other tokens with the same token symbol. The owner of the vault contract moved roughly 10,000 $DDCX tokens to the EOA address which drained the liquidity. The token price dropped by more than 92% after the accident.

Scammer addresses:

https://bscscan.com/address/0x5e6b6888…dc785f

https://bscscan.com/address/0xe6f5f416…8c6b30

Tokens move transactions:

https://bscscan.com/tx/0xb7ea8ca1…241ecb

https://bscscan.com/tx/0xa2100e04…31abd3

Incident Report

Protocol / Project DDCX
Date of Incident
Attack Technique Rugpull
Classification Token
Primary Source View Post-Mortem

Protocol Information

Protocol Type Exit Scam/Rugpull
Affected Token DDCX
Protocol Twitter/X @dYdX
Team Anonymous
Source Code Verified On-Chain

Market Context at Time of Hack

Token Categories
Decentralized Exchange (DEX) Token Derivatives Layer 1 Made in America Binance Ecosystem Binance Listing Perp dex coins

What the Attacker Needed to Succeed

Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.

Technical Knowledge Deep understanding of rugpull and Solidity and EVM internals
Capital Required Seed capital to cover gas and initial position setup
On-Chain Access Ability to interact with smart contracts and deploy a custom exploit contract
Protocol Analysis Identification of the exploitable vulnerability in DDCX's contract logic - root cause: token
Execution Speed Precise transaction ordering and timing to exploit the vulnerability within a single atomic block
Obfuscation Plan A strategy to launder and move stolen funds - typically through mixers, cross-chain bridges, or decentralized DEX swaps to resist tracing

What Auditors Should Check

Could this have been caught in audit? Hard to catch — private key / OpSec failures are outside smart contract audit scope

If you're auditing a protocol with similar architecture to DDCX, these are the critical security checks that could have prevented this incident (October 2022).

  • Verify all logic paths related to Rugpull are guarded by proper access controls and input validation
  • Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs

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Sources & References

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