Solid Protocol Hack

TOTAL LOST $72K
Low Rugpull ethereum

What happened

On LinkedIn, the project team created accounts with fictitious images and identities.

The contract deployer distributed tokens in big amounts between external wallets at:

https://etherscan.io/tx/0x83dfa98a…0dd868

https://etherscan.io/tx/0x64797cdc…e548a4

https://etherscan.io/tx/0xb8fa1eff…1212b0

https://etherscan.io/tx/0xa20c511b…e7eb52

https://etherscan.io/tx/0xaf70f4b3…edafe2

One from the recipients added initial liquidity at:

https://etherscan.io/tx/0xb875065e…7e2452

The other addresses started selling tokens in multiple transactions, for example:

https://etherscan.io/tx/0xc5e5f42d…6db17d

https://etherscan.io/tx/0x923bb84b…6ed103

https://etherscan.io/tx/0x494cf90d…2d263e

https://etherscan.io/tx/0x040b78ab…18a1cf

The liquidity was removed by the external address at:

https://etherscan.io/tx/0x25c58351…4094b7

https://etherscan.io/tx/0xeb822c02…7daccb

Case & protocol details

Classification Exchange (DEX)
Protocol Type Exit Scam/Rugpull
Affected asset / contract SOLID
Official Website Solv.finance/?chl=CMC
Protocol Twitter/X @solidprotocol

Evidence & learning

Sources and on-chain records

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