SwilrLend Hack

TOTAL LOST $460K
Low Rugpull

What happened

SwirlLend protocol was exploited in a rugpull; 460,317 $USD worth of 253.2 $ETH were stolen across Linea and Base chains on Aug 16, 2023.

SwirlLend, a decentralized lending and borrowing protocol running on Base and Linea chains, fell victim to a rugpull attack. The scammer bridged 253.2 $ETH (worth 460,317 $USD) from Linea and Base chains to the Ethereum chain via Orbiter Finance's Bridge. The stolen funds were then deposited into TornadoCash.

Specifically, the losses were 163,620 $USD worth 90 $ETH on Linea Chain and 296,697 $USD worth 163.2 $ETH on Base chain. The official Twitter, Telegram, Discord, and Website were shutdown shortly after the incident.

- Scammer Address:

https://basescan.org/address/0x26f6d954…ce5ce7

- Bridging Transaction:

https://basescan.org/tx/0x34256b33…e81fcf

- Scammer Address:

https://explorer.linea.build/address/0x26f6d954…ce5ce7

- Scammer Address:

https://etherscan.io/address/0x26f6d954…ce5ce7

- Bridged Transactions:

https://etherscan.io/tx/0x827fec90…27161b

- TornadoCash Deposit Transaction:

https://etherscan.io/tx/0x9bcfe25e…5ca938

Case & protocol details

Classification Borrowing and Lending
Protocol Type Exit Scam/Rugpull
Official Website suilend.fi/
Protocol Twitter/X @SwirlLend

Evidence & learning

Sources and on-chain records

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