Security Incident · Avalanche Ecosystem
SnowdogDAO Rug Pull: $30.00M Reported Loss
SnowdogDAO, an Avalanche-based decentralized reserve memecoin, suffered a severe failure yesterday after only 8 days of operation.
- Reported loss
- $ 30,000,000
- Attack category
- Rug Pull
Incident Overview
Snowdog created its own AMM based on Uniswap V2 to move all SDOG liquidity from DEX Avalanche Trader Joe. However, the redemption failed miserably within seconds of launch, with hundreds of users losing most of their funds.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.