Incident All ledgers
Arbix Finance: $10.0m
Arbix Finance lost $10.0m on 4 January 2022. Ranked 196th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 4 January 2022
- Lost
- $10.0m
- Returned or repaid
- None recorded
- Target
- DeFi Protocol
- Category
- Rugpull
- Method
- Admin Drain
- Chains
- BSC
Arbix Finance, a BSC project, carried out a rug pull on January 4, 2022, using admin minting privileges to drain about $10M of user funds. The team then removed its website and social accounts and moved the funds through AnySwap.
Against the ledger
- It ranks 196th of the 1,272 incidents with a known loss, and 31st in 2022.
- It accounts for 6.3% of the $158.6m in known losses in January 2022.
- 40 incidents in the ledger are classified as Rugpull, for $284.7m in total. This one is 3.5% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 25 Nov 2021 | Snowdog | $18.1m | DeFi Protocol | Liquidity Rug | — |
| 26 Aug 2023 | PEPE | $15.1m | Token | Admin Drain | — |
| 02 Dec 2020 | Compounder Finance | $12.5m | DeFi Protocol | Admin Drain | — |
| 28 May 2026 | DxSale | $7.3m | DeFi Protocol | Liquidity Rug | — |
| 25 Aug 2023 | Magnate Finance | $6.5m | DeFi Protocol | Treasury Misappropriation | — |
All failures in 2022 · The failures ledger
Amounts are DefiLlama’s estimates and can change as incidents are revalued. Its returned figure can include money a company repaid itself, not only funds recovered from attackers. Source: DefiLlama.
Cite this Bitminer.io, “Arbix Finance, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/arbix-finance-2022-01-04/. How this is built