Incident All ledgers
Compounder Finance: $12.5m
Compounder Finance lost $12.5m on 2 December 2020. Ranked 172nd of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 2 December 2020
- Lost
- $12.5m
- Returned or repaid
- None recorded
- Target
- DeFi Protocol
- Category
- Rugpull
- Method
- Admin Drain
- Chains
- Ethereum
Compounder Finance's development team swapped audited strategy pools for malicious contracts that lifted withdrawal limits, draining all asset pools of about $12,464,316 in an apparent premeditated exit despite advertised timelocks.
Against the ledger
- It ranks 172nd of the 1,272 incidents with a known loss, and 7th in 2020.
- It accounts for 0.4% of the $3.56bn in known losses in December 2020.
- 40 incidents in the ledger are classified as Rugpull, for $284.7m in total. This one is 4.4% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 02 Aug 2023 | Bald | $23.0m | DeFi Protocol | Liquidity Rug | — |
| 25 Nov 2021 | Snowdog | $18.1m | DeFi Protocol | Liquidity Rug | — |
| 26 Aug 2023 | PEPE | $15.1m | Token | Admin Drain | — |
| 04 Jan 2022 | Arbix Finance | $10.0m | DeFi Protocol | Admin Drain | — |
| 28 May 2026 | DxSale | $7.3m | DeFi Protocol | Liquidity Rug | — |
All failures in 2020 · 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, “Compounder Finance, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/compounder-finance-2020-12-02/. How this is built