Hypervault Finance Faces Rug Pull Allegations with $3.6 Million Drained

Hypervault Finance faces rug pull allegations after $3.6 million in crypto was drained from the project. The funds were first bridged from Hyperliquid to Ethereum and then converted into ETH, with 752 ETH deposited into Tornado Cash. The project's official X account vanished, fueling fears that the team has abandoned the project. Rug pulls in 2025 remain costly, with cases like MetaYield Farm and Mantra causing multi-billion-dollar investor losses.

Hypervault Finance, a decentralized vault protocol offering cross-chain liquidity and flexible yield opportunities, has faced rug pull allegations after $3.6 million in crypto assets were drained from the project HypervaultFi goes for suspected rug pull, takes $3.6M from Hyperliquid users and nukes X account^[1]. The funds were first bridged from Hyperliquid to Ethereum and then converted into ETH, with 752 ETH deposited into Tornado Cash HyperVault raises rug pull fears after $3.6m vanishes^[2].

The sudden and unexplained withdrawals have raised concerns within the community, with the project's official X account vanishing alongside the funds. This has fueled fears that the team has abandoned the project, leaving users with no recourse for their investments.

The incident is reminiscent of previous high-profile rug pulls in the DeFi sector, such as MetaYield Farm and Mantra, which caused significant investor losses HyperVault raises rug pull fears after $3.6m vanishes^[2]. The use of Tornado Cash, a mixing service commonly used to obscure transaction trails, adds weight to speculation that the protocol's operators may have walked away with users' funds.

Hypervault Finance promoted itself as a safer way to manage assets across networks, targeting investors looking for passive income streams. However, the abrupt disappearance of funds has called its credibility into question. The project's official X account vanished without a statement, leaving users uncertain about the fate of their investments.

Until there is clarity from Hypervault's team, the situation remains unresolved. The use of Tornado Cash, while not definitive proof, is a common tactic in cases where teams attempt to hide transactions after pulling funds. This incident serves as a reminder of the persistent risks in decentralized finance, where developers can drain liquidity and abandon projects, leaving investors with significant losses.