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Security Incident · Avalanche Ecosystem

SnowdogDAO Rug Pull: $30.00M Reported Loss

·Historical incident record

Incident Overview

SnowdogDAO, an Avalanche-based decentralized reserve memecoin, suffered a severe failure yesterday after only 8 days of operation. 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

Original incident referencehttps://www.mon-livret.fr/le-premier-memecoin-lance-sur-avalanche-se-termine-en-arnaque-de-30-millions-de-dollars.html (opens in a new tab)

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.

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