The post HyperVault raises rug pull fears after $3.6m vanishes appeared on BitcoinEthereumNews.com.

Suspicious withdrawals from Hypervault have set off fears of a rug pull, with millions in crypto assets rapidly moved out of the platform.  Summary Hypervault sparks rug pull fears with $3.6 million drained and funneled through Tornado Cash. The protocol’s official X account vanished after the withdrawals, fueling fears that the team has abandoned the project. Rugpulls in 2025 remain costly, with cases like MetaYield Farm and Mantra causing multi-billion-dollar investor losses. Hypervault Finance is facing rug pull allegations after about $3.6 million in crypto was drained from the project in a series of suspicious transactions. According to on-chain data, the funds were first bridged from Hyperliquid to Ethereum, then converted into ETH. Roughly 752 ETH was later deposited into Tornado Cash, a mixing service commonly used to obscure transaction trails. The unusual activity mirrors a pattern often linked to rug pulls in decentralized finance, with sudden, unexplained withdrawals routed through privacy tools. For users still holding funds tied to the project, the move has fueled fears of an exit scam. What is Hypervault? Hypervault Finance promoted itself as a decentralized vault protocol offering cross-chain liquidity and flexible yield opportunities. The project marketed itself as a safer way to manage assets across networks, targeting investors looking for passive income streams.  “Hypervault is the premier hub for yield on HyperEVM,” it claimed. Its connection to Hyperliquid, a rising player in the perpetuals exchange space, had given it added visibility in the market. However, those promotions may have been a facade, as the abrupt disappearance of funds is now calling that credibility into question. Adding another layer of suspicion, Hypervault’s official X account vanished alongside the funds, and no statement has been issued at the time of writing. Screenshot of Hypervault’s profile amid rug pull concerns | Source: X Rugpulls remain a…

---

Filed under: News - @ September 26, 2025 11:24 am