- Aqua reportedly executed a rug pull involving 21,770 SOL.
- Main ecosystem partners reevaluate integration processes.
- Immediate impact felt on partner DeFi protocols.
Solana trading bot Aqua reportedly executed a rug pull, draining 21,770 SOL ($4.65 million) from investors. The dev team disabled communications, raising concerns about the reliability of DeFi projects and trust in partnerships within the ecosystem.
An alleged rug pull has been executed by the Solana trading bot Aqua, resulting in a loss of approximately $4.65 million from investors. This incidence was informed by on-chain experts, affecting the broader Solana ecosystem.
This event has significant implications for DeFi trust on Solana, prompting market repercussions and shifts in investor confidence.
The Aqua project allegedly drained around 21,770 SOL valued at $4.65 million after receiving endorsements from notable Solana partners like Meteora and Helius. Several transactions moved the funds to exchanges, attracting scrutiny from on-chain analysts. Aqua’s team has locked or disabled communications since the incident, offering no public defense or explanation. This situation has drawn attention to the potential pitfalls of inadequate vetting processes within the Solana ecosystem.
“Aqua team just split up and moved their entire presale wallet of 21,770 SOL ($4.65M) to exchanges. All X replies disabled. Another Solana rug after heavy ecosystem endorsement.” — ZachXBT, Independent Blockchain Investigator
The immediate repercussions were felt across multiple partner projects as the liquidity tied up in Aqua dissipated. On-chain activity reveals substantial SOL outflow and liquidity pool disruptions. For example, Meteora’s liquidity experienced volatility as investors pulled out related funds. Market reactions include the collapse of Aqua’s TVL after funds were drained. Community discussions are currently dominated by the need for reassessment of partner-selection criteria post-incident.
Regulatory and institutional responses have been minimal thus far, with no official statements or policy changes noted. The precedent of earlier rug pulls within Solana highlights recurring trust and vetting issues that could affect future investments in this blockchain. Continued vigilance is emphasized by analysts to prevent further fraudulent activities in decentralized finance spaces.
About the author
California Man Sentenced in $37M Crypto Laundering Case
California resident sentenced for $37 million crypto fraud, receiving 51-month term and $26.9M restitution.
NPM Supply Chain Attack Targets Cryptocurrency
On September 8, 2025, trusted NPM developer Josh Junon fell victim to a phishing scheme, impacting cryptocurrency through popular packages.
Solana Bot Aqua Allegedly Conducts $4.65M Rug Pull
Solana's Aqua bot faces allegations of a $4.65M rug pull, causing community uproar.
Metaplanet and Strategy Acquire 66% of New Bitcoin
Metaplanet and Strategy significantly impact the market by acquiring 66% of newly mined Bitcoin, representing a pivotal role in corporate Bitcoin holdings.
Ethereum Tests $4,200 Support Amid Market Uncertainty
Ethereum hovers near $4,300 as attention turns to the critical $4,200 support level for potential market stability.
Global Adoption of Cross-Border CBDCs Surges Significantly
134 states explore or implement cross-border CBDCs, impacting global financial structures.
Related
California Man Sentenced in $37M Crypto Laundering Case
California resident sentenced for $37 million crypto fraud, receiving 51-month term and $26.9M restitution.
NPM Supply Chain Attack Targets Cryptocurrency
On September 8, 2025, trusted NPM developer Josh Junon fell victim to a phishing scheme, impacting cryptocurrency through popular packages.
BNB Holds Utility and Ethereum Faces Gas Delays But BlockDAG’s Viral X10 Unboxings Prove It’s the Best Crypto Investment Now
Discover why BlockDAG’s $395M presale and viral miner rollout make it one of the best long term crypto investments vs Binance Coin and Ethereum.
Metaplanet and Strategy Acquire 66% of New Bitcoin
Metaplanet and Strategy significantly impact the market by acquiring 66% of newly mined Bitcoin, representing a pivotal role in corporate Bitcoin holdings.
Ethereum Tests $4,200 Support Amid Market Uncertainty
Ethereum hovers near $4,300 as attention turns to the critical $4,200 support level for potential market stability.
Global Adoption of Cross-Border CBDCs Surges Significantly
134 states explore or implement cross-border CBDCs, impacting global financial structures.
