QUADRIGA INITIATIVE
CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
UNKNOWN
OCTOBER 2025
GLOBAL
WATT PROTOCOL
DESCRIPTION OF EVENTS
The Watt Protocol allows users to easily convert their tokens into liquid-staked Watt tokens, enabling them to earn yield from market activities like price movements and arbitrage, while maintaining full liquidity and control. Through this system, users can stake any token in their wallet, instantly turning it into a Watt token that accrues real yield, all while staying liquid and redeemable. This process is simple, designed for single staking, and gives users the opportunity to earn yield on top of their existing price speculation.
Liquidity providers can maximize their yield by holding Watt tokens, which offer additional rewards beyond traditional trading fees from liquidity pools. By staking liquidity with the Watt Protocol, users unlock even higher yield opportunities. These activities are reinforced by the underlying arbitrage mechanism, where price discrepancies between original assets and their corresponding Watt tokens are balanced by arbitrageurs. Each trade or conversion (wrap/unwrap) generates small fees that are automatically distributed to Watt token holders and liquidity providers, enhancing the yield-generating potential.
The Watt Protocol operates on the Solana blockchain, embracing decentralized finance (DeFi) principles through its permissionless and self-executing smart contracts. This composable, yield-bearing asset creates new opportunities for innovation within the DeFi ecosystem, offering users a flexible, secure, and high-yielding investment option. With a strong focus on security and transparency, the Watt Protocol ensures that users can earn yield while staying in full control of their assets, tapping into the unique opportunities offered by the decentralized finance landscape.
The exact mechanism for how the Twitter/X account was compromised was not explained. Once the account was compromised, the culprits were able to use the Watt Protocol name to launch new smart contract tokens.
Contract addresses involved: AYxQ9HMAuix21yNtezgXnpHkVyLZnXfdffELxKbvpump, WattxY7ZKjPGcPn4mDK442SA7YQC4xwnjsSHPAJ7WXQ
The loss amount does not appear to have been reported.
There does not appear to be any indication of the incident or any response on Watt Protocol's Twitter/X account.
The account was recovered. However, there does not appear to be any assistance for users who were affected by the compromise.
The outcome and any potential recovery is unclear.
It is unclear if the culprits are likely to be brought to justice.
The Watt Protocol, which allows users to convert tokens into liquid-staked Watt tokens to earn yield while maintaining liquidity, was recently affected by a security breach. The attack compromised Watt Protocol's Twitter/X account, allowing the culprits to use its name to launch fraudulent smart contract tokens. While the exact method of the compromise was not explained, the attack led to the creation of malicious contract addresses, but the amount of losses remains unreported. Despite recovering the account, there has been no assistance for affected users. The outcome of the situation, including potential recovery or actions against the perpetrators, remains unclear.
realScamSniffer - "@wattprotocol was compromised and posted phishing tweets. Stay alert!" - Twitter/X (Oct 28)
wattprotocol - "Account: recovered Scammer: deleted Security: upgraded Were deeply sorry for the confusion. Back to delivering real yield to every token on Solana" - Twitter/X (Oct 28)
PDave95 - "@wattprotocol you gonna address this morning launch or use the hackathon win to cover up ?" - Twitter/X (Oct 28)
noumeir_da83170 - "Can get CA" - Twitter/X (Oct 28)
Vladyslav_0007 - "@wattprotocol AYxQ9HMAuix21yNtezgXnpHkVyLZnXfdffELxKbvpump" - Twitter/X (Oct 28)
Watt_kins - "Just received an SOS from home base and it sounds serious. @wattprotocol has been hacked! Our X is gone... Wattizens, we have to help Command Center. Do NOT CLICK on any links from them. Mission incoming... Be ready for instructions..." - Twitter/X (Oct 28)
0xBlurz - "discord says hacked. be careful" - Twitter/X (Oct 28)
wattprotocol - "it was me bb" - Twitter/X (Oct 28)
wattprotocol - "wrap them instead" - Twitter/X (Oct 28)
Ivan1978730 - "SCAMMER!!!!!! ADD AND DELITE CA ON PUMP GUYS!!" - Twitter/X (Oct 28)
wattprotocol - "we ain't know who that is" - Twitter/X (Oct 28)
wattprotocol - "I wrap You wrap We wrap" - Twitter/X (Oct 28)
wattprotocol - "Bitcoin szn" - Twitter/X (Oct 28)
wasksome - "Unfortunately, our account got compromised. There are now security notices on our webpage & in the app. Pls do not interact with any posts there meanwhile" - Twitter/X (Oct 28)
luxxysol - "Good farming bro @wattprotocol after launching the token $watt you making rug and deleted the post CA CA : AYxQ9HMAuix21yNtezgXnpHkVyLZnXfdffELxKbvpump" - Twitter/X (Oct 28)
Malicious Token Smart Contract - Solscan (Oct 28)
The First Minting Transaction - Solscan (Oct 28)
LuigiOnTrades - "it dumped and i earned hahahah" - Twitter/X (Oct 28)
OnlyOneBubu - "please, do not interact. account is hacked!" - Twitter/X (Oct 28)
decipher_david - "@wattprotocol @solana @aeyakovenko this is who you guys support. A rugger" - Twitter/X (Oct 28)
usmxn_69 - "Do NOT INTERACT, THEYVE BEEN HACKED" - Twitter/X (Oct 28)
koolkrows - "@wattprotocol Scamming people by launching tokens, posting CA, then delete it again and rug." - Twitter/X (Oct 28)
aj_wgb - "The official account of @wattprotocol appears to have been hacked. Ignore all URLs in posts or DMs. Their Discord is still alive without being taken over, so it's better to get information from there." - Twitter/X (Oct 28)
SummitSatoshi - "@wattprotocol X account is hacked. Do not interact! They are also DMing users." - Twitter/X (Oct 28)
AdiemusCrypto - "Let me save everyone. Sell that fake token before its too late if you're in it." - Twitter/X (Oct 28)
sumptuosol - "hey guys!, @wattprotocol website/X is compromised and the attacker is sending drainer to followers in DM, be very careful out there. there's no free lunch anywhere. stay guided!" - Twitter/X (Oct 28)
xtestnet - ". @wattprotocol X account has been compromised. Do not respond to their DMs and do not interact!" - Twitter/X (Oct 28)
CTinfluencer - "Well done King" - Twitter/X (Oct 28)
8bitpenis - "@wattprotocol X account is compromised PLEASE DO NOT INTERACT" - Twitter/X (Oct 28)
CTinfluencer - "you guys are pathetic" - Twitter/X (Oct 28)
wattprotocol - "$wattUSELESS is still useless per se" - Twitter/X (Oct 28)
PDave95 - "@wattprotocol Bruh whoever did that deserves a kiss on the forehead with a brick i swear. Jesus. Lets run it back turbo now that scums out." - Twitter/X (Oct 28)
bigtedz - "hacked?" - Twitter/X (Oct 28)
LuisManuelGue11 - "Legit one of the best projects ever" - Twitter/X (Oct 28)
fantikvova - "scammmmmmer" - Twitter/X (Oct 28)
ForeverPokita - "Innovating like no other project" - Twitter/X (Oct 28)
Ivan1978730 - "SCAMMER!!!!!! ADD AND DELITE CA ON PUMP GUYS!!" - Twitter/X (Oct 28)
delta_sigma6 - "Dev will you be locking your supply?" - Twitter/X (Oct 28)
CTinfluencer - "so Toly and Solana main account follow but youre posting rugs?" - Twitter/X (Oct 28)
MEMESOLANANEWS - "U scam us with ur memecoin son of a b*tch" - Twitter/X (Oct 28)
thecryptobasic - "oh tf thanks jesus lol" - Twitter/X (Oct 28)
wattprotocol - "any news?" - Twitter/X (Oct 28)
King88sol - "Mfer scammers are so quick." - Twitter/X (Oct 28)
AdiemusCrypto - "Is this you guys? WattxY7ZKjPGcPn4mDK442SA7YQC4xwnjsSHPAJ7WXQ" - Twitter/X (Oct 28)
Ivan1978730 - "SCAMMER!!!!!! ADD AND DELITE CA ON PUMP GUYS!!" - Twitter/X (Oct 28)
Watt Protocol Twitter/X Account (Oct 28)
Watt Protocol Homepage (Oct 28)
Watt Protocol Documentation (Oct 28)
wattprotocol - "Every token starts with momentum. Maybe its narrative. Maybe its memes. Maybe its airdrop buzz. But that energy fades without structure. Communities lose steam when theres nothing to do. We turn your passive traders into active participants. Heres how we do it." - Twitter/X (Oct 28)
oojje - "@wattprotocol Let's make in viral and pump it" - Twitter/X (Oct 28)
srhposfi - "They should use us, their users would get better yield :)" - Twitter/X (Oct 28)
7afaRi7 - "Bullish" - Twitter/X (Oct 28)
wattprotocol - "Lots of talk today on the timeline. We're wrapped up & chilling though." - Twitter/X (Oct 28)
