TLDRHypervault vanished after a suspected rug pull that involved the loss of $3.6 million in funds.The stolen funds were transferred through Tornado Cash, a service known for obscuring transactions.Hypervault deleted all online accounts, including its website and social media profiles, after the exploit.The project had promised high returns but lacked transparency, with audit claims that were later proven false.This incident adds Hypervault to the growing list of exit scams in the DeFi space.The DeFi platform Hypervault has disappeared after an alleged rug pull that saw $3.6 million vanish. The funds were transferred to Ethereum and later funneled through Tornado Cash, a known privacy tool. Hypervault’s entire online presence was erased, further fueling suspicions of a scam. Blockchain security firm PeckShield highlighted the suspicious transfers in a recent post.$3.6 Million Sent Through Tornado CashOn the day of the exploit, approximately 752 ETH, worth nearly $3 million, was moved through Tornado Cash. The platform, known for obfuscating funds, is often linked to money laundering and hiding illicit transactions. PeckShield’s post confirmed that the funds were bridged from Hyperliquid to Ethereum before being swapped for ETH. The use of Tornado Cash raised immediate concerns, as it is commonly employed to launder stolen funds.#PeckShieldAlert #Rugpull? We have detected an abnormal withdrawal of ~$3.6M worth of cryptos from @hypervaultfi.The funds were bridged from #Hyperliquid to #Ethereum, swapped into $ETH, and then 752 $ETH was deposited into #TornadoCash. pic.twitter.com/mHQLPYXvzS— PeckShieldAlert (@PeckShieldAlert) September 26, 2025This pattern suggests that the funds may have been stolen through a rug pull. The project’s team promptly deleted its online accounts, including the website and social media profiles. Community members who attempted to access Hypervault’s promotional links were met with dead pages, further hinting at an exit scam. The suspicious transfers and the disappearance of Hypervault’s digital presence have fueled speculation that the project is involved in a scam.Hypervault’s Abrupt Disappearance and Suspicious ActivityHypervault marketed itself as a decentralized auto-compounding vault platform with high yields. The project promised annual returns of 76% on stablecoins and up to 95% on HYPE liquidity pools. However, as the situation unfolded, it became clear that the platform was likely a fraudulent scheme. Investors soon realized that the project’s entire online presence had vanished, with its website inaccessible and its social media accounts deleted.Prior to the exploit, Hypervault had claimed to undergo an audit by reputable security firms like Spearbit, Pashov, and Code4rena. However, when community members reached out to these auditors, they received no responses. Pashov claimed they had never heard of Hypervault, and Code4rena’s website did not list any pending audits for the project. These discrepancies raised alarms among investors and highlighted the project’s lack of transparency.Despite several warnings from the community, including a public call from HypingBull, Hypervault continued to encourage participation. The platform promoted the exploration of other HyperEVM protocols and hinted at an upcoming audit. However, once the exploit occurred, the team vanished, confirming suspicions of a rug pull.The Hypervault incident adds to the growing list of rug pulls in the DeFi space. Earlier in 2023, the Test Token (TST), originating from a Binance tutorial, experienced a dramatic price crash, wiping out investors. Similarly, the Official Melania Meme coin, linked to First Lady Melania Trump, was accused of an exit scam earlier this year. These events demonstrate that even high-profile projects can quickly vanish, leaving investors with significant losses.The post Hypervault Vanishes as $3.6 Million Funneled Through Tornado Cash appeared first on Blockonomi.