Story signal · how it spread on X · via Elfa

as of
Spread
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Distinct X and Telegram accounts Elfa counted behind this story’s reports, summed over the thread. Not posts, not impressions.
9 accounts

first post
Leviathan +10.6 h later

ETH reaction
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Price change from the first post to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
−2.1% 24h after post

$2,452 → $2,399
BTC −2.0% same window
Elfa measured −2.9% 1d · moved with the market · still measuring

Thread · 1 event
  1. First reportSwell DAO admin keys reportedly compromised, with malicious contracts posing a risk to swETH and rswETH9 acc.
  2. Leviathan published this article

All times UTC.

Cited posts

  • @spreekaway SpreekFirst reportOn X ↗

    Admin keys for Swell DAO's swETH and rswETH appear to be compromised (railway related?) * Attackers are raising NAV by max 1% (unbacked) each hour * Four malicious upgrade contracts have been deployed (although not queued yet through multisig) that could steal approx 2500 ETH

  • @0xMakima_ MakimaOn X ↗

    uh oh https://t.co/LByux2oI4O

  • @g13m Captain GMOn X ↗

    Unbacked inflation has hit two of Swell DAO’s liquid staking tokens the admin keys for swETH and rswETH appear to be compromised, with an attacker pushing the tokens’ NAV higher by up to 1% every hour. The keys control proxy admin permissions, which lets the holder point the…

Show 3 more cited posts
  • @Trueo_ TrueoOn X ↗

    SECURITY WATCH 🚨 SWELL DAO ADMIN KEYS FOR SWETH AND RSWETH APPEAR COMPROMISED, WITH ATTACKERS RAISING NAV BY UP TO 1% PER HOUR AND FOUR MALICIOUS UPGRADE CONTRACTS DEPLOYED THAT COULD STEAL ~2,500 ETH, PER SPREEK.

  • @0xQuit QuitOn X ↗

    Indeed about 2500 eth across 4 Swell proxies at risk here, however no indication that it can be taken. Both ProxyAdmins are owned by the Swell Timelock. The Timelock delay is set to seven days, and its administrator is a 4/7 multisig. None of the 7 signers have transacted since… https://t.co/5Qy4RNIxs1

  • @LibertySwapFi Liberty Swap | C.R.O.P.S. on PulseChain…On X ↗

    Admin keys for Swell DAO's swETH and rswETH are compromised https://t.co/YuSn5t7JcM

3 more accounts posted about this · 1 Telegram channel (no public link)

TradersTrader calls tracked by Elfa · not advice

Positioning · ETH

Open2,926 open positions · 2,713 long · 213 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 22 Oct 12:03 UTC.

Reaction since the first post

Since 22 Oct 01:28 UTC17 calls opened · 14 long · 3 short

Callers with a scored record

@DeadSeaTrader long · entry $2,409alpha −0.039 · 52% hit rate · 62 scored
@SASUKECRYPTO1 short · entry $2,404alpha −0.083 · 57% hit rate · 21 scored

Alpha, hit rate and sample size exactly as Elfa reports them.

Whole crypto market, not this story

Crowding80th percentile · vs last 28 days, 50 typical
Pulse 24h85/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book97.4% long · 11,022 accounts

As of 22 Oct 12:00 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquid post text from Xas of

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