Odaily News According to Padun monitoring, the deployer address of SwirlLend has transferred tokens worth $289,000 from Base to the Ethereum mainnet, including 140.68 ETH and 32,600 USDC. They still hold approximately 92 ETH on Base.

In addition, the SwirlLend protocol experienced a Rug Pull on the Linea network, and 94 ETH has been bridged to the Ethereum mainnet through Orbiter Finance: Bridge. The current balance of the depoyer address on Ethereum is 165.6 ETH and 32,641 USDC.

Earlier today, DefiLlama data showed that the Total Value Locked (TVL) of the SwirlLend protocol in the Base ecosystem dropped from $784,300 to $492,000. Furthermore, the official Twitter account of SwirlLend has been deactivated.

According to on-chain information, the price of the SwirlLend token (SWI) also nearly reached zero around 10 AM today.