REKT Projects
A comprehensive database of crypto projects that went wrong. Learn from their failures to avoid similar pitfalls.
Categories of Failure
Protocol Shutdown
Projects that completely shut down operations
Token Distribution Issues
Projects with problematic token economics or distribution
Rug Pulls
Projects where developers exit scammed
Security Compromised
Projects compromised by hacks or exploits
REKT Projects Database
Vertex Protocol
$VRTX
Vertex Protocol shut down operations, rendering the $VRTX token completely useless.
99%
7-9-2025
Primary Issue:
Protocol shutdown and token abandonment
Impact:
Total loss for token holders
Aark Digital
$AARK
Uses OrderlyNetwork for Perp Dex trading. Over 70% of tokens circulating in Bybit Hot wallet after 465+ days, exceeding whitepaper allocations.
99%+
7-11-2025
Primary Issue:
Excessive tokens in exchange hot wallet, team appears to be abandoning project
Impact:
Token dilution and potential abandonment
Kadena
$KDA
Team abandons the project at all time low. No further development is planned. Major exchanges are delisting the $KDA token such as Binance.
90%+
11-5-2025
Primary Issue:
Team abandons project at all time low with no further development planned
Impact:
Miner rewards will continue and full decentralization and future of the project is up to the community now
Learn from Their Mistakes
These projects serve as cautionary tales in the crypto space. Always do your own research, understand tokenomics, and be wary of projects with unclear roadmaps or excessive token concentrations.
Red Flags
- • Anonymous teams
- • Unclear tokenomics
- • No working product
- • Excessive hype
Warning Signs
- • Large token concentrations
- • Frequent delays
- • Poor communication
- • Changing roadmaps
Due Diligence
- • Research the team
- • Check token distribution
- • VC Backing does not equal success
- • Read the whitepaper
