The Wait is Over: Griffin AI is Re-Launching its GAIN Token on Major Exchanges

[PRESS RELEASE – Liechtenstein, Liechtenstein, October 6th, 2025]

Griffin AI will begin the relaunch of its GAIN token on Monday, 6 October at 6:00 p.m. Singapore Time (12:00 p.m. CET). The relaunch course of differs by person group: centralized exchanges (CEX), self-custody pockets holders, and Binance Alpha customers. A snapshot for the 1:1 swap was taken on the time the unauthorized minting started on twenty fourth September. A USD 2.5 million goodwill restoration and buyback fund was put up by the founder representing the total quantity the hacker has obtained from the sale of counterfeit tokens to neighborhood. Liquidity can be re-established on PancakeSwap, and the product roadmap continues unchanged.

The GAIN token relaunch is right here.

When: Monday, 6 October, 6:00 p.m. Singapore time (12:00 CET)

The background

On the 24 September Griffin AI performed a profitable launch of its unique GAIN token. Opening at 0.05 USD worth reflecting USD50m valuation (FDV), the value shortly reached 0.24 USD whereas volumes hit over USD 100m. 12 hours later the attacker deployed the malicious peer contract on the Ethereum community exploiting cross-chain endpoint and minting ~5 billion pretend GAIN tokens on Binance Smart Chain. The hacker offered ~2.8% of the minted pretend token for estimated USD3m.

We performed a safety audit of the sensible contracts and the personnel concerned in minting operations. Neither the unique Ethereum sensible contract, nor the Griffin platform or any of its merchandise (together with the Transaction Execution Agent), skilled any safety breach. The incident was restricted to an exploit of the BNB bridge on BNB Chain for minting of the pretend GAIN token.

The relaunch of the Griffin AI GAIN token

The relaunch can be performed otherwise for every of three teams concerned: CEX, impartial pockets holders, and Binance Alpha.

Users of our accomplice centralized exchanges

Exchanges: HTX, MEXC, Gate.io, KuCoin, WEEX – all exchanges that performed the preliminary token launch on 24 September are backing the re-launch following the token swap.

The course of: Your alternate will deal with the contract swap, credit score the brand new GAIN to your account, and take away the previous token. After that, the alternate will reopen buying and selling, deposits, and withdrawals based on its personal timeline, beginning with MEXC and HTX on Monday, 6 October at 6:00 p.m. Singapore time (12:00 p.m. CET).

What customers have to do

No motion wanted; wait on your alternate announcement and observe Griffin AI on Twitter @Griffin_AI.

The background for the CEX case: These exchanges moved shortly to pause deposits and withdrawals inside hours of the unauthorized token mint on 24 September 2025. This quick transfer largely prevented counterfeit tokens from coming into their platforms. MEXC, Gate.io, KuCoin, and WEEX paused buying and selling on 25 September. HTX continued buying and selling as a result of it closed deposits and withdrawals earlier than any pretend tokens may enter. This is why buying and selling on HTX mirrored the unique, professional GAIN minted by the Griffin AI venture.

Self-custody pockets customers (MetaMask, Ledger, and many others.)

We mounted the snapshot for airdrop on the time when the hacker began to maneuver unauthorized minted tokens: on 24 September 2025, 23:26:18 UTC.

We have recognized 2,932 non-compromised wallets holding actual GAIN on the time of the snapshot. To these wallets we’re airdropping a complete of three,239,281 new GAIN tokens.

What occurs subsequent

• If you’re the holder of certainly one of these wallets, you’ll obtain new GAIN 1:1 through airdrop on the 6 October 2025. No motion is wanted on your aspect.
• Incident-period patrons: apply to the Goodwill Recovery Program through Griffin AI Support: Community. Allocations can be paid in GAIN token professional rata, with linear vesting primarily based on verified claims.

Binance Alpha customers

The largest share of the counterfeit tokens was absorbed by Binance Alpha between 25 September and earlier than buying and selling was paused on 2 October.

What occurs subsequent

We are working straight with Binance on a tailor-made answer for balances on its platform. The blanket 1:1 swap for the complete interval earlier than the buying and selling pause can’t not be carried out by the venture. Please await Binance’s personal announcement on the way it will deal with the contract swap.

Why we’re not doing a blanket 1:1 for all post-incident purchases

During the incident, numerous pretend tokens hit the market at very low costs. If we exchanged each post-incident token 1:1, the freely tradable provide at relaunch would leap by about ten instances. That would doubtless trigger instantaneous heavy promoting, block regular worth discovery, and make a correct relaunch unattainable harming all members of the neighborhood.

Instead, we selected a funded, capped restoration fund which is able to purchase again and burn tokens within the whole quantity of USD 2.5 million — equal to the total quantity the hacker has obtained from the sale of counterfeit tokens to neighborhood. Such strategy protects market integrity and offers affected patrons an actual, funded path to get well worth over time quite than handing out tokens right into a market that might not soak up them.

Liquidity setup

For the relaunch, Griffin AI will replicate the preliminary liquidity setup by deploying a licensed Griffin Liquidity Pool on PancakeSwap totaling USDT 600,000, break up USDT 300,000 in stablecoins and USDT 300,000 in GAIN.

Technology and roadmap

With the swap of the token, the vulnerability is closed and the safety posture strengthened. GAIN is sport on once more.

The relaunch doesn’t change our roadmap. Griffin AI continues to ship DeFi brokers on BNB Chain and Ethereum — the following technology of DeFi. Our focus stays the identical: construct helpful tech and help our neighborhood. A brand new product replace can be shared later this week.

GAIN Token and safety info

• Token sort: LayerZero V2 OFT (ERC-20
• New contract tackle: 0xa890F8BA60051ec8a5B528F056DA362Ba208a96F
• Max provide on chain: 1,000,000,000
• Total provide distinction: 0
• Security audit: performed by Hacken. Link to the audit report: Griffin AI AG audit by Hacken Griffin AI AG audit by Hacken
• For phrases and circumstances of the token swap, please check with the venture web site #1 AI Agent Builder for Web3

About Griffin AI 

Griffin AI is a #1 no-code agent builder for DeFi, powering greater than fifteen thousand dwell brokers. Its flagship agent, Transaction Execution Agent (TEA), executes swaps and yield methods throughout main chains and wallets. Built by an skilled engineering workforce led by Oliver Feldmeier, who based certainly one of Europe’s first regulated digital asset exchanges and took it public in a one hundred-million-dollar NASDAQ IPO, Griffin AI combines confirmed management with deep technical execution. The venture targets a big DeFi market the place most tasks lack AI capabilities by delivering on-chain, superintelligent brokers. Griffin AI brokers are built-in with and trusted by BNB Chain, NEAR Protocol, Cardano Foundation, Arbitrum, 1inch, Uniswap, and Burrito Wallet, with extra tier-one companions becoming a member of. At the core is GAIN, the native token that powers agentic DeFi.

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