|

Griffin AI: A Rare Post-Swap Discount Hiding in Plain Sight?

Projects not often get a second probability for brand new crypto launches. The first launch is all the things. It is when buyers resolve whether or not to belief or ignore a challenge. One mistake, whether or not it’s a technical failure or a serious safety challenge, can finish it for good. By that measure, Griffin AI (GAIN) ought to have been lengthy gone.

On September 24, 2025, Griffin AI did the unimaginable: it launched with gorgeous success. Supported by six main exchanges, together with Binance Alpha, HTX, and KuCoin, the $GAIN token exploded on its debut. Opening at an preliminary value of $0.05, with a $50 million totally diluted valuation, it grew to over 400% to $2.24 inside hours, reaching a peak valuation of $224 million. In its first 12 hours, the challenge noticed over $100 million in buying and selling quantity.

It was, by all metrics, the proper launch for a challenge in one of many business’s most advanced niches: AI DeFi brokers.

Then, the proper launch grew to become the proper catastrophe. An exploit led to mint of the pretend GAIN tokens and token value collapse. The challenge’s worth crashed from a high of $224 million to simply $7 million, an enormous 96% drop. For the neighborhood, it was an enormous blow to confidence. It appeared like simply one other challenge that had failed and been left behind for the broader market.

Now, the story is altering. This is a couple of arduous lesson and a critical plan to get better. Griffin AI isn’t giving up. The workforce is coming again with a deal with being open, defending customers, and proving one easy level: the product itself was by no means the issue.

The Overview of a $220 Million Disaster

For weeks, the Griffin AI workforce stayed quiet about what precisely went unsuitable, which led to rumors and damage neighborhood belief. But in a latest replace, the workforce lastly defined what occurred, and it turned out to be a easy, human mistake that was restricted in scope, not a serious system failure.

The exploit was not a flaw in Griffin AI’s protocol or its AI brokers, based on founder Oliver Feldmeier, whereas talking to BeInCrypto. The vulnerability got here from a “compromised key to the BNB bridge,” which was briefly dealt with by a single workforce developer who “didn’t execute correct safety diligence.”

The fallout was rapid and decisive. “Immediately after the breach, the developer was terminated with rapid impact,” Feldmeier mentioned, noting the matter was reported to the police, and a prison investigation is anticipated.

While this revelation supplied a transparent root trigger, it did little to repair the rapid monetary and reputational injury. The workforce was now confronted with an unimaginable alternative: let the challenge and its neighborhood collapse, or try probably the most troublesome maneuvers in crypto, a full-scale, post-hack remediation.

The “Protect the User” Strategy

Griffin AI’s response has turn into a case research in disaster administration. The workforce’s first and most important determination was to prioritize its customers over its personal timeline or tokenomics. This led to a 1:1 token swap, designed to make each single affected person complete.

This was not an inflationary occasion. Unlike many initiatives that print new, dilutive tokens to paper over their losses, Griffin AI’s most provide stays precisely 1,000,000,000 GAIN. Not a single new token was minted.

The workforce and its buyers took the hit themselves. To fund the 1:1 restoration for customers, the challenge reallocated tokens from its personal inside buckets, transferring ahead with the vesting of tokens initially meant for the Team and Investors. In quick, the challenge’s backers sacrificed their very own locked-up fairness to make the neighborhood complete, a transfer that preserved the token’s financial integrity.

This dedication was strengthened by one thing not often seen in crypto. In a joint determination with Binance, the change stepped in to assist, overlaying about half of the substitute tokens given again to customers. It’s extremely unusual for an change like Binance to share the price of a restoration. This motion stands as a vote of confidence in the Griffin AI workforce and its future.

The $2.5 Million Recovery Program

Making customers complete was step one. Rebuilding market confidence is the subsequent step.

To that finish, Griffin AI has activated a $2.5 Million Recovery & Buy-Back Program, with an preliminary $1 million tranche already reside. The workforce has acknowledged this program will run open-market buy-backs and execute month-to-month token burns, with a completely clear, on-chain public file for anybody to confirm.

In a report launched after the incident, analysts defined that the buyback isn’t the principle a part of the restoration plan. It exhibits the token swap is full, helps regular the market by taking further tokens out of circulation, and units a secure base for the challenge to rebuild from. The $2.5 million quantity additionally carries that means, because it matches the overall that the attacker made by promoting the pretend tokens.

The Unchanged Fundamentals: A Product That Works

The hack by no means touched the GriffinAI platform “Agent Builder” nor the core product, which stays reside and totally purposeful. Griffin AI’s flagship is the Transaction Execution Agent (TEA) Turbo, a chat AI agent for DeFi that’s reside on each Ethereum and BNB Chain. Branded as “DeFi Dapps Killer”, it permits customers to execute swaps, handle yield, and switch property utilizing easy natural-language instructions, by no means touching DEXs or wallets, with routing by means of main protocols like Uniswap, 1inch, and Aave v3 on the again.

Before the incident, the platform had already attracted roughly 250,000 energetic customers. Furthermore, its no-code Agent Builder has seen over 15,000 community-built brokers created, demonstrating an engaged developer base.

To create a direct demand driver for its embattled token, the workforce has additionally launched Griffin Premium, a brand new tier that unlocks unique brokers and options for customers who maintain no less than 100 GAIN. 

A Discount Hiding in Plain Sight?

A non-inflationary token swap, sturdy change help, an energetic product with customers, and a well-funded buyback plan have created an enormous hole between Griffin AI’s value and its true worth.

Right now, with a market worth between $7 million and $10 million, Griffin AI trades 86% beneath its launch value of $50 million, and 96% beneath its peak. Yet, as analysts level out, it’s nonetheless the identical founder, identical workforce, identical product, and identical change listings as earlier than.

At the identical time, related AI and agent-based DeFi initiatives are valued between $80 million and $300 million, which suggests GAIN’s present value is way decrease than its friends, as if the challenge had already failed, regardless of its profitable execution of the token swap and Binance monetary help. 

In quick, the market remains to be reacting to the popularity injury from the hack and overlooking the clear, well-financed comeback that’s already underway.

Griffin AI’s story is now about rebuilding. The threat is actual as a result of belief in crypto takes time to earn again. But for a market that thrives on comeback tales, Griffin AI has made its transfer. It has the product, the customers, and a $2.5 million restoration fund to show it’s right here to remain.

The put up Griffin AI: A Rare Post-Swap Discount Hiding in Plain Sight? appeared first on BeInCrypto.

Similar Posts