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$10 test, then $30,750 loss

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Lookalike fee addresses focused practically 4.5 million Solana wallets over 11 months, in keeping with blockchain-data agency Bitquery’s Oct. 9, 2026 findings. The findings present why a profitable small take a look at switch can nonetheless precede a a lot bigger fee to a scammer.

The method, often known as tackle poisoning, vegetation a deceptive entry in a pockets’s fee historical past. A tiny incoming switch places the sender’s lookalike tackle close to a authentic fee. If the consumer later copies that tackle, they’ll ship cash to the mistaken recipient.

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A Solana take a look at switch can attain the mistaken tackle

Bitquery describes a Nov. 17, 2025 case during which a pockets first paid $10 in USDT to its Gate.io deposit tackle. A lookalike despatched mud 12 seconds later. The pockets then despatched a second $10 take a look at to the faux, adopted by 30,749.80 USDT to that very same tackle.

Bitquery’s November 17, 2025 Solana case: an initial $10 USDT exchange payment was followed by dust from a lookalike, then a $10 test and 30,749.80 USDT payment to that lookalike. Successful delivery does not verify recipient identity.

The implication is {that a} profitable take a look at confirms supply to the chosen tackle, however can’t set up who controls it. If the vacation spot was copied incorrectly, repeating the fee repeats the error.

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Receiving mud doesn’t itself drain a pockets on this mechanism. The loss happens when its proprietor subsequently authorizes a fee to the lookalike.

Bitquery counted 4,497,798 focused wallets from Oct. 30, 2025, by Oct. 7, 2026. Its rule required a same-day fee of at the least $1 in SOL, USDC or USDT, adopted by mud or a faux stablecoin token from a unique tackle matching at the least three characters at every finish of the payee.

The loss evaluation used a smaller subset: roughly 3.0 million wallets poisoned by July 9, 2026. Of these, 1,104 made qualifying funds totaling $940,106. The broader focusing on depend doesn’t imply 4.5 million wallets misplaced cash.

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The loss whole is a ground. It counts funds of at the least $1 inside 90 days of the primary mud. Past that window, a fee might qualify if extra mud arrived that day. Wallets poisoned after July 9 and funds exterior these guidelines have been excluded. Bitquery additionally eliminated possible current relationships, akin to pairs with earlier funds or repayments; some real thefts could have been excluded.

Phantom’s address-poisoning steerage advises avoiding addresses copied from transaction historical past and verifying the tackle earlier than sending.

Its receiving-payment directions separate the checks: first affirm the precise recipient tackle and community, then lookup the transaction standing on an explorer. Phantom additionally says it can’t recuperate tokens despatched to the mistaken tackle.



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