Why did DeFiLlama delay its mobile app launch?

DeFiLlama delayed its mobile app launch because fake apps were impersonating the platform on Apple’s App Store, according to founder 0xngmi.

What are the fake DeFiLlama apps accused of doing?

DeFiLlama’s founder said one malicious app was linked to a small crypto wallet being drained, prompting the team to document the activity for Apple.

How did Apple respond to the fake DeFiLlama app?

Apple removed one fake DeFiLlama app within days after the company downloaded it and documented evidence of a wallet being drained, according to 0xngmi.

What does the DeFiLlama warning mean for crypto users?

DeFiLlama users should verify an app’s developer and official source before downloading it, particularly when dealing with crypto wallets or financial accounts.

Why are fake crypto apps a wider security concern?

Fake crypto apps have also impersonated Rabby wallet and Curve Finance, while a fake Ledger Live app was linked to $588,000 in stolen funds.

Cryptocurrency

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DeFiLlama delays app launch over fake apps

Written by Heidi Cuthbert Published Aug 17, 2026, 12:38 AM

• DeFiLlama delayed its mobile app launch while fake apps appeared on Apple’s App Store.
• Its founder said Apple removed one malicious app within days after evidence was provided.
• The fake apps were designed to impersonate DeFiLlama and target crypto users.

DeFiLlama delayed its mobile app launch after fake apps impersonating the platform appeared on Apple’s App Store.

The company spent months seeking the removal of one malicious app before Apple took action, according to its founder.

“We waited ‘till all the fake apps were taken down before we launched ours to avoid any user getting scammed,” DeFiLlama founder 0xngmi said.

The founder said Apple removed one fake app within days after DeFiLlama documented a small crypto wallet being drained.

The company’s mobile launch remained delayed until the fake apps were removed, with DeFiLlama saying the move was intended to reduce scam risks.

Fake apps have previously impersonated crypto brands including Rabby wallet and Curve Finance on Apple’s App Store.

A fake Ledger Live app on Microsoft’s Store also resulted in $588,000 being stolen across 38 transactions in November 2023.