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Wallet Drainer

Malicious software or dApp that tricks a user into signing a transaction that empties their wallet, often by abusing token approvals or signature requests. Wallet drainers are commonly spread through phishing links and fake airdrop sites.

Mike Starr

Founder, CryptoWizardTools · M.S. Organizational Management

Last reviewed: August 2026

Related Articles

Crypto Security Guide
Token Approval Risks

Related Terms

Token Unlock

The release of previously locked or vested tokens so they become freely tradable. Large unlocks can increase circulating supply and create selling pressure. Monitoring unlock schedules is an important part of tokenomics analysis.

Smart Contract

Self-executing code stored on a blockchain that automatically enforces the terms of an agreement when predetermined conditions are met.

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