Fake DefiLlama Apps Surface on App Store Before Real One

Impersonator apps carrying the DefiLlama name have shown up on Apple’s App Store while the real DefiLlama, one of crypto’s most widely used analytics platforms, still hasn’t shipped an official iOS app of its own.

Cointelegraph reported the delay and the fakes, which fits a pattern of fake apps on the App Store that has persisted for years: scammers get approved before the legitimate developer’s app goes live.

DefiLlama

DefiLlama tracks Total Value Locked and other metrics across hundreds of DeFi protocols and blockchains, making it a go-to reference for traders and researchers. It does not currently have a verified app on the App Store, which is exactly the gap the fake listings are exploiting.

Two suspicious listings are currently live. One, titled “Defillama – DEFI , TVL , Perps,” is attributed to a developer called “Xavier Van Den /.” The other, “DEFILLAMA App – TVL , Metrics,” comes from a developer listed as “OLAVI VITSUT.” Neither appears to be affiliated with the real DefiLlama team.

What makes these listings especially sloppy is that the App Store descriptions don’t even describe a DeFi tool. One page’s actual copy is for a “Parking Dashboard,” describing a “smart, intuitive app designed for smooth parking management” that lets users “track every slot, manage vehicles, and monitor your revenue.” The other page’s description belongs to something called “Dashkra Loan Manager,” pitched as “a powerful and simple loan tracking application designed to help you manage your personal lending and borrowing activities.” Both use the DefiLlama name and branding up top while the description underneath is copied from an unrelated template, a strong sign of listing hijacking rather than a genuine attempt to build a competing DeFi app.

The problem has now escalated into active litigation as three customers sued Apple in a California federal court after allegedly losing a combined $1.8 million to a fake Sparrow Wallet app, which took advantage of the same vulnerability: no official Sparrow Wallet app exists on iOS, but fakes were already available. The complaint alleges the spoof app captured account credentials and diverted users’ digital assets to scammers, wiping out their crypto holdings. Plaintiffs are pursuing consumer protection claims in California, Louisiana, and Massachusetts along with fraudulent and negligent misrepresentation, fraudulent concealment, and failure to warn. The lawsuit also claims other fake Sparrow Wallet apps remain on the App Store despite being reported to Apple.

Apple’s own numbers show the scale of the broader fraud fight. The company says it prevented more than $9 billion in fraudulent App Store transactions over the past five years, including over $2 billion in 2024 alone, and blocked nearly 4.6 million attempts to install apps distributed outside the App Store or approved marketplaces in a single month earlier this year. Apple also removed more than 7,400 apps from App Store charts and nearly 9,500 deceptive apps from search results in 2024. None of that has stopped high-profile impersonation cases from recurring, and Senator Sherrod Brown pressed Tim Cook on crypto-app vetting as far back as 2022, calling it “imperative that app stores have the proper safeguards in place to prevent against fraudulent mobile application activity.”

For DefiLlama users, simply don’t trust a DefiLlama-branded listing just because it shows up in search, and check the actual app description text before downloading anything, since a mismatch between the name and the description is often the clearest tell.

About the Author

Imran Hussain is the founder and editor of iThinkDifferent, which he launched in 2008 to cover Apple news, reviews, and how-to guides. He has spent over 15 years writing about iOS, macOS, and the wider Apple ecosystem, with a focus on hands-on guides - installing developer betas, troubleshooting, and walking through new features on his own devices. Based in Dubai, he also loves to cover photography, gaming, and the tech industry more broadly on his social media profiles.

Leave a Reply