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Security term

Wallet drainer

Malicious code that empties a wallet in one signature.

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By the Orca Crypto teamUpdated 2026-09-01How we check this3 min readDefinition
Definition

Malicious code that empties a wallet in one signature.

Drainer kits are sold as ready made software. They present a page that looks legitimate and ask you to sign what appears to be a login or a claim. The signature actually grants permission to transfer your tokens.

The signature can look harmless in a wallet that does not simulate transactions, which is exactly why simulation matters.

In practice

Use a wallet like Rabby that shows what a transaction will actually do before you sign it.

What people get wrong

That you have to enter your seed phrase to be drained. Most modern drainers never ask. They get you to sign a transaction or an approval that looks routine, and the wallet does the rest, which is why reading what you are signing matters more than guarding what you type.

Common questions

How does one signature empty a whole wallet?
The signature is often a blanket approval or a permit granting a contract the right to move your tokens, not a transfer. Once granted, the drainer takes everything at leisure.
What do I do if I think I signed one?
Move remaining funds to a fresh wallet first, then revoke approvals from the old one. Revoking first gives the attacker time to act while you are still holding.

Where this comes up on the site

The guides that actually use this word, rather than a list of everything we have written.

Where to go next

More security terms

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