Case Study: 30-Day Wallet Allowance Cleanup
A practical month-long cleanup of stale token approvals across multiple chains, including risk scoring, revocation order, and measurable outcomes.
Last updated: February 24, 2026 · Reviewed by SVGN Security Contributors
Background
In early 2026, our operations wallet set included 12 active addresses across Ethereum, Base, Arbitrum, and BNB Chain. Over time, fast-moving DeFi usage left a large number of stale allowances.
We ran a 30-day allowance cleanup initiative with one simple objective: reduce approval blast radius without blocking normal product operations.
Baseline Snapshot
At day 0, we measured:
- 187 total active approvals
- 64 unlimited approvals
- 41 approvals with no interaction in the last 60 days
- 23 approvals tied to protocols no longer in active use
We grouped approvals into three risk tiers:
- High: Unlimited + high-value tokens + low-confidence spender history
- Medium: Unlimited but low-value or occasionally used
- Low: Exact-amount approvals for currently active workflows
Execution Plan
Week 1: Inventory and Tagging
- Export all allowances by chain and wallet
- Tag spender contracts by protocol and trust level
- Mark business-critical flows that cannot be interrupted
Week 2: High-Risk Revocation
- Revoke all high-risk unlimited approvals first
- Prioritize assets with highest treasury exposure
- Schedule revocations during low-traffic operational windows
Week 3: Medium-Risk Cleanup
- Replace unlimited approvals with exact-amount approvals where possible
- Remove stale approvals older than 60 days
- Confirm that core product workflows still pass acceptance checks
Week 4: Policy Hardening
- Introduce weekly review cadence
- Add pre-sign checklist before approving new spender contracts
- Define emergency playbook for suspicious allowance spikes
Results After 30 Days
The cleanup reduced practical risk exposure materially:
| Metric | Before | After |
|---|---|---|
| Total active approvals | 187 | 91 |
| Unlimited approvals | 64 | 14 |
| Stale approvals (>60 days) | 41 | 6 |
| High-risk approvals | 27 | 3 |
Evidence Appendix
Screenshot Checklist
- Dashboard snapshot before cleanup (wallet-level approval count)
- Revocation execution view for high-risk spender contracts
- Final 30-day summary panel with per-chain deltas
Sample Transaction Hashes (format)
0x7be4c7df6f5ec4e12b35c1790f1d7ce9c5594d0f44cb9e4ab5ea08a2fbb2a401
0x98c5f01f6afab7a7d266331f94014843458ae8dadf2e7db665b0d7dc9bb0b1f8
Lessons Learned
1) Security debt compounds quietly
Allowances accumulate faster than teams expect, especially when multiple contributors test protocols in parallel.
2) Exact approvals are a realistic default
For recurring workflows, exact approvals add friction but dramatically reduce downside.
3) Governance matters
Technical controls are not enough. A simple operating policy made the largest long-term difference.
Replicable Checklist
- Maintain chain-by-chain allowance inventory
- Tag spender contracts with owner and business purpose
- Revoke stale approvals every 7 days
- Review unlimited approvals every 30 days
- Keep an incident escalation route for suspicious signer prompts
Conclusion
The project proved that structured allowance cleanup is not just a compliance exercise. It directly lowers wallet compromise impact and improves response readiness.
Sources and References
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