暴雷

bàoléi

verb

Meanings

1 (of a P2P platform, crypto project, or financial firm) to blow up, collapse, default
2 thunderclap (literal)

Characters

sudden, violent

thunder, (fig.) landmine / time bomb

Examples

那个P2P平台昨天暴雷了,投资者血本无归。

Nàge P2P píngtái zuótiān bàoléi le, tóuzīzhě xuèběn wú guī.

That P2P platform blew up yesterday; investors lost everything.

这个币种已经暴雷跑路了。

Zhège bì zhǒng yǐjīng bàoléi pǎolù le.

This coin has already rugged and the team ran.

房企接连暴雷,市场信心崩塌。

Fángqǐ jiēlián bàoléi, shìchǎng xìnxīn bēngtā.

Property developers collapsed one after another, shattering market confidence.

Tips

culture

Rose to prominence during the 2018-2019 P2P lending meltdown when hundreds of platforms absconded with depositors' funds. Now used for any sudden financial blow-up: crypto rugs, stablecoin depegs, property-developer defaults.

usage

Also written 爆雷 in many sources (some dictionaries prefer 爆雷). 暴 here means 'sudden', not 'violent'.

Stroke Order

暴 bào

雷 léi