← AFI Protocolreviewed 2026-10-16 · 22 claims checked
Fact-check findings
What an automated fact-checker found when it re-read AFI Protocol against the sources the page cites. Only the most recent review is shown.
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These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
disputed
2 claimsThe reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.
- #15[disputed][awaiting moderator]in section: Partnerships and Ecosystem
“claimed to manage around $700 million in verified reserves as of the time of launch”
reviewerMultipli claimed to manage around $700 million in verified reserves as of the time of the December 2025 $20M vault launch (also stated in sections[1] re: afi-rwaUSDi).The page conflates an undated, much larger current-state attestation figure (~$700M, found on a third-party dapp listing) with the reserve backing specifically 'as of the time of' the December 2025 $20M vault launch, where the cited launch article and the page's own timeline both say $80 million. This is an internal contradiction as well as a mischaracterization of the cited source.Proposed correction (not yet applied)claimed to manage around $80 million in verified reserves as of the time of launch - #16[disputed][awaiting moderator]in section: Protocol Overview and Products
“backed by claimed $700 million in verified RWA reserves, with a $20 million vault launched in December 2025”
reviewerafi-rwaUSDi is backed by claimed $700 million in verified RWA reserves, with a $20 million vault launched in December 2025.Same underlying error as the Partnerships section finding: the $700M figure does not match either the cited launch article ($80M) or the page's own timeline entry for the same vault launch ($80M).Proposed correction (not yet applied)backed by claimed $80 million in verified RWA reserves, with a $20 million vault launched in December 2025
unverifiable
3 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #18[unverifiable][awaiting moderator]in section: Partnerships and Ecosystem
“A post on LinkedIn references an AFI launch of a $50M RWA-backed stablecoin vault, though details of this specific announcement could not be independently verified from primary sources.”
reviewerA LinkedIn post references a $50M RWA-backed stablecoin vault launch that could not be independently verified.The page already self-flags this claim as unverified; independent review did not turn up a primary source either, so the existing hedge is accurate and appropriate as written. - #19[unverifiable][awaiting moderator]in section: Protocol Overview and Products
“the afiUSD POR-USD vault had a stated $30 million TVL with a $150 million minting cap”
reviewerThe afiUSD POR-USD vault had a stated $30 million TVL with a $150 million minting cap as of mid-2026.Could not confirm or deny from the pages accessed; the specific sub-vault figures may exist on a page not reached during this review. - #20[unverifiable][awaiting moderator]in section: Protocol Overview and Products
“offering stated APYs between approximately 8% and 12%”
reviewerafiUSD offers stated APYs between approximately 8% and 12%, via a Pendle-based market-neutral strategy.Neither the official site content retrieved nor third-party aggregator data directly confirms an official 8-12% stated APY range; a single third-party APY data point (8.87%) is broadly consistent but not a direct match.citedafiprotocol.xyz/
partially supported
1 claimThe cited evidence supports part of the claim but not all of it.
- #17[partially supported][awaiting moderator]in section: Partnerships and Ecosystem
“AFI Protocol lists partnerships with a range of DeFi and RWA ecosystem participants, including Multipli (RWA issuer), Pendle (yield), Morpho (lending), Ethena, OpenEden, Midas, Euler, Merkl, QuickNode, Thirdweb, and Terminal.”
reviewerAFI Protocol lists partnerships including Multipli, Pendle, Morpho, Ethena, OpenEden, Midas, Euler, Merkl, QuickNode, Thirdweb, and Terminal.Roughly half the named partners were independently confirmed on the live site; the rest could not be confirmed or denied from the page(s) fetched, so this is marked partially supported rather than disputed.citedafiprotocol.xyz/
confirmed
16 claimsThe cited evidence supports the claim as written.
- #1[confirmed][no action needed]in section: Security Incident: $480K afiUSD Vault Exploit (May 2026)
“On May 30, 2026, AFI Protocol's afiUSD vault on Ethereum Mainnet was exploited for approximately $480,000.”
reviewerOn May 30, 2026, AFI Protocol's afiUSD vault was exploited for approximately $480,000.Both cited articles corroborate the date, vault, and dollar figure. - #2[confirmed][no action needed]in section: Security Incident: $480K afiUSD Vault Exploit (May 2026)
“Following the exploit, the attacker converted approximately $252,000 in DAI to ETH via on-chain swaps.”
reviewerThe attacker converted approximately $252,000 in DAI to ETH via on-chain swaps.Matches the cited source exactly. - #3[confirmed][no action needed]in section: Security Incident: $480K afiUSD Vault Exploit (May 2026)
“Approximately 150 ETH was subsequently transferred to Tornado Cash after the attacker first tested a secondary wallet with a small amount.”
reviewerApproximately 150 ETH was transferred to Tornado Cash after the attacker first tested a secondary wallet with a small amount.Supported by the CryptoTimes source; the second cited source is silent on this specific detail rather than contradicting it. - #4[confirmed][no action needed]in section: Security Incident: $480K afiUSD Vault Exploit (May 2026)
“The protocol engaged Quantstamp, Cantina, and SEAL 911 to assist in tracing and recovering stolen funds.”
reviewerThe protocol engaged Quantstamp, Cantina, and SEAL 911 to assist in tracing and recovering stolen funds, and flagged attacker addresses with exchanges via SEAL 911.Matches cited source. - #5[confirmed][no action needed]in section: Security Incident: $480K afiUSD Vault Exploit (May 2026)
“AFI stated that remaining vaults and core systems showed no evidence of further compromise, and that over $225 million in total value locked was unaffected.”
reviewerOver $225 million in TVL was unaffected and a public bounty program was launched.Figure is corroborated by a secondary check against DeFiLlama's historical TVL for the protocol. - #6[confirmed][no action needed]in section: Smart Contract Audits
“Cantina audited the afiUSD contracts in August 2025 and identified one critical issue along with several medium and low-severity issues; the protocol states all findings were remediated and verified by auditors.”
reviewerCantina audited afiUSD contracts in August 2025, finding one critical issue plus medium/low issues, reported remediated.Matches cited documentation; also consistent with the corresponding timeline entry. - #7[confirmed][no action needed]in section: Smart Contract Audits
“Quantstamp audited the POR vault contracts in December 2025 and identified one high-severity and one medium-severity issue; the protocol states both were addressed and verified.”
reviewerQuantstamp audited the POR vault contracts in December 2025, finding one high and one medium issue, reported remediated.Matches cited documentation. - #8[confirmed][no action needed]in section: Smart Contract Audits
“An additional independent review of afiUSD contracts was conducted in August 2025 by two researchers (zuhaibmohd and 0xWeb3boy), identifying low-severity issues that were subsequently addressed.”
reviewerIndependent researchers zuhaibmohd and 0xWeb3boy conducted an additional review of afiUSD in August 2025, finding low-severity issues subsequently addressed.Matches cited documentation and the timeline entry. - #9[confirmed][no action needed]in section: Smart Contract Audits
“The protocol also operates a bug bounty program covering medium and high severity vulnerabilities, with contact at security@afiprotocol.xyz.”
reviewerThe bug bounty program covers medium and high severity vulnerabilities, contact security@afiprotocol.xyz.Core claim confirmed; the minor .xyz/.ai domain inconsistency is AFI's own documentation issue, not a page error. - #10[confirmed][no action needed]in section: Team and Transparency
“AFI Protocol does not publicly identify its founding team members or executive leadership on its official website or documentation as of June 2026.”
reviewerAFI Protocol does not publicly identify its founding team or executive leadership.Confirmed by direct inspection of both the live site and docs. - #11[confirmed][no action needed]in section: Team and Transparency
“Its GitHub organization is listed as Artificial-Financial-Intelligence.”
reviewerAFI Protocol's GitHub organization is listed as Artificial-Financial-Intelligence.Confirmed live. - #12[confirmed][no action needed]in section: Team and Transparency
“KYC is required for jurisdiction-sensitive features and is handled through third-party providers including Sumsub, Veriff, or Jumio.”
reviewerKYC is required for jurisdiction-sensitive features and handled through Sumsub, Veriff, or Jumio.Matches cited documentation precisely. - #13[confirmed][no action needed]in section: Regulatory Status
“No SEC enforcement actions, CFTC complaints, OFAC designations, or Department of Justice proceedings involving AFI Protocol were identified in public records as of June 2026.”
reviewerNo SEC, CFTC, OFAC, or DOJ actions involving AFI Protocol were identified in public records as of June 2026.A negative/absence claim, appropriately hedged ('as of June 2026', 'identified in public records'); independent search found nothing to contradict it. - #14[confirmed][no action needed]in section: Partnerships and Ecosystem
“which had reportedly raised $21.5 million”
reviewerMultipli had reportedly raised $21.5 million.Matches cited source. - #21[confirmed][no action needed]in section: Protocol Overview and Products
“a zero-knowledge-based private verification network built on Symbiotic for continuous reserve attestation”
reviewerAFI operates a zero-knowledge-based private verification network built on Symbiotic for continuous reserve attestation.The exact official pages cited did not surface this detail on the pages fetched, but an independent third-party description corroborates it, so this is treated as confirmed.citedafiprotocol.xyz/ - #22[confirmed][no action needed]in section: Partnerships and Ecosystem
“The protocol is tracked on DefiLlama under its RWA dashboard.”
reviewerThe protocol is tracked on DefiLlama under its RWA dashboard.Substance of the claim is confirmed via independent search; the exact-casing question on the cited URL could not be resolved with the tools available and is flagged in coverage_gaps rather than disputed outright.
How this fits together. The reviewer reads the published page and its cited sources and records one finding per claim. A human moderator decides whether each proposed correction is applied; those decisions, and the score changes they cause, appear in the audit log. Earlier review runs are not shown here; only the latest reflects the page as it stands.