Agave
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 52 → 50. Problems weighed by who is responsible: incidents the subject suffered −12.8, concerns that are not fraud −3.2, problems around the subject, caused by others −0.8; legitimacy credit long-running +6; no longer operating, so capped at 50; fact-check adjustments (+34) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -3.2 |
| Incidents it suffered (e.g. hacks) | -12.8 |
| Problems around it, caused by others | -0.8 |
| Long-running | +6 |
| Sum | 54 |
- No longer operating, so capped at 50.
Score: 50/100 (kept between 0 and 100)
How scoring works →Summary
Agave was a decentralized lending protocol on Gnosis Chain forked from Aave v2, developed by members of the 1Hive community. On March 15, 2022, the protocol suffered a reentrancy exploit that drained approximately $5.5 million in user funds, part of a coordinated $11.7 million attack that simultaneously hit Hundred Finance. The protocol paused operations following the hack and formally closed down in March 2024 with no documented user compensation.
Connected Entities
3 entities · 60 linked investigations- Hundred Finance→mentioned with→Agave(70%)
- Agave→mentioned with→Chainlink(60%)
- Agave→mentioned with→Hundred Finance(80%)
Connected Through
3 shared actors · 79 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- □Chainlinkorganization
- ⌂Hundred Financeprotocol
- □Agaveorganization
Timeline(6 events)
2021
Agave protocol launched on xDAI (Gnosis Chain) by the 1Hive community as a fork of Aave v2
15 March 2022
Reentrancy exploit drains approximately $5.5 million from Agave and $6.2 million from Hundred Finance simultaneously; total losses $11.7 million. Attacker address: 0x0a16a85be44627c10cee75db06b169c7bc76de2c
15 March 2022
Agave pauses all contracts and announces investigation via Twitter
15 March 2022
Stolen funds transferred to Tornado Cash within hours of exploit; approximately 4,479 ETH laundered in total across both protocols
15 March 2022
AGVE token price drops more than 20% following public disclosure of exploit
25 March 2024
Agave DAO formally announces closure; redemption portal opened at agavefinance.eth.limo/redeem/ for AGVE token holders
Decision Log
- slot 457511969 · hash 235TcKSfizjjyENcbjrDmvUjXCaAiJJmLXLRo2ATnfuH
- slot 455370685 · hash 2tbyNDVGP8xZFxZYmKD71RjJqHHW4GL2EHMKriwve8V3
- slot 426687963 · hash 6ifAyZEugtFTtfDobrmVGT9G4zhPQg63Gy6AK6wApRJG
- slot 426687961 · hash 5n3u9ioPp2myCYB9qXVcM5Eo1SfW5Y5C8QMcjYkdo15x
- slot 422748317 · hash BxBhVo5ejuqZgWfNo2Mh8bFuWPgxocGYkBGVfGi7b4bV
This investigation is cryptographically anchored to the Solana blockchain (5 decisions). 11 of 13 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:50 AM
last updated: 10/10/2026, 6:50:32 PM
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