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Amun

avoid.net/amun→65/100·62% conf.
[AI-DRAFTED · AWAITING FACT-CHECK][src:defillama]

Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 38 → 65. Problems weighed by who is responsible: incidents the subject suffered −10, concerns that are not fraud −7.2, problems around the subject, caused by others −2.7; legitimacy credit long-running +10. Version history →

Why this score
Every page starts at65
Concerns that are not fraud-7.2
Incidents it suffered (e.g. hacks)-10
Problems around it, caused by others-2.7
Long-running+10
Sum55

Score: 65/100 (kept between 0 and 100)

How scoring works →
anchored·3hqTpE…VKFg
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Summary

Amun refers to two related but distinct entities: Amun AG, a Swiss ETP issuer that rebranded to 21Shares in 2020 and lists regulated crypto exchange-traded products on the SIX Swiss Exchange; and Amun Ltd / Amun DeFi Tokens, a separate DeFi arm that issued leveraged tokens and on-chain index products on Ethereum and Polygon. The DeFi arm experienced a critical smart contract exploit on December 26, 2022 resulting in approximately $300,000 in losses, followed by the termination of multiple product lines. On-chain investigator ZachXBT has been cited in connection with flagging Amun, though a specific, verifiable public post could not be independently confirmed at the time of this investigation.

Connected Entities

6 entities · 60 linked investigations
Organizations
□Polygon65□Ethereum□ZachXBT□Amun
Protocols
⌂Uniswap
Tokens
♦Bitcoin
Relationships
  • Ethereum→mentioned with→Bitcoin(60%)
  • ZachXBT→mentioned with→Ethereum(70%)
  • ZachXBT→mentioned with→Bitcoin(65%)
  • Amun→mentioned with→Bitcoin(70%)
  • Amun→mentioned with→Ethereum(70%)
  • Amun→mentioned with→ZachXBT(70%)
  • Amun→mentioned with→Uniswap(60%)
  • Amun→mentioned with→Polygon(80%)
  • Uniswap→mentioned with→Bitcoin(60%)
  • Uniswap→mentioned with→Ethereum(80%)
  • + 1 more
Also appears in
Curve Finance·64BNB Chain Bridge·51Polygon·65June 2026 Cross-Chain Bridge Exploit ($127M, Three Protocols)·8Gamma Strategies·62BtcTurk·52Andean Medjedovic·26Shibarium Bridge·42StakeDAO — vsdCRV Deployer Key Exploit (May 2026)·38JUDAO·6

Connected Through

5 shared actors · 578 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Amun?

Timeline(12 events)

July 2018

Amun AG incorporated in Zug, Switzerland by Hany Rashwan and Ophelia Snyder.

SIX Group press release

22 November 2018

Amun lists the world's first crypto basket index ETP (HODL5) on the SIX Swiss Exchange.

SIX Group

3 March 2020

Amun AG completes rebrand to 21Shares. All ETP tickers, ISINs, and WKNs remain unchanged.

GlobeNewswire

17 June 2020

Amun launches leveraged tokens BTC3L, BTC3S, ETH3L, ETH3S on Ethereum via the Jasper platform.

GlobeNewswire

25 June 2021

Amun launches DeFi Index Token (DFI) and DeFi Momentum Index (DMX) on Ethereum.

GlobeNewswire

21 October 2021

Amun launches PECO (Polygon Ecosystem Index) token in collaboration with the Polygon Foundation.

Polygon Blog / GlobeNewswire

December 2021

Amun and ARK Invest withdraw joint US Bitcoin futures ETF application due to SEC concerns.

InvestmentNews / Wealth Management

15 March 2022

Amun disables minting for the DMX (DeFi Momentum Index) token following a community governance vote to sunset the product.

Decrypt

26 December 2022

Amun's PECO and DFI tokens exploited via rebalance manager access control vulnerability. Attacker mints 80 billion fake tokens and drains DEX liquidity pools. Approximately $300,000 lost. PECO price drops 100%.

Coincu

2023

Amun publishes post-hack relief governance proposal to freeze and terminate DFI and PECO smart contracts, with freeze scheduled for February 8, 2023. Relief fund established based on pre-exploit token balances.

Amun Medium / Coincu

8 February 2023

DFI and PECO smart contracts frozen pending termination, effectively ending the Amun DeFi token product line.

Amun Medium

November 2025

21Shares co-founder Ophelia Snyder departs the company following the acquisition of Amun Holdings by FalconX.

Pensions & Investments / ETF Stream
Provenance & Audit Trail
Recorded on Solana ✓Verify on-chain13 Wayback Archivessrc:defillama

Decision Log

  • #2rescore+27Recorded on Solana ✓10/10/2026, 6:46:32 PM
    slot 455366353 · hash 9WJo2bHrcxm5X5yRGLu88e72siudafRAdC7dh4M18cvb
  • #1publishRecorded on Solana ✓5/30/2026, 12:21:26 PM
    slot 423155351 · hash 8MdfAJsuAcxkq71mZJUvXo5c3n7PvpJNkGjJz84RaHhC

This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 13 of 18 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:45 AM

last updated: 10/10/2026, 6:46:31 PM

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