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
1 entities · 10 linked investigations- + 2 more
Timeline(12 events)
2018-07-01
Amun AG incorporated in Zug, Switzerland by Hany Rashwan and Ophelia Snyder.
SIX Group press release2018-11-22
Amun lists the world's first crypto basket index ETP (HODL5) on the SIX Swiss Exchange.
SIX Group2020-03-03
Amun AG completes rebrand to 21Shares. All ETP tickers, ISINs, and WKNs remain unchanged.
GlobeNewswire2020-06-17
Amun launches leveraged tokens BTC3L, BTC3S, ETH3L, ETH3S on Ethereum via the Jasper platform.
GlobeNewswire2021-06-25
Amun launches DeFi Index Token (DFI) and DeFi Momentum Index (DMX) on Ethereum.
GlobeNewswire2021-10-21
Amun launches PECO (Polygon Ecosystem Index) token in collaboration with the Polygon Foundation.
Polygon Blog / GlobeNewswire2021-12-01
Amun and ARK Invest withdraw joint US Bitcoin futures ETF application due to SEC concerns.
InvestmentNews / Wealth Management2022-03-15
Amun disables minting for the DMX (DeFi Momentum Index) token following a community governance vote to sunset the product.
Decrypt2022-12-26
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%.
Coincu2023-01-01
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 / Coincu2023-02-08
DFI and PECO smart contracts frozen pending termination, effectively ending the Amun DeFi token product line.
Amun Medium2025-11-01
21Shares co-founder Ophelia Snyder departs the company following the acquisition of Amun Holdings by FalconX.
Pensions & Investments / ETF StreamDecision Log
- hash: 8MdfAJsuAcxkq71mZJUvXo5c3n7PvpJNkGjJz84RaHhC
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:45 AM
last updated: 5/30/2026, 12:21:26 PM
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