Dego Finance
Summary
Dego Finance is a multi-chain NFT and DeFi aggregator protocol launched in September 2020 by an anonymous team. On February 10, 2022, an attacker compromised the team's deployer private keys and drained approximately $10 million from liquidity pools on Uniswap and PancakeSwap across Ethereum, Binance Smart Chain, and Cronos. No stolen funds were recovered; the project responded with a token migration but offered no direct restitution to affected liquidity providers.
Connected Entities
1 entitiesTimeline(8 events)
2020-09-01
Dego Finance launches on Ethereum as an open-source NFT and DeFi aggregator protocol with an anonymous founding team.
2021-01-01
DEGO token reaches all-time high appreciation exceeding 400% during the 2021 bull market.
2022-02-10
Attacker compromises team deployer private keys and drains approximately $10 million from DEGO liquidity pools on Uniswap (Ethereum), PancakeSwap (BSC), and Cronos. DEGO token drops approximately 20%. Partner project Cocos-BCX is simultaneously attacked; combined losses reach approximately $14.4 million.
2022-02-10
Dego Finance contacts Binance, KuCoin, Gate.io, Poloniex, and PancakeSwap requesting suspension of DEGO deposits.
2022-02-10
PeckShield and Beosin independently publish on-chain analyses attributing the attack to a private key compromise. Attacker address 0x118203b0f2a3ef9e749d871c8fef5e5e55ef5c91 identified across all affected chains.
2022-02-11
Dego Finance publishes a community post acknowledging the hack, stating the team is working with security experts and has received clues about the attacker's identity. No funds recovered.
2022-04-13
Binance announces support for the Dego Finance DEGO contract swap. New ERC-20 and BEP-20 contract addresses deployed.
2022-04-18
Binance completes the DEGO contract swap. Deposits and withdrawals reopen for new token contracts. Token migration snapshot block set at Ethereum block 14340334 and BSC block 15853612.
Decision Log
- hash: v785NrgpzcNprfK4pyiqwgc9q6wDKtMbbbM3s7x5wz1
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, 2:54:51 AM
last updated: 5/20/2026, 10:36:26 PM
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