Dego Finance
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 10 → 53. Problems weighed by who is responsible: incidents the subject suffered −9.6, concerns that are not fraud −3.2, problems around the subject, caused by others −0.8; legitimacy credit long-running +2. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -3.2 |
| Incidents it suffered (e.g. hacks) | -9.6 |
| Problems around it, caused by others | -0.8 |
| Long-running | +2 |
| Sum | 53 |
Score: 53/100 (kept between 0 and 100)
How scoring works →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
10 entities · 60 linked investigations- Ethereum→mentioned with→Bitcoin(60%)
- Dego Finance→mentioned with→Poloniex(65%)
- Monero→mentioned with→Binance(70%)
- Dego Finance→mentioned with→Uniswap(70%)
- Dego Finance→mentioned with→Ethereum(80%)
- Dego Finance→mentioned with→Bitcoin(60%)
- KuCoin→mentioned with→Uniswap(60%)
- KuCoin→mentioned with→Bitcoin(70%)
- Dego Finance→mentioned with→KuCoin(70%)
- Monero→mentioned with→Bitcoin(60%)
- + 15 more
Timeline(8 events)
September 2020
Dego Finance launches on Ethereum as an open-source NFT and DeFi aggregator protocol with an anonymous founding team.
2021
DEGO token reaches all-time high appreciation exceeding 400% during the 2021 bull market.
10 February 2022
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.
10 February 2022
Dego Finance contacts Binance, KuCoin, Gate.io, Poloniex, and PancakeSwap requesting suspension of DEGO deposits.
10 February 2022
PeckShield and Beosin independently publish on-chain analyses attributing the attack to a private key compromise. Attacker address 0x118203b0f2a3ef9e749d871c8fef5e5e55ef5c91 identified across all affected chains.
11 February 2022
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.
13 April 2022
Binance announces support for the Dego Finance DEGO contract swap. New ERC-20 and BEP-20 contract addresses deployed.
18 April 2022
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
- slot 455369747 · hash FUP4JEyAq96MTjKt8jYGGaugbsEjLVQoa9gtMMCTK59k
- slot 421077022 · hash v785NrgpzcNprfK4pyiqwgc9q6wDKtMbbbM3s7x5wz1
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 9 of 10 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:51 AM
last updated: 10/10/2026, 6:49:40 PM
5 viewsavoid.net — verified advice for a post-truth world