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Helius

avoid.net/helius→67/100·82% conf.
[✓ FACT-CHECKED]· reviewed 2 times · last review 4 Jun 2026

Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →

anchored·3xyn4v…DnnQ
last updated 2026-06-01

Summary

Helius (helius.dev) is a Toronto-founded, Solana-focused developer infrastructure company offering RPC nodes, enhanced APIs, webhooks, data streaming, and validator services. Founded in June 2022 by former Coinbase and AWS engineers, the company has raised $34.85 million across three rounds led by Founders Fund, Haun Ventures, and Foundation Capital, and operates as a key infrastructure layer for the Solana ecosystem. No regulatory actions or security breaches have been identified against Helius; the main risk signals are minor service reliability incidents and unresolved workplace conduct allegations against its CEO.

Connected Entities

9 entities · 60 linked investigations
Relationships
  • Helium (HNT)→mentioned with→Solana(80%)
  • Hivemapper→mentioned with→Solana(80%)
  • Crossmint→mentioned with→Coinbase(70%)
  • Crossmint→mentioned with→Solana(65%)
  • Hivemapper→mentioned with→Helium (HNT)(65%)
  • Helius→mentioned with→Helium (HNT)(60%)
  • Helius→mentioned with→Amazon Web Services(80%)
  • Helius→mentioned with→Jupiter Exchange(60%)
  • Helius→mentioned with→Solana(80%)
  • Helius→mentioned with→Crossmint(60%)
  • + 6 more
Have evidence about Helius?

Timeline(11 events)

June 2022

Helius founded by Mert Mumtaz, Liam Vovk, and Nicolas Pennie after Mumtaz left Coinbase.

IQ.wiki / Decrypt

19 October 2022

Helius closes $3.1 million seed round co-led by Reciprocal Ventures and Chapter One.

Decrypt

21 February 2024

Helius closes $9.5 million Series A led by Foundation Capital, bringing total raised to ~$12.6M.

BusinessWire

May 2024

Helius launches its Solana validator and the hSOL liquid staking token.

Helius Blog

July 2024

Helius becomes Solana's leading validator by total stake within two months of launch.

Helius Blog

18 September 2024

Helius closes $21.75 million Series B co-led by Haun Ventures and Founders Fund, bringing total raised to $34.85M.

Unchained Crypto

30 January 2025

Former engineer Miles Smith publishes allegations against CEO Mert Mumtaz on X, including claims of workplace toxicity, IP misappropriation, and technical misrepresentation. Mumtaz publicly denies all allegations.

Crypto.news

18 June 2025

Helius launches LaserStream, a gRPC-based real-time data streaming product for Solana developers.

Helius Blog

15 September 2025

Unrelated company Helius Medical Technologies (NASDAQ: HSDT) raises $500M to create a Solana treasury, causing widespread name confusion with helius.dev.

CoinDesk

28 October 2025

Bitwise Solana Staking ETF (NYSE: BSOL) begins trading, exclusively powered by Helius validators.

Bitwise Investments

25 April 2026

Frankfurt node timeout incident on Gatekeeper Beta endpoint lasting approximately 26 minutes; auto-rerouted to Amsterdam.

IsDown
Provenance & Audit Trail

Decision Log

  • #5review approve-3Recorded on Solana ✓6/4/2026, 1:15:17 AM
    slot 424142216 · hash 6o7Fb5GF4cLqxfM6bgkkD2NPE5Qf2PURnGUoawJv79Ze
  • #4reviewRecorded on Solana ✓6/4/2026, 1:15:16 AM
    slot 424142212 · hash 7P2zMk9dkRa9jXmtuU8FHscauEXZcb4NPMXdPJyUPN1Y
  • #3review revise-8Recorded on Solana ✓6/1/2026, 5:45:17 PM
    slot 423639847 · hash H2kvmL1UNJESWotSp4TireaA4wTJJFLi62YdxUypyCCW
  • #2reviewRecorded on Solana ✓6/1/2026, 5:45:17 PM
    slot 423639843 · hash DeKq3Y43qHPSGNYohs9f4xEYxMhhqP5DvstyU4yvaGij
  • #1publishRecorded on Solana ✓6/1/2026, 1:01:17 PM
    slot 423596977 · hash BLbqK8jShCshm1q9DM8Fqhe9bWSw1Wjggh92MtnAsZjv

This investigation is cryptographically anchored to the Solana blockchain (5 decisions). 21 of 25 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 6/1/2026, 1:01:12 PM

last updated: 6/1/2026, 1:01:12 PM

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