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Hundred Finance

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anchored·4ktnJY…ZReb

Summary

Hundred Finance was a multi-chain DeFi lending protocol forked from Compound V2 that suffered at least two major security exploits totaling approximately $13.6 million in direct losses, alongside a related $11 million joint attack with Agave Finance on Gnosis Chain. The protocol was unable to recover stolen funds and shut down in August 2023 following a governance vote, with remaining treasury funds allocated toward partial victim compensation. Stolen funds remained unrecovered as of 2024, with the April 2023 attacker moving assets through decentralized exchanges more than a year after the exploit.

Connected Entities

14 entities · 60 linked investigations
Organizations
Agave52Polygon54Midas CapitalEthereumFantom (Sonic Labs)ArbitrumHarmony BridgeCompound V2Optimism
Protocols
Hundred FinanceUniswapCream FinanceCurve Finance
Tokens
Bitcoin
Relationships
  • Harmony Bridgementioned withBitcoin(75%)
  • Hundred Financementioned withUniswap(65%)
  • Hundred Financementioned withOptimism(80%)
  • Harmony Bridgementioned withEthereum(80%)
  • Hundred Financementioned withAgave(70%)
  • Hundred Financementioned withBitcoin(60%)
  • Hundred Financementioned withEthereum(70%)
  • Hundred Financementioned withPolygon(60%)
  • Ethereummentioned withBitcoin(60%)
  • Hundred Financementioned withArbitrum(60%)
  • + 27 more

Connected Through

13 shared actors · 598 investigations

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

Have evidence about Hundred Finance?

Timeline(7 events)

June 2021

Hundred Finance launched on Ethereum Kovan testnet, followed by mainnet deployment; positions itself as a Compound V2 fork supporting multiple chains.

CryptoCurrencyGuide

December 2021

Vote-escrow governance mechanism (mveHND) introduced, modeled on Curve Finance contracts.

Hundred Finance Docs

16 March 2022

Hundred Finance exploited on Gnosis Chain via reentrancy attack; approximately $6.2 million stolen. Simultaneous attack on Agave Finance drains additional $5.5 million. Combined losses: approximately $11.7 million. Stolen funds routed through Tornado Cash.

BeInCrypto / Vidma

15 April 2023

Hundred Finance exploited on Optimism via flash loan and exchange rate manipulation of empty hWBTC market; approximately $7.4 million stolen. Attacker address: 0x155da45d374a286d383839b1ef27567a15e67528.

Rekt News / CoinTelegraph

17 April 2023

Hundred Finance offers $500,000 public bounty for information on the attacker and issues on-chain ultimatum offering 10% reward (~$740,000) for return of 90% of funds within 24 hours. No response received.

Halborn / Decrypt

9 August 2023

HND token holders vote 99% in favor of shutting down the protocol. Treasury funds directed toward partial victim compensation. Project officially ceases lending operations.

Web3 Is Going Great / Hundred Finance Twitter

May 2024

April 2023 attacker begins moving stolen funds more than a year after the exploit, withdrawing approximately $800,000 in ETH and USDT from Curve Finance and converting assets via Uniswap. No funds returned to victims.

DL News / CoinTelegraph
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 17 of 19 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:50 AM

last updated: 9/11/2026, 10:33:16 AM

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