Audit log

Every state-changing event for Impermax V3: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

1. #1publishby system:backfill

   2026-05-30 04:05:55Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 423,080,249

   sig

   2tDXkSEKestK…Q5LepVY3copyexplorer ↗

   hash

   5eY1yHi7iBT7…g1quV6xLcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (6330 B) ▸

   {"actor":"system:backfill","investigation_id":"47ca9be4-2495-459e-8f6a-07a4eb08f894","kind":"publish","page_slug":"impermax-v3","published_at":"2026-05-30T04:05:55.478Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Impermax V3","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.impermax.finance/","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/impermax-v3","type":"other","url":""},{"credibility":3,"name":"https://docs.impermax.finance/getting-started/code-audits","type":"other","url":""},{"credibility":3,"name":"https://impermax.medium.com/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://impermax.medium.com/impermax-v3-exploit-post-mortem-6b0818897b25","type":"other","url":""},{"credibility":3,"name":"https://www.quillaudits.com/blog/hack-analysis/how-impermax-v3-lost-300k-in-flashloan-attack","type":"other","url":""},{"credibility":3,"name":"https://blog.verichains.io/p/inside-the-impermax-v3-hack","type":"other","url":""},{"credibility":3,"name":"https://monoaudit.com/en/articles/impermax-v3","type":"other","url":""},{"credibility":3,"name":"https://quadrigainitiative.com/casestudy/impermaxfinancev3flashloanfeevaluationflawexploited.php","type":"other","url":""},{"credibility":3,"name":"https://incrypthos.com/security/lending-protocol-impermax-v3-drained-by-collateral-fee-valuation-flaw/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.nominis.io/insights/nominis-monthly-report-crypto-attacks-in-november-2025","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/impermax-v3","type":"other","url":""},{"credibility":3,"name":"https://x.com/ImpermaxFinance/status/1988636882977116667","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://impermax.medium.com/imx-incident-post-mortem-and-recovery-plan-aeecd4e457ce","type":"other","url":""},{"credibility":3,"name":"https://quadrigainitiative.com/cryptocurrencyhackscamfraudwiki/index.php?title=Impermax_Finance_Private_Key_Compromise_Token_Theft","type":"other","url":""},{"credibility":3,"name":"https://impermax.medium.com/imx-incident-refund-allocations-a873e5393cf3","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://docs.impermax.finance/getting-started/code-audits","type":"other","url":""},{"credibility":3,"name":"https://hackenproof.com/programs/impermax-finance-smart-contracts","type":"other","url":""},{"credibility":3,"name":"https://skynet.certik.com/projects/impermax","type":"other","url":""},{"credibility":3,"name":"https://github.com/Impermax-Finance/IMX/blob/main/audit/CertiK%20Audit%20Report%20for%20IMX.pdf","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://defillama.com/protocol/impermax-v3","type":"other","url":""},{"credibility":3,"name":"https://www.nominis.io/insights/nominis-monthly-report-crypto-attacks-in-november-2025","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://defillama.com/protocol/impermax-v3","type":"other","url":""},{"credibility":3,"name":"https://impermax.medium.com/impermax-v3-exploit-post-mortem-6b0818897b25","type":"other","url":""},{"credibility":3,"name":"https://www.impermax.finance/","type":"other","url":""}]}],"sources_used":[],"summary":"Impermax V3 is the third major iteration of Impermax Finance, a DeFi leveraged yield-farming and lending protocol that allows liquidity providers to use Uniswap V3 LP tokens as collateral. The protocol suffered two separate critical exploits in 2025 — a ~$300,000 flash-loan collateral valuation attack in April and a ~$380,000 liquidation logic exploit in November — both on the Base chain, resulting in cumulative losses exceeding $680,000 and leaving lenders with unresolved bad debt. These incidents follow a 2022 private key compromise affecting the IMX token, representing a recurring pattern of security failures across the protocol's history.","timeline":[{"date":"2020-12","event":"Impermax Finance whitepaper published, outlining leveraged yield farming using LP tokens as collateral.","source":""},{"date":"2021-04-29","event":"IMX token launched via airdrop to approximately 35,000 Uniswap V2 liquidity providers. 14 million tokens distributed at token generation event.","source":""},{"date":"2022-07-16","event":"Private key compromise of several Impermax team wallets. Approximately 9 million IMX tokens and protocol-owned liquidity stolen. Team frontran attacker by selling tokens. IMX migrated to IBEX via pre-incident snapshot distribution.","source":""},{"date":"2025-04","event":"BailSec and Guardian each complete Impermax V3 Core audits prior to launch.","source":""},{"date":"2025-04-26","event":"Flash-loan exploit on Impermax V3 exploiting uncollected Uniswap V3 fee valuation flaw. Approximately $300,000–$400,000 drained from Base and Arbitrum pools. Attacker address: 0xE3223f7E3343c2C8079f261D59ee1e513086C7C3.","source":""},{"date":"2025-04-28","event":"Impermax Finance publishes official post-mortem on Medium. Protocol stabilization measures announced. Lender reimbursement plan based on pre-exploit snapshot committed to, with timeline unspecified.","source":""},{"date":"2025-07","event":"Joint re-audit of updated Impermax V3 Core completed by Guardian, BailSec (Charles Wang), and Cantina (Riley Holtereus).","source":""},{"date":"2025-08","event":"Guardian completes audit of Aerodrome Slipstream integration with Impermax V3.","source":""},{"date":"2025-11-11","event":"Second critical exploit on Impermax V3: liquidation routing logic vulnerability in cbBTC lending vault on Base. Approximately 5.39 cbBTC (~$380,000) drained. Team disables vault connections and advises all users to withdraw funds.","source":""},{"date":"2026","event":"Protocol TVL declines to approximately $98,000. Annual fee and revenue activity reported at effectively zero. Lender reimbursement status for both 2025 exploits remains unconfirmed publicly.","source":""}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision 2b366882-2c36-414d-bb0c-c210d17dbea0copy