Levana Perps

avoid.net/levana-perps→32/100·72% conf.

[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

32/100

[WARNING]72% conf.

Summary

Levana Perps is a decentralized perpetual-swap protocol originally deployed on Osmosis (Cosmos ecosystem) and later expanded to Sei and Injective. In December 2023, the protocol suffered a confirmed oracle-manipulation exploit spanning 13 days that drained approximately $1.14 million (roughly 10% of liquidity provider funds). The protocol subsequently underwent a strategic rebrand and token migration into the Rujira (RUJI) ecosystem in 2025, effectively sunsetting the standalone LVN token.

Connected Entities

1 entities · 10 linked investigations

Organizations

□Levana Perps

Relationships

+ 3 more

Also appears in

edgeX Exchange·28 Saga EVM Blockchain·32 Mach-O Man Malware Campaign (Lazarus / Chollima)·0 Gamma Strategies·28 Bunni Protocol·28 BitGrail·2 Trenton Johnston·0 Lulo·55 Thorchain DEX·28 Crossmint·70

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Timeline(12 events)

2021-01-01

Levana Protocol founded; originally developed on Terra blockchain.

Reflexivity Research — Levana Finance Overview

2023-03-06

FYEO Inc. begins security assessment of Levana Perps contracts.

Levana Protocol Medium — FYEO Audit Summary

2023-07-01

Levana launches mainnet beta on Osmosis blockchain.

Reflexivity Research — Levana Finance Overview

2023-12-13

Oracle manipulation exploit begins on Osmosis; attacker starts draining Levana liquidity pools.

REKT News — Levana Protocol

2023-12-17

Concurrent DDoS attack on Levana backend infrastructure begins, hampering detection and response.

SiliconANGLE — Levana Protocol exploited for $1 million+

2023-12-18

LVN token launches on mainnet with 70 million tokens issued at genesis.

CoinMarketCap — Levana Protocol

2023-12-26

Exploit becomes visible as network congestion amplifies losses. Levana halts new position openings. Total loss confirmed at approximately $1.14 million (10% of LP funds).

Web3 Is Going Great — Levana Protocol exploit

2023-12-28

Levana publishes exploit postmortem. Announces LP compensation via LVN airdrop and protocol fee redistribution. Vulnerability patched.

Levana Protocol Medium — Exploit Postmortem

2025-04-05

Levana Protocol announces strategic merger with Kujira into Rujira (RUJI); 12-month LVN-to-RUJI token migration window opens.

Rujira Docs — Rujira and Levana

2025-06-19

Gate.io halts LVN trading following Levana's announcement of the token swap to RUJI.

CoinMarketCap AI — Latest Levana Protocol News

2025-07-25

RUJI Perps perpetual futures go live on the Rujira Network.