Audit log

Every state-changing event for Levana Perps: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions are designed to carry three independent witnesses — the original source, an Internet Archive snapshot, and a Solana memo signed by our publicly-disclosed publisher key. Archive coverage is still being backfilled, so each decision below reports its own snapshot status rather than assuming one exists.

1. #1publishby system:backfill

   2026-05-28 08:20:47Z
   Score: ? → ? (no score change)
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   ●mainnet-betaslot 422,682,748

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   5LVXftfoL8Kb…wCthf8zGcopyexplorer ↗

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   canonical bytes (10535 B) ▸

   {"actor":"system:backfill","investigation_id":"2b7bf4c3-bd49-4686-972d-166f46d25944","kind":"publish","page_slug":"levana-perps","published_at":"2026-05-28T08:20:47.909Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Levana Perps","sections":[{"content":"","heading":"Overview","severity":"low","sources":[{"credibility":2,"name":"Levana Finance Overview — Reflexivity Research","type":"research","url":"https://www.reflexivityresearch.com/free-reports/levana-finance-overview"},{"credibility":2,"name":"Levana Perps TVL — DefiLlama","type":"on_chain","url":"https://defillama.com/protocol/levana-perps"},{"credibility":2,"name":"Rujira and Levana — Rujira Docs","type":"official","url":"https://docs.rujira.network/understanding-rujira-history/rujira-and-levana"}]},{"content":"","heading":"December 2023 Oracle Manipulation Exploit","severity":"high","sources":[{"credibility":2,"name":"Levana Protocol — REKT News","type":"news_article","url":"https://rekt.news/levana-rekt"},{"credibility":2,"name":"Levana exploit postmortem — Levana Protocol Medium","type":"official","url":"https://blog.levana.finance/levana-exploit-postmortem-df89a72cc92b"},{"credibility":2,"name":"Levana Protocol exploited for over $1 million on Osmosis — The Block","type":"news_article","url":"https://www.theblock.co/post/269455/levana-protocol-exploited-osmosis"},{"credibility":2,"name":"Blockchain-based Levana Protocol exploited for $1 million+ — SiliconANGLE","type":"news_article","url":"https://siliconangle.com/2023/12/28/blockchain-based-levana-protocol-exploited-1-million-crypto-hack/"},{"credibility":2,"name":"Levana Protocol loses over $1.1 million in slow motion — Web3 Is Going Great","type":"news_article","url":"https://www.web3isgoinggreat.com/?id=levana-protocol-exploit"},{"credibility":2,"name":"Decentralized Exchange Built on Osmosis Hit With Oracle Attack — The Daily Hodl","type":"news_article","url":"https://dailyhodl.com/2023/12/29/decentralized-exchange-built-on-osmosis-hit-with-oracle-attack-hacked-for-1140000-worth-of-crypto/"}]},{"content":"","heading":"Security Audits","severity":"medium","sources":[{"credibility":2,"name":"Levana Perps Passes Security Audit by FYEO — Levana Protocol Medium","type":"official","url":"https://medium.com/levana-protocol/levana-perps-passes-security-audit-by-fyeo-a-comprehensive-summary-of-the-audit-report-fec50fa73c18"},{"credibility":2,"name":"PeckShield Security Audit Report for Levana","type":"research","url":"https://static.levana.finance/audit-reports/levana-perps-peckshield-v1.0.pdf"}]},{"content":"","heading":"LVN Token Performance and Sunset","severity":"medium","sources":[{"credibility":2,"name":"Levana Protocol price — CoinMarketCap","type":"other","url":"https://coinmarketcap.com/currencies/levana-protocol/"},{"credibility":2,"name":"Rujira and Levana — Rujira Docs","type":"official","url":"https://docs.rujira.network/understanding-rujira-history/rujira-and-levana"},{"credibility":2,"name":"MEXC Completes Levana (LVN) and Kujira Token Merger to Rujira","type":"news_article","url":"https://www.mexc.com/announcements/article/mexc-completes-levana-lvn-and-kujira-kuji-token-merger-to-rujira-ruji-17827791526285"},{"credibility":2,"name":"Understanding RUJI Token — Rujira Docs","type":"official","url":"https://docs.rujira.network/understanding-ruji-token"}]},{"content":"","heading":"Regulatory Status","severity":"low","sources":[{"credibility":2,"name":"Levana Protocol — CertiK Skynet","type":"research","url":"https://skynet.certik.com/projects/levana-protocol"}]},{"content":"","heading":"Current Protocol Status","severity":"low","sources":[{"credibility":2,"name":"Levana Perps TVL — DefiLlama","type":"on_chain","url":"https://defillama.com/protocol/levana-perps"},{"credibility":2,"name":"Rujira Pulse: THORChain's App Layer — Messari","type":"research","url":"https://messari.io/report/rujira-pulse-thorchain-s-app-layer"}]}],"sources_used":[{"credibility":2,"name":"Levana Protocol — REKT News","type":"news_article","url":"https://rekt.news/levana-rekt"},{"credibility":2,"name":"Levana exploit postmortem — Levana Protocol Medium","type":"official","url":"https://blog.levana.finance/levana-exploit-postmortem-df89a72cc92b"},{"credibility":2,"name":"Levana Protocol exploited for over $1 million on Osmosis — The Block","type":"news_article","url":"https://www.theblock.co/post/269455/levana-protocol-exploited-osmosis"},{"credibility":2,"name":"Blockchain-based Levana Protocol exploited for $1 million+ — SiliconANGLE","type":"news_article","url":"https://siliconangle.com/2023/12/28/blockchain-based-levana-protocol-exploited-1-million-crypto-hack/"},{"credibility":2,"name":"Levana Protocol loses over $1.1 million in slow motion — Web3 Is Going Great","type":"news_article","url":"https://www.web3isgoinggreat.com/?id=levana-protocol-exploit"},{"credibility":2,"name":"Levana Perps TVL — DefiLlama","type":"on_chain","url":"https://defillama.com/protocol/levana-perps"},{"credibility":2,"name":"Levana Finance Overview — Reflexivity Research","type":"research","url":"https://www.reflexivityresearch.com/free-reports/levana-finance-overview"},{"credibility":2,"name":"Levana Perps Passes Security Audit by FYEO — Levana Protocol Medium","type":"official","url":"https://medium.com/levana-protocol/levana-perps-passes-security-audit-by-fyeo-a-comprehensive-summary-of-the-audit-report-fec50fa73c18"},{"credibility":2,"name":"PeckShield Security Audit Report for Levana","type":"research","url":"https://static.levana.finance/audit-reports/levana-perps-peckshield-v1.0.pdf"},{"credibility":2,"name":"Rujira and Levana — Rujira Docs","type":"official","url":"https://docs.rujira.network/understanding-rujira-history/rujira-and-levana"},{"credibility":2,"name":"Understanding RUJI Token — Rujira Docs","type":"official","url":"https://docs.rujira.network/understanding-ruji-token"},{"credibility":2,"name":"MEXC Completes Levana (LVN) and Kujira Token Merger to Rujira","type":"news_article","url":"https://www.mexc.com/announcements/article/mexc-completes-levana-lvn-and-kujira-kuji-token-merger-to-rujira-ruji-17827791526285"},{"credibility":2,"name":"Decentralized Exchange Built on Osmosis Hit With Oracle Attack — The Daily Hodl","type":"news_article","url":"https://dailyhodl.com/2023/12/29/decentralized-exchange-built-on-osmosis-hit-with-oracle-attack-hacked-for-1140000-worth-of-crypto/"},{"credibility":2,"name":"Levana Protocol — CertiK Skynet","type":"research","url":"https://skynet.certik.com/projects/levana-protocol"},{"credibility":2,"name":"Rujira Pulse: THORChain's App Layer — Messari","type":"research","url":"https://messari.io/report/rujira-pulse-thorchain-s-app-layer"},{"credibility":2,"name":"Levana Protocol price — CoinMarketCap","type":"other","url":"https://coinmarketcap.com/currencies/levana-protocol/"}],"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.","timeline":[{"date":"2021-01-01","event":"Levana Protocol founded; originally developed on Terra blockchain.","source":"Reflexivity Research — Levana Finance Overview","source_url":"https://www.reflexivityresearch.com/free-reports/levana-finance-overview"},{"date":"2023-03-06","event":"FYEO Inc. begins security assessment of Levana Perps contracts.","source":"Levana Protocol Medium — FYEO Audit Summary","source_url":"https://medium.com/levana-protocol/levana-perps-passes-security-audit-by-fyeo-a-comprehensive-summary-of-the-audit-report-fec50fa73c18"},{"date":"2023-07-01","event":"Levana launches mainnet beta on Osmosis blockchain.","source":"Reflexivity Research — Levana Finance Overview","source_url":"https://www.reflexivityresearch.com/free-reports/levana-finance-overview"},{"date":"2023-12-13","event":"Oracle manipulation exploit begins on Osmosis; attacker starts draining Levana liquidity pools.","source":"REKT News — Levana Protocol","source_url":"https://rekt.news/levana-rekt"},{"date":"2023-12-17","event":"Concurrent DDoS attack on Levana backend infrastructure begins, hampering detection and response.","source":"SiliconANGLE — Levana Protocol exploited for $1 million+","source_url":"https://siliconangle.com/2023/12/28/blockchain-based-levana-protocol-exploited-1-million-crypto-hack/"},{"date":"2023-12-18","event":"LVN token launches on mainnet with 70 million tokens issued at genesis.","source":"CoinMarketCap — Levana Protocol","source_url":"https://coinmarketcap.com/currencies/levana-protocol/"},{"date":"2023-12-26","event":"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).","source":"Web3 Is Going Great — Levana Protocol exploit","source_url":"https://www.web3isgoinggreat.com/?id=levana-protocol-exploit"},{"date":"2023-12-28","event":"Levana publishes exploit postmortem. Announces LP compensation via LVN airdrop and protocol fee redistribution. Vulnerability patched.","source":"Levana Protocol Medium — Exploit Postmortem","source_url":"https://blog.levana.finance/levana-exploit-postmortem-df89a72cc92b"},{"date":"2025-04-05","event":"Levana Protocol announces strategic merger with Kujira into Rujira (RUJI); 12-month LVN-to-RUJI token migration window opens.","source":"Rujira Docs — Rujira and Levana","source_url":"https://docs.rujira.network/understanding-rujira-history/rujira-and-levana"},{"date":"2025-06-19","event":"Gate.io halts LVN trading following Levana's announcement of the token swap to RUJI.","source":"CoinMarketCap AI — Latest Levana Protocol News","source_url":"https://coinmarketcap.com/cmc-ai/levana-protocol/latest-updates/"},{"date":"2025-07-25","event":"RUJI Perps perpetual futures go live on the Rujira Network.","source":"Rujira Docs — Understanding RUJI Token","source_url":"https://docs.rujira.network/understanding-ruji-token"},{"date":"2026-04-05","event":"LVN-to-RUJI migration window closes; unconverted LVN tokens are no longer redeemable.","source":"Rujira Docs — Understanding RUJI Token","source_url":"https://docs.rujira.network/understanding-ruji-token"}]},"v":1}

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2. #2reviewby reviewerreviewer

   2026-08-26 11:21:56Z
   Score: 32 → 32 (no score change)
   The page's core narrative about the December 2023 Levana Perps exploit — the $1.14M loss figure, ~10% LP impact, 13-day oracle-manipulation attack vector on Osmosis, concurrent DDoS, and the 2025 Rujira/RUJI token migration timeline — is well corroborated by multiple independent sources and correctly attributes the exploit to oracle/chain-layer conditions rather than a Levana smart-contract bug. It also correctly reports LP compensation, avoiding the remediation-understatement pattern seen elsewhere. The main issues found are one dead citation (a CoinMarketCap AI page used for a specific Gate.io trading-halt claim), two claims that slightly conflate dates/timing, and — most significantly — a completely empty section body across all six sections that omits a material, well-documented 2026 development: Levana's exit from the Rujira Alliance and discontinuation of its isolated Perps product.
   anchoranchored

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   ●mainnet-betaslot 443,520,487

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   4Z7459KYdirP…H3GKuLKbcopyexplorer ↗

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   canonical bytes (1249 B) ▸

   {"actor":"reviewer","decided_at":"2026-08-26T11:21:56.432Z","decision":"review","investigation_id":"2b7bf4c3-bd49-4686-972d-166f46d25944","new_score":32,"page_slug":"levana-perps","prev_score":32,"reason":"The page's core narrative about the December 2023 Levana Perps exploit — the $1.14M loss figure, ~10% LP impact, 13-day oracle-manipulation attack vector on Osmosis, concurrent DDoS, and the 2025 Rujira/RUJI token migration timeline — is well corroborated by multiple independent sources and correctly attributes the exploit to oracle/chain-layer conditions rather than a Levana smart-contract bug. It also correctly reports LP compensation, avoiding the remediation-understatement pattern seen elsewhere. The main issues found are one dead citation (a CoinMarketCap AI page used for a specific Gate.io trading-halt claim), two claims that slightly conflate dates/timing, and — most significantly — a completely empty section body across all six sections that omits a material, well-documented 2026 development: Levana's exit from the Rujira Alliance and discontinuation of its isolated Perps product.","score_delta":0,"sequence_num":2,"submission_content_hash":null,"submission_id":null,"submission_kind":null,"submission_valence":null,"v":1}

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3. #3review reviseby judgejudge

   2026-08-26 11:21:56Z
   Score: 32 → 22 (-10)
   The page's core factual narrative about the December 2023 Levana Perps exploit — the $1.14 million loss, roughly 10% LP impact, 13-day oracle-manipulation attack on Osmosis, the concurrent DDoS, and the correct attribution of the attack to oracle/chain conditions rather than a Levana contract bug — is confirmed by multiple independent sources with zero disputed or unverifiable claims (claim_findings[0]-[4], [10]-[13]). However, the page is materially out of date: it presents the 2025 Rujira Alliance merger as an ongoing arrangement, but the review found Rujira's own documentation states Levana's alliance membership was not renewed and its isolated Perps product is being discontinued (claim_findings[5], coverage_gaps[1]) — a development entirely absent from the page. Separately, all six page sections have empty body text, leaving most of the entity's claim surface unreviewable (coverage_gaps[0]). One minor timeline claim about a Gate.io trading halt now rests on a dead citation with no independent corroboration (claim_findings[16]). None of these issues fall into the disputed-claims count, but the two high-priority coverage gaps are sufficient under review policy to require revision even when no claim is actively disputed.
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   ●mainnet-betaslot 443,520,491

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   canonical bytes (1595 B) ▸

   {"actor":"judge","decided_at":"2026-08-26T11:21:56.432Z","decision":"review_revise","investigation_id":"2b7bf4c3-bd49-4686-972d-166f46d25944","new_score":22,"page_slug":"levana-perps","prev_score":32,"reason":"The page's core factual narrative about the December 2023 Levana Perps exploit — the $1.14 million loss, roughly 10% LP impact, 13-day oracle-manipulation attack on Osmosis, the concurrent DDoS, and the correct attribution of the attack to oracle/chain conditions rather than a Levana contract bug — is confirmed by multiple independent sources with zero disputed or unverifiable claims (claim_findings[0]-[4], [10]-[13]). However, the page is materially out of date: it presents the 2025 Rujira Alliance merger as an ongoing arrangement, but the review found Rujira's own documentation states Levana's alliance membership was not renewed and its isolated Perps product is being discontinued (claim_findings[5], coverage_gaps[1]) — a development entirely absent from the page. Separately, all six page sections have empty body text, leaving most of the entity's claim surface unreviewable (coverage_gaps[0]). One minor timeline claim about a Gate.io trading halt now rests on a dead citation with no independent corroboration (claim_findings[16]). None of these issues fall into the disputed-claims count, but the two high-priority coverage gaps are sufficient under review policy to require revision even when no claim is actively disputed.","score_delta":-10,"sequence_num":3,"submission_content_hash":null,"submission_id":null,"submission_kind":null,"submission_valence":null,"v":1}

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4. #4reviewby reviewerreviewer

   2026-10-16 05:09:37Z
   Score: 22 → 22 (no score change)
   The page's central claim — a confirmed December 2023 oracle-manipulation exploit draining ~$1.14 million (~10% of LP funds) over 13 days — is thoroughly and consistently corroborated across five independent news outlets and Levana's own postmortem, down to the per-market loss breakdown and DDoS dates. The PeckShield audit claim was independently verified by reading the source PDF directly. However, two factual errors were found in the post-exploit/migration narrative: the Gate.io LVN trading halt is misdated by about a month (stated June 19, 2025; actually May 19-20, 2025 per Gate's own announcement), and the RUJI Perps launch date is misdated by roughly three weeks (stated July 25, 2025; actually ~July 1, 2025 per the official THORChain announcement). Both errors appear twice each (prose and timeline) and are grouped as defects for correction. The LVN all-time-high figure ($0.8947) is well supported by multiple independent price trackers but is not actually what the page's cited source (CoinMarketCap) shows, which is a citation-accuracy issue rather than a factual one. The FYEO audit details, the 78% LVN conversion rate, the exact current TVL figure, and the Tel Aviv operational-history claim could not be independently verified due to source access limits or absence of corroborating reporting, and are marked unverifiable rather than disputed.
   anchoranchored

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   ●mainnet-betaslot 457,515,471

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   4d9G47yZD8aU…1Ym9wvLVcopyexplorer ↗

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   canonical bytes (1961 B) ▸

   {"actor":"reviewer","artifact_identity":"9d21b0b36ea52131021b9a00d965c2b0","decided_at":"2026-10-16T05:09:37.363Z","decision":"review","disputed_pct":0.36,"findings_hash":"7st3fQ6hNu8GQpbEL2E57RuYqefrhGmXDFjLHND5Xxu9","investigation_id":"2b7bf4c3-bd49-4686-972d-166f46d25944","mode":"findings_only","new_score":22,"page_content_hash":"5dd4bb0b7e851d10f9e5ad32942714fa2dbf644ed0869ca5a87fc6464bf414d9","page_slug":"levana-perps","prev_score":22,"reason":"The page's central claim — a confirmed December 2023 oracle-manipulation exploit draining ~$1.14 million (~10% of LP funds) over 13 days — is thoroughly and consistently corroborated across five independent news outlets and Levana's own postmortem, down to the per-market loss breakdown and DDoS dates. The PeckShield audit claim was independently verified by reading the source PDF directly. However, two factual errors were found in the post-exploit/migration narrative: the Gate.io LVN trading halt is misdated by about a month (stated June 19, 2025; actually May 19-20, 2025 per Gate's own announcement), and the RUJI Perps launch date is misdated by roughly three weeks (stated July 25, 2025; actually ~July 1, 2025 per the official THORChain announcement). Both errors appear twice each (prose and timeline) and are grouped as defects for correction. The LVN all-time-high figure ($0.8947) is well supported by multiple independent price trackers but is not actually what the page's cited source (CoinMarketCap) shows, which is a citation-accuracy issue rather than a factual one. The FYEO audit details, the 78% LVN conversion rate, the exact current TVL figure, and the Tel Aviv operational-history claim could not be independently verified due to source access limits or absence of corroborating reporting, and are marked unverifiable rather than disputed.","score_delta":0,"sequence_num":4,"submission_content_hash":null,"submission_id":null,"submission_kind":null,"submission_valence":null,"v":1}

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