Odin.fun
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 10 → 36. Problems weighed by who is responsible: concerns that are not fraud −22, incidents the subject suffered −16, problems around the subject, caused by others −1.1; 1 section(s) set aside until a failed fact-check is resolved; fact-check adjustments (−12) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -22 |
| Incidents it suffered (e.g. hacks) | -16 |
| Problems around it, caused by others | -1.1 |
| Sum | 26 |
- 1 section set aside: the claims did not hold up in a fact-check, pending correction.
Score: 36/100 (kept between 0 and 100)
How scoring works →Summary
Odin.fun is a Bitcoin-native memecoin launchpad built on the Runes protocol, using the Internet Computer (ICP) blockchain as a settlement layer for fast, low-cost trading. The platform launched in early 2025 and attracted backing from the Taproot Wizards Ordinals project, but has suffered at least two confirmed security exploits — a $178,000 authentication vulnerability in April 2025 and a $7 million liquidity manipulation attack in August 2025 — with the latter draining user funds that the team has acknowledged it cannot fully repay from its own treasury.
Connected Entities
5 entities · 60 linked investigations- Odin.fun→mentioned with→Binance(70%)
- Odin.fun→mentioned with→Bitcoin(70%)
- Odin.fun→mentioned with→Solana(60%)
- Internet Computer→mentioned with→Solana(65%)
- Internet Computer→mentioned with→Bitcoin(70%)
- Odin.fun→mentioned with→Internet Computer(80%)
Timeline(7 events)
2025
Odin.fun launches as a Runes/BTC memecoin launchpad built on the Internet Computer's Valhalla application chain, founded by the Bioniq team.
Blockonomi14 March 2025
Taproot Wizards leads a strategic investment round in Odin.fun; financial terms are not disclosed. Platform reports $30M in trading volume and 20,000 users.
The Block14 April 2025
Odin.fun pauses all trading and withdrawals after attackers exploit a critical authentication vulnerability in the Sign-In With Bitcoin (SIWB) canister, allowing user impersonation. Estimated $178,000 in user funds stolen. Co-founder Bob Bodily's account is also allegedly compromised.
DFINITY Developer Forum15 April 2025
AstroX releases a patch for the SIWB vulnerability; Odin.fun deploys the patch and resumes operations.
DFINITY Developer Forum12 August 2025
Odin.fun suffers a $7 million liquidity manipulation exploit. Attackers deposit worthless Runes tokens (SATOSHI, ODINPEPE) alongside BTC into the AMM, conduct self-trades to inflate token prices, then withdraw disproportionately large BTC amounts. 58.2 BTC drained in under two hours. Trading and withdrawals halted immediately.
CoinDesk13 August 2025
Bob Bodily publicly acknowledges the treasury is insufficient to cover losses and issues an on-chain message calling on attackers to return funds. Platform engages U.S. law enforcement and Chinese regulators via OKX and Binance.
CoinCentral19 August 2025
Bodily posts update stating 'really good' progress: some stolen funds frozen at CEXs, external audit ongoing, no trading resumption date committed.
CryptopolitanDecision Log
- slot 455361241 · hash E8VXrcQeKDCdo6FEdbYjmkR2f56QuwDdLSnSfAShpKXi
- slot 445507210 · hash 9tP5QTmKUp7SH4r1imMkQd8j7FfXVQETvuJTEahCmGYh
- slot 424310056 · hash 21n4v8vLtLz1DPtNukL4PHpDvmajtXQ7HJXQ4vEv3g51
- slot 424310053 · hash 4iJ2WpsCtUSEFf1iyyLrSTSf4xjZNdprjuCfk82dUspm
- slot 423640331 · hash CfwPiVma6M5Xb5v57rraGebQEYzBXYpYJWmLSSnP8FfB
This investigation is cryptographically anchored to the Solana blockchain (5 decisions). 18 of 18 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 6/1/2026, 5:48:25 PM
last updated: 10/10/2026, 6:41:56 PM
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