← Raga Finance1 decision on this page
Audit log
Every state-changing event for Raga Finance: 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.
- #1publishby system:backfill2026-05-29 17:14:35ZScore: ? → ? (no score change)anchoranchored
- chain
- ●mainnet-betaslot 422,981,669
- sig
TUfFkDWdwjPW…wqMEbRY9explorer ↗- hash
6LdmHF8JmUfZ…eCTfDD37sha256 → base58
verifying row…full verify ↗canonical bytes (5312 B) ▸
{"actor":"system:backfill","investigation_id":"a88cd708-45a4-42c4-a642-a8c07cad0d01","kind":"publish","page_slug":"raga-finance","published_at":"2026-05-29T17:14:35.454Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Raga Finance","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://docs.raga.finance/","type":"other","url":""},{"credibility":3,"name":"https://www.raga.finance/","type":"other","url":""},{"credibility":3,"name":"https://docs.raga.finance/technical-documentation/hyperliquid-vault","type":"other","url":""},{"credibility":3,"name":"https://medium.com/@office_39642/cross-chain-conversations-with-mayank-raj-simplifying-defi-exploring-raga-finances-innovations-d5a7c549573a","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.quillaudits.com/case-studies/quillaudits-secures-raga-finance","type":"other","url":""},{"credibility":3,"name":"https://www.quillaudits.com/leaderboard/raga-finance","type":"other","url":""},{"credibility":3,"name":"https://docs.raga.finance/technical-documentation/audits","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://t.me/s/investigations","type":"other","url":""},{"credibility":3,"name":"https://en.wikipedia.org/wiki/ZachXBT","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://docs.raga.finance/technical-documentation/hyperliquid-vault","type":"other","url":""},{"credibility":3,"name":"https://docs.raga.finance/strategies/predeposits","type":"other","url":""},{"credibility":3,"name":"https://docs.raga.finance/technical-documentation/auto-compounding-vaults-berachain","type":"other","url":""},{"credibility":3,"name":"https://app.galxe.com/quest/RagaFinance","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://ae.linkedin.com/in/mayank-raj","type":"other","url":""},{"credibility":3,"name":"https://medium.com/@office_39642/cross-chain-conversations-with-mayank-raj-simplifying-defi-exploring-raga-finances-innovations-d5a7c549573a","type":"other","url":""},{"credibility":3,"name":"https://icoanalytics.org/funds/raga-finance/","type":"other","url":""},{"credibility":3,"name":"https://cryptorank.io/funds/raga-finance/rounds","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.quillaudits.com/case-studies/quillaudits-secures-raga-finance","type":"other","url":""},{"credibility":3,"name":"https://docs.raga.finance/technical-documentation/audits","type":"other","url":""},{"credibility":3,"name":"https://www.quillaudits.com/leaderboard/raga-finance","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.raga.finance/","type":"other","url":""},{"credibility":3,"name":"https://docs.raga.finance/","type":"other","url":""}]}],"sources_used":[],"summary":"Raga Finance is a DeFi yield optimization protocol launched in 2024 and deployed on Berachain and Hyperliquid, offering automated cross-chain vaults for earning yield on ETH, BTC, and stablecoins. A pre-launch security audit by QuillAudits uncovered 16 smart contract vulnerabilities — including critical flaws enabling permanent loss of user funds, a non-functional emergency panic function, and an open-access vault address setter — constituting the protocol logic incident flagged for review. The protocol has been flagged by ZachXBT, and while the development team reportedly remediated all identified vulnerabilities, the severity and breadth of pre-launch flaws raise meaningful questions about engineering process and ongoing risk.","timeline":[{"date":"2023-09","event":"Raga Finance founded under the name Nexus Network by Mayank Raj and co-founders.","source":""},{"date":"2024-01","event":"Project rebrands from Nexus Network to Raga Finance and begins developing cross-chain yield vault product.","source":""},{"date":"2025-01-21","event":"Co-founder and CEO Mayank Raj participates in a public AMA discussing Raga Finance's cross-chain DeFi yield product and upcoming launch on Movement mainnet.","source":""},{"date":"2025-02","event":"Berachain mainnet launches. Raga Finance deploys vaults on Berachain including Infrared and BeraPaw auto-compounding strategies.","source":""},{"date":"2025-03","event":"Raga Finance opens USDC, USDT, DAI, and USDe vault deposits to users.","source":""},{"date":"2025-04","event":"Raga Finance makes a $1,000,000 seed investment in Bloctopus (formerly LZero), an infrastructure project, alongside Hivemind and the Ethereum Foundation.","source":""},{"date":"2025-06","event":"QuillAudits publishes a case study documenting the results of the Raga Finance Berachain smart contract audit, which identified 16 vulnerabilities including critical issues with fund safety, access control, and emergency logic. All findings are reported as resolved.","source":""},{"date":"2025-07","event":"Raga Finance Hyperliquid delta-neutral vault (rHYPE-DN) launches, deploying user funds in USDT0 on hyperEVM with short HYPE positions on HyperCore.","source":""}]},"v":1}Verify offline (run on your own machine)python -m src.verify_decision 68e119d9-bdb1-4ae3-9b80-8cf9d4afae83
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine —
python -m src.verify_decision <event_id>.