Rivus DAO
Last changed 2026-10-27 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 8 → 0. The page establishes that the subject is itself a scheme, so the score is 0. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -81 |
| Sum | -16 |
- The page establishes that the subject is itself a scheme, so the score is 0.
Score: 0/100 (kept between 0 and 100)
How scoring works →Summary
Rivus DAO was a Bittensor-focused liquid staking protocol on Ethereum that raised approximately $4.23 million in an April 2024 IDO before suffering a rugpull classified by DefiLlama as a Third-party Dev Backdoor Exploit on September 16, 2024. The incident effectively drained protocol TVL from its operational peak to under $2,500, and the RIVUS governance token lost more than 99.8% of its all-time high value. On-chain investigator ZachXBT has flagged this entity; the project attempted a relaunch in October 2024 but is currently listed as inactive with no trading activity.
Connected Entities
5 entities · 60 linked investigations- ZachXBT→mentioned with→Ethereum(70%)
- Rivus DAO→mentioned with→Poloniex(60%)
- Rivus DAO→mentioned with→Ethereum(70%)
- Rivus DAO→mentioned with→ZachXBT(70%)
- Rivus DAO→mentioned with→Bittensor(70%)
- Bittensor→mentioned with→ZachXBT(70%)
- Bittensor→mentioned with→Ethereum(60%)
- Poloniex→mentioned with→Ethereum(70%)
Timeline(6 events)
2 April 2024
RIVUS token IDO begins on Fjord Foundry LBP, raising ~$4.23M at ~$0.0426/token.
9 April 2024
RIVUS token officially launches on-chain.
12 April 2024
RIVUS reaches all-time high of ~$0.1049–$0.1284, implying ~$57M FDV.
16 September 2024
DefiLlama records rugpull via Third-party Dev Backdoor Exploit. TVL collapses to ~$2,207.
24 September 2024
Official Rivus DAO X account announces V2 relaunch planned for October 1, 2024.
28 April 2026
RIVUS stops trading on all CoinGecko-listed exchanges. Website returns 404.
Decision Log
- slot 461964507 · hash GQBTPXodDvRFPUqLDWU4XgqimwCs3Jgb35VdB2AHmdLd
- slot 422792458 · hash HDBezzumavKaR4kvn7dBozuQtKVyz1jypkBRUxrBBwK8
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 8 of 9 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-5
generated: 5/4/2026, 2:54:29 AM
last updated: 10/27/2026, 6:04:40 AM
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