← Tender Finance1 decision on this page
Audit log
Every state-changing event for Tender 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:backfill2026-05-28 16:12:49ZScore: ? → ? (no score change)anchoranchored
- chain
- ●mainnet-betaslot 422,754,261
- sig
4z22vpSdsTcm…sQj5tjNkexplorer ↗- hash
6a6hU28m3bnJ…wwo9GmN8sha256 → base58
verifying row…full verify ↗canonical bytes (7786 B) ▸
{"actor":"system:backfill","investigation_id":"6d01acda-4f82-4c2b-98f8-b25fa7e458d3","kind":"publish","page_slug":"tender-finance","published_at":"2026-05-28T16:12:49.235Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Tender Finance","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/business/2023/03/10/defi-protocol-tenderfi-hacker-returns-16m-following-chainlink-oracle-glitch","type":"other","url":""},{"credibility":3,"name":"https://cointelegraph.com/news/defi-lender-tender-fi-suffers-exploit-white-hat-hacker-suspected","type":"other","url":""},{"credibility":3,"name":"https://blog.solidityscan.com/tender-finance-hack-analysis-improper-oracle-price-calculation-408f424d8548","type":"other","url":""},{"credibility":3,"name":"https://smartcontractshacking.com/hacks/tender-finance-hack-2023","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/business/2023/03/10/defi-protocol-tenderfi-hacker-returns-16m-following-chainlink-oracle-glitch","type":"other","url":""},{"credibility":3,"name":"https://www.theblock.co/post/217823/tender-fi-hacker-returns-stolen-funds-gets-bounty-reward","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/hacker-returns-stolen-funds-defi-lending-tender-fi/","type":"other","url":""},{"credibility":3,"name":"https://www.bitdegree.org/crypto/news/white-hat-hacker-exploits-defi-lending-platform-tender-fi-for-1-59-million","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-Tender-v1.0.pdf","type":"other","url":""},{"credibility":3,"name":"https://blog.solidityscan.com/tender-finance-hack-analysis-improper-oracle-price-calculation-408f424d8548","type":"other","url":""},{"credibility":3,"name":"https://smartcontractshacking.com/hacks/tender-finance-hack-2023","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://gemachlend.medium.com/unlocking-value-gemach-lends-token-migration-and-bonus-overhaul-91ad0579dcfa","type":"other","url":""},{"credibility":3,"name":"https://forum.arbitrum.foundation/t/tender-finance-draft-stip-round-2/19042","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/tender-finance","type":"other","url":""},{"credibility":3,"name":"https://docs.gemach.io/gemach-dao/products/glend","type":"other","url":""},{"credibility":3,"name":"https://iq.wiki/wiki/glend-by-gemach-dao","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://defillama.com/protocol/tender-finance","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/tender-fi/","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/headlines/news/tender-fi-hacker-returns-stolen-funds-gets-bounty-reward/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[]}],"sources_used":[{"credibility":1,"name":"CoinDesk: DeFi Protocol Tender.fi Hacker Returns $1.6M Following Chainlink Oracle Glitch","type":"news_article","url":"https://www.coindesk.com/business/2023/03/10/defi-protocol-tenderfi-hacker-returns-16m-following-chainlink-oracle-glitch"},{"credibility":1,"name":"CoinTelegraph: DeFi lender Tender.fi suffers exploit, white hat hacker suspected","type":"news_article","url":"https://cointelegraph.com/news/defi-lender-tender-fi-suffers-exploit-white-hat-hacker-suspected"},{"credibility":1,"name":"The Block: Tender.fi hacker returns stolen funds, gets bounty reward","type":"news_article","url":"https://www.theblock.co/post/217823/tender-fi-hacker-returns-stolen-funds-gets-bounty-reward"},{"credibility":2,"name":"BeInCrypto: Hacker Returns Stolen Funds to DeFi Lending Platform Tender.fi","type":"news_article","url":"https://beincrypto.com/hacker-returns-stolen-funds-defi-lending-tender-fi/"},{"credibility":2,"name":"SolidityScan: Tender Finance Hack Analysis — Improper Oracle Price Calculation","type":"research","url":"https://blog.solidityscan.com/tender-finance-hack-analysis-improper-oracle-price-calculation-408f424d8548"},{"credibility":2,"name":"Smart Contract Hacking: Tender Finance Hack (2023)","type":"research","url":"https://smartcontractshacking.com/hacks/tender-finance-hack-2023"},{"credibility":2,"name":"DeFi Llama: Tender Finance TVL Stats & Charts","type":"on_chain","url":"https://defillama.com/protocol/tender-finance"},{"credibility":1,"name":"PeckShield Audit Report for Tender Finance","type":"research","url":"https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-Tender-v1.0.pdf"},{"credibility":2,"name":"Arbitrum Foundation: Tender Finance STIP Round 2 Application","type":"official","url":"https://forum.arbitrum.foundation/t/tender-finance-draft-stip-round-2/19042"},{"credibility":3,"name":"GLend Medium: Unlocking Value — Gemach Lend Token Migration","type":"other","url":"https://gemachlend.medium.com/unlocking-value-gemach-lends-token-migration-and-bonus-overhaul-91ad0579dcfa"},{"credibility":3,"name":"IQ.wiki: GLend by Gemach DAO","type":"other","url":"https://iq.wiki/wiki/glend-by-gemach-dao"},{"credibility":2,"name":"CoinMarketCap: Tender.fi (TND) Price","type":"other","url":"https://coinmarketcap.com/currencies/tender-fi/"},{"credibility":2,"name":"BitDegree: White Hat Hacker Exploits DeFi Lending Platform Tender.fi for $1.59M","type":"news_article","url":"https://www.bitdegree.org/crypto/news/white-hat-hacker-exploits-defi-lending-platform-tender-fi-for-1-59-million"}],"summary":"Tender Finance (tender.fi) was an Arbitrum-based decentralized lending and borrowing protocol that suffered a $1.59 million oracle misconfiguration exploit on March 7, 2023. A white hat hacker exploited a decimal precision error in the GMX price oracle, depositing one GMX token worth approximately $71 to borrow nearly $1.6 million in assets. The hacker returned funds in exchange for a $97,000 bounty, and the project subsequently rebranded to GLend under the Gemach DAO umbrella, migrating its TND token to GLEND and later to GMAC.","timeline":[{"date":"2022-01-01","event":"Tender Finance launches on Arbitrum as a decentralized lending and borrowing protocol focused on GMX and GLP collateral.","source":""},{"date":"2023-02-20","event":"TND token reaches its all-time high price of approximately $7.60.","source":""},{"date":"2023-03-07","event":"Oracle misconfiguration exploit: white hat hacker deposits 1 GMX token (~$71) and borrows $1.59 million due to a 38-decimal-place price error in the GMXPriceOracle contract. Tender Finance halts lending operations.","source":""},{"date":"2023-03-07","event":"Hacker leaves on-chain message: 'It looks like your oracle was misconfigured. Contact me to sort this out.' Protocol contacts hacker and negotiates fund return.","source":""},{"date":"2023-03-08","event":"White hat hacker returns all $1.59 million in funds to the protocol. Tender Finance confirms funds are safe and pays 62.16 ETH (~$97,000) bounty. CoinDesk and The Block report on the resolution.","source":""},{"date":"2023-10-01","event":"Tender Finance submits application for Arbitrum STIP Round 2 under the 'Gemach DAO' name.","source":""},{"date":"2023-10-19","event":"@Tender_fi announces token migration from TND to GLEND (Gemach Lend) on a 1:1 basis.","source":""},{"date":"2024-01-15","event":"GLend (formerly Tender Finance) announces further token migration from GLEND to GMAC as part of the Gemach DAO ecosystem expansion.","source":""}]},"v":1}Verify offline (run on your own machine)python -m src.verify_decision 66255090-b298-49ab-8915-136dd3a43343
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>.