Verify a decision

{"actor":"system:backfill","investigation_id":"af09701f-259c-4f20-9652-cbb81aeffcb5","kind":"publish","page_slug":"hundred-finance","published_at":"2026-05-28T17:31:37.463Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Hundred Finance","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.cryptocurrencyguide.org/what-is-compound-fork-hundred-finance-and-can-it-regain-momentum/","type":"other","url":""},{"credibility":3,"name":"https://hundred.finance","type":"other","url":""},{"credibility":3,"name":"https://docs.hundred.finance/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://beincrypto.com/hundred-finance-loses-6-5-million-in-defi-reentrancy-attack/","type":"other","url":""},{"credibility":3,"name":"https://www.vidma.io/blog/the-agave-and-hundred-finance-hack-a-11-7m-reentrancy-exploit","type":"other","url":""},{"credibility":3,"name":"https://www.sharkteam.org/report/analysis/20220317001A_en.pdf","type":"other","url":""},{"credibility":3,"name":"https://medium.com/immunefi/a-poc-of-the-hundred-finance-heist-4121f23a098","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/hundred-rekt2","type":"other","url":""},{"credibility":3,"name":"https://www.halborn.com/blog/post/explained-the-hundred-finance-hack-april-2023","type":"other","url":""},{"credibility":3,"name":"https://cointelegraph.com/news/hundred-finance-loses-7-million-in-optimism-hack","type":"other","url":""},{"credibility":3,"name":"https://blockapex.io/hundred-finance-hack-analysis/","type":"other","url":""},{"credibility":3,"name":"https://www.numencyber.com/hundred-finance-exploit-7-million/","type":"other","url":""},{"credibility":3,"name":"https://blocksec.com/blog/6-hundred-finance-incident-catalyzing-the-wave-of-precision-related-exploits-in-vulnerable-forked-protocols","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.web3isgoinggreat.com/single/hundred-finance-shuts-down","type":"other","url":""},{"credibility":3,"name":"https://x.com/HundredFinance/status/1689358397898887168","type":"other","url":""},{"credibility":3,"name":"https://decrypt.co/136918/hacker-exploits-hundred-finance-protocol-in-7-4-million-heist","type":"other","url":""},{"credibility":3,"name":"https://www.halborn.com/blog/post/explained-the-hundred-finance-hack-april-2023","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.dlnews.com/articles/defi/hundred-finance-hacker-moves-crypto-from-curve-finance/","type":"other","url":""},{"credibility":3,"name":"https://cointelegraph.com/news/hundred-finance-hacker-moves-assets-year-after-exploit","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://blocksec.com/blog/6-hundred-finance-incident-catalyzing-the-wave-of-precision-related-exploits-in-vulnerable-forked-protocols","type":"other","url":""},{"credibility":3,"name":"https://www.vidma.io/blog/the-agave-and-hundred-finance-hack-a-11-7m-reentrancy-exploit","type":"other","url":""},{"credibility":3,"name":"https://medium.com/immunefi/a-poc-of-the-hundred-finance-heist-4121f23a098","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.web3isgoinggreat.com/single/hundred-finance-shuts-down","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/hundred-finance/","type":"other","url":""},{"credibility":3,"name":"https://x.com/HundredFinance/status/1689358397898887168","type":"other","url":""}]}],"sources_used":[],"summary":"Hundred Finance was a multi-chain DeFi lending protocol forked from Compound V2 that suffered at least two major security exploits totaling approximately $13.6 million in direct losses, alongside a related $11 million joint attack with Agave Finance on Gnosis Chain. The protocol was unable to recover stolen funds and shut down in August 2023 following a governance vote, with remaining treasury funds allocated toward partial victim compensation. Stolen funds remained unrecovered as of 2024, with the April 2023 attacker moving assets through decentralized exchanges more than a year after the exploit.","timeline":[{"date":"2021-06-01","event":"Hundred Finance launched on Ethereum Kovan testnet, followed by mainnet deployment; positions itself as a Compound V2 fork supporting multiple chains.","source":"CryptoCurrencyGuide","source_url":"https://www.cryptocurrencyguide.org/what-is-compound-fork-hundred-finance-and-can-it-regain-momentum/"},{"date":"2021-12-01","event":"Vote-escrow governance mechanism (mveHND) introduced, modeled on Curve Finance contracts.","source":"Hundred Finance Docs","source_url":"https://hundred.finance/docs-sub/protocol-management/the-hnd-and-mvehnd-tokens"},{"date":"2022-03-16","event":"Hundred Finance exploited on Gnosis Chain via reentrancy attack; approximately $6.2 million stolen. Simultaneous attack on Agave Finance drains additional $5.5 million. Combined losses: approximately $11.7 million. Stolen funds routed through Tornado Cash.","source":"BeInCrypto / Vidma","source_url":"https://beincrypto.com/hundred-finance-loses-6-5-million-in-defi-reentrancy-attack/"},{"date":"2023-04-15","event":"Hundred Finance exploited on Optimism via flash loan and exchange rate manipulation of empty hWBTC market; approximately $7.4 million stolen. Attacker address: 0x155da45d374a286d383839b1ef27567a15e67528.","source":"Rekt News / CoinTelegraph","source_url":"https://rekt.news/hundred-rekt2"},{"date":"2023-04-17","event":"Hundred Finance offers $500,000 public bounty for information on the attacker and issues on-chain ultimatum offering 10% reward (~$740,000) for return of 90% of funds within 24 hours. No response received.","source":"Halborn / Decrypt","source_url":"https://www.halborn.com/blog/post/explained-the-hundred-finance-hack-april-2023"},{"date":"2023-08-09","event":"HND token holders vote 99% in favor of shutting down the protocol. Treasury funds directed toward partial victim compensation. Project officially ceases lending operations.","source":"Web3 Is Going Great / Hundred Finance Twitter","source_url":"https://www.web3isgoinggreat.com/single/hundred-finance-shuts-down"},{"date":"2024-05-01","event":"April 2023 attacker begins moving stolen funds more than a year after the exploit, withdrawing approximately $800,000 in ETH and USDT from Curve Finance and converting assets via Uniswap. No funds returned to victims.","source":"DL News / CoinTelegraph","source_url":"https://www.dlnews.com/articles/defi/hundred-finance-hacker-moves-crypto-from-curve-finance/"}]},"v":1}