Verify a decision
Every moderation decision on AVOID.NET is anchored to the Solana blockchain. You don't have to trust us — you can verify cryptographically that we committed to a verdict at a specific moment and have not rewritten it.
How verification works
- We commit. When a moderator accepts/rejects a submission, we serialize the decision into deterministic UTF-8 bytes (
payload_canonical_string), hash it with SHA-256, encode the digest as base58, and write it to Solana inside an SPL Memo v2 transaction. - We store the bytes. The exact bytes we hashed are stored alongside the decision in our database. Anyone can read them and recompute the hash in any language.
- You compare three values. Database hash, your independently-recomputed hash, and the hash inside the on-chain memo. If all three match, the decision is authentic and timestamped.
The on-chain memo format is
AVOID.NET|v1|h:<b58-sha256>|d:<id>|t:<iso>Find a signature on any investigation page's decision log, or run python -m src.verify_decision --signature <sig> for a CLI check.
Decision
publish · Levana Perps
- Sequence
- #1
- Score
- →
- Cluster
- mainnet-beta
- Slot
- 422682748
- Off-chain at
- 2026-05-28T08:20:47.950Z
- Anchored at
- —
- Block time
- —
Independent verification
- 1. Database (off-chain)
- 7TdEX2zyv9CtVTH5FUTUL2YeqDqoxWyZ5TBo6Rjavh9P
- 2. Recomputed (your browser)
- computing…
- 3. On-chain (Solana memo)
- fetching…
Canonical bytes hashed (10535 chars)
{"actor":"system:backfill","investigation_id":"2b7bf4c3-bd49-4686-972d-166f46d25944","kind":"publish","page_slug":"levana-perps","published_at":"2026-05-28T08:20:47.909Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Levana Perps","sections":[{"content":"","heading":"Overview","severity":"low","sources":[{"credibility":2,"name":"Levana Finance Overview — Reflexivity Research","type":"research","url":"https://www.reflexivityresearch.com/free-reports/levana-finance-overview"},{"credibility":2,"name":"Levana Perps TVL — DefiLlama","type":"on_chain","url":"https://defillama.com/protocol/levana-perps"},{"credibility":2,"name":"Rujira and Levana — Rujira Docs","type":"official","url":"https://docs.rujira.network/understanding-rujira-history/rujira-and-levana"}]},{"content":"","heading":"December 2023 Oracle Manipulation Exploit","severity":"high","sources":[{"credibility":2,"name":"Levana Protocol — REKT News","type":"news_article","url":"https://rekt.news/levana-rekt"},{"credibility":2,"name":"Levana exploit postmortem — Levana Protocol Medium","type":"official","url":"https://blog.levana.finance/levana-exploit-postmortem-df89a72cc92b"},{"credibility":2,"name":"Levana Protocol exploited for over $1 million on Osmosis — The Block","type":"news_article","url":"https://www.theblock.co/post/269455/levana-protocol-exploited-osmosis"},{"credibility":2,"name":"Blockchain-based Levana Protocol exploited for $1 million+ — SiliconANGLE","type":"news_article","url":"https://siliconangle.com/2023/12/28/blockchain-based-levana-protocol-exploited-1-million-crypto-hack/"},{"credibility":2,"name":"Levana Protocol loses over $1.1 million in slow motion — Web3 Is Going Great","type":"news_article","url":"https://www.web3isgoinggreat.com/?id=levana-protocol-exploit"},{"credibility":2,"name":"Decentralized Exchange Built on Osmosis Hit With Oracle Attack — The Daily Hodl","type":"news_article","url":"https://dailyhodl.com/2023/12/29/decentralized-exchange-built-on-osmosis-hit-with-oracle-attack-hacked-for-1140000-worth-of-crypto/"}]},{"content":"","heading":"Security Audits","severity":"medium","sources":[{"credibility":2,"name":"Levana Perps Passes Security Audit by FYEO — Levana Protocol Medium","type":"official","url":"https://medium.com/levana-protocol/levana-perps-passes-security-audit-by-fyeo-a-comprehensive-summary-of-the-audit-report-fec50fa73c18"},{"credibility":2,"name":"PeckShield Security Audit Report for Levana","type":"research","url":"https://static.levana.finance/audit-reports/levana-perps-peckshield-v1.0.pdf"}]},{"content":"","heading":"LVN Token Performance and Sunset","severity":"medium","sources":[{"credibility":2,"name":"Levana Protocol price — CoinMarketCap","type":"other","url":"https://coinmarketcap.com/currencies/levana-protocol/"},{"credibility":2,"name":"Rujira and Levana — Rujira Docs","type":"official","url":"https://docs.rujira.network/understanding-rujira-history/rujira-and-levana"},{"credibility":2,"name":"MEXC Completes Levana (LVN) and Kujira Token Merger to Rujira","type":"news_article","url":"https://www.mexc.com/announcements/article/mexc-completes-levana-lvn-and-kujira-kuji-token-merger-to-rujira-ruji-17827791526285"},{"credibility":2,"name":"Understanding RUJI Token — Rujira Docs","type":"official","url":"https://docs.rujira.network/understanding-ruji-token"}]},{"content":"","heading":"Regulatory Status","severity":"low","sources":[{"credibility":2,"name":"Levana Protocol — CertiK Skynet","type":"research","url":"https://skynet.certik.com/projects/levana-protocol"}]},{"content":"","heading":"Current Protocol Status","severity":"low","sources":[{"credibility":2,"name":"Levana Perps TVL — DefiLlama","type":"on_chain","url":"https://defillama.com/protocol/levana-perps"},{"credibility":2,"name":"Rujira Pulse: THORChain's App Layer — Messari","type":"research","url":"https://messari.io/report/rujira-pulse-thorchain-s-app-layer"}]}],"sources_used":[{"credibility":2,"name":"Levana Protocol — REKT News","type":"news_article","url":"https://rekt.news/levana-rekt"},{"credibility":2,"name":"Levana exploit postmortem — Levana Protocol Medium","type":"official","url":"https://blog.levana.finance/levana-exploit-postmortem-df89a72cc92b"},{"credibility":2,"name":"Levana Protocol exploited for over $1 million on Osmosis — The Block","type":"news_article","url":"https://www.theblock.co/post/269455/levana-protocol-exploited-osmosis"},{"credibility":2,"name":"Blockchain-based Levana Protocol exploited for $1 million+ — SiliconANGLE","type":"news_article","url":"https://siliconangle.com/2023/12/28/blockchain-based-levana-protocol-exploited-1-million-crypto-hack/"},{"credibility":2,"name":"Levana Protocol loses over $1.1 million in slow motion — Web3 Is Going Great","type":"news_article","url":"https://www.web3isgoinggreat.com/?id=levana-protocol-exploit"},{"credibility":2,"name":"Levana Perps TVL — DefiLlama","type":"on_chain","url":"https://defillama.com/protocol/levana-perps"},{"credibility":2,"name":"Levana Finance Overview — Reflexivity Research","type":"research","url":"https://www.reflexivityresearch.com/free-reports/levana-finance-overview"},{"credibility":2,"name":"Levana Perps Passes Security Audit by FYEO — Levana Protocol Medium","type":"official","url":"https://medium.com/levana-protocol/levana-perps-passes-security-audit-by-fyeo-a-comprehensive-summary-of-the-audit-report-fec50fa73c18"},{"credibility":2,"name":"PeckShield Security Audit Report for Levana","type":"research","url":"https://static.levana.finance/audit-reports/levana-perps-peckshield-v1.0.pdf"},{"credibility":2,"name":"Rujira and Levana — Rujira Docs","type":"official","url":"https://docs.rujira.network/understanding-rujira-history/rujira-and-levana"},{"credibility":2,"name":"Understanding RUJI Token — Rujira Docs","type":"official","url":"https://docs.rujira.network/understanding-ruji-token"},{"credibility":2,"name":"MEXC Completes Levana (LVN) and Kujira Token Merger to Rujira","type":"news_article","url":"https://www.mexc.com/announcements/article/mexc-completes-levana-lvn-and-kujira-kuji-token-merger-to-rujira-ruji-17827791526285"},{"credibility":2,"name":"Decentralized Exchange Built on Osmosis Hit With Oracle Attack — The Daily Hodl","type":"news_article","url":"https://dailyhodl.com/2023/12/29/decentralized-exchange-built-on-osmosis-hit-with-oracle-attack-hacked-for-1140000-worth-of-crypto/"},{"credibility":2,"name":"Levana Protocol — CertiK Skynet","type":"research","url":"https://skynet.certik.com/projects/levana-protocol"},{"credibility":2,"name":"Rujira Pulse: THORChain's App Layer — Messari","type":"research","url":"https://messari.io/report/rujira-pulse-thorchain-s-app-layer"},{"credibility":2,"name":"Levana Protocol price — CoinMarketCap","type":"other","url":"https://coinmarketcap.com/currencies/levana-protocol/"}],"summary":"Levana Perps is a decentralized perpetual-swap protocol originally deployed on Osmosis (Cosmos ecosystem) and later expanded to Sei and Injective. In December 2023, the protocol suffered a confirmed oracle-manipulation exploit spanning 13 days that drained approximately $1.14 million (roughly 10% of liquidity provider funds). The protocol subsequently underwent a strategic rebrand and token migration into the Rujira (RUJI) ecosystem in 2025, effectively sunsetting the standalone LVN token.","timeline":[{"date":"2021-01-01","event":"Levana Protocol founded; originally developed on Terra blockchain.","source":"Reflexivity Research — Levana Finance Overview","source_url":"https://www.reflexivityresearch.com/free-reports/levana-finance-overview"},{"date":"2023-03-06","event":"FYEO Inc. begins security assessment of Levana Perps contracts.","source":"Levana Protocol Medium — FYEO Audit Summary","source_url":"https://medium.com/levana-protocol/levana-perps-passes-security-audit-by-fyeo-a-comprehensive-summary-of-the-audit-report-fec50fa73c18"},{"date":"2023-07-01","event":"Levana launches mainnet beta on Osmosis blockchain.","source":"Reflexivity Research — Levana Finance Overview","source_url":"https://www.reflexivityresearch.com/free-reports/levana-finance-overview"},{"date":"2023-12-13","event":"Oracle manipulation exploit begins on Osmosis; attacker starts draining Levana liquidity pools.","source":"REKT News — Levana Protocol","source_url":"https://rekt.news/levana-rekt"},{"date":"2023-12-17","event":"Concurrent DDoS attack on Levana backend infrastructure begins, hampering detection and response.","source":"SiliconANGLE — Levana Protocol exploited for $1 million+","source_url":"https://siliconangle.com/2023/12/28/blockchain-based-levana-protocol-exploited-1-million-crypto-hack/"},{"date":"2023-12-18","event":"LVN token launches on mainnet with 70 million tokens issued at genesis.","source":"CoinMarketCap — Levana Protocol","source_url":"https://coinmarketcap.com/currencies/levana-protocol/"},{"date":"2023-12-26","event":"Exploit becomes visible as network congestion amplifies losses. Levana halts new position openings. Total loss confirmed at approximately $1.14 million (10% of LP funds).","source":"Web3 Is Going Great — Levana Protocol exploit","source_url":"https://www.web3isgoinggreat.com/?id=levana-protocol-exploit"},{"date":"2023-12-28","event":"Levana publishes exploit postmortem. Announces LP compensation via LVN airdrop and protocol fee redistribution. Vulnerability patched.","source":"Levana Protocol Medium — Exploit Postmortem","source_url":"https://blog.levana.finance/levana-exploit-postmortem-df89a72cc92b"},{"date":"2025-04-05","event":"Levana Protocol announces strategic merger with Kujira into Rujira (RUJI); 12-month LVN-to-RUJI token migration window opens.","source":"Rujira Docs — Rujira and Levana","source_url":"https://docs.rujira.network/understanding-rujira-history/rujira-and-levana"},{"date":"2025-06-19","event":"Gate.io halts LVN trading following Levana's announcement of the token swap to RUJI.","source":"CoinMarketCap AI — Latest Levana Protocol News","source_url":"https://coinmarketcap.com/cmc-ai/levana-protocol/latest-updates/"},{"date":"2025-07-25","event":"RUJI Perps perpetual futures go live on the Rujira Network.","source":"Rujira Docs — Understanding RUJI Token","source_url":"https://docs.rujira.network/understanding-ruji-token"},{"date":"2026-04-05","event":"LVN-to-RUJI migration window closes; unconverted LVN tokens are no longer redeemable.","source":"Rujira Docs — Understanding RUJI Token","source_url":"https://docs.rujira.network/understanding-ruji-token"}]},"v":1}