Verify a decision

{"actor":"system:backfill","investigation_id":"bf7cd9dc-f8da-4e68-b7c5-87ea67ecc13c","kind":"publish","page_slug":"yo-protocol","published_at":"2026-05-27T19:45:53.171Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"YO Protocol","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/web3/2025/12/13/yo-labs-raises-usd10m-to-scale-cross-chain-crypto-yield-optimization-protocol","type":"other","url":""},{"credibility":3,"name":"https://gen.xyz/blog/yo-xyz","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/yo-protocol","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/web3/2025/12/13/yo-labs-raises-usd10m-to-scale-cross-chain-crypto-yield-optimization-protocol","type":"other","url":""},{"credibility":3,"name":"https://finance.yahoo.com/news/crypto-vc-firm-paradigm-leads-141310544.html","type":"other","url":""},{"credibility":3,"name":"https://www.theblock.co/post/174468/ftx-haun-ventures-back-14-million-raise-for-ex-amazon-and-uber-vets-new-defi-platform","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://docs.yo.xyz/protocol/security-audits","type":"other","url":""},{"credibility":3,"name":"https://immunefi.com/bug-bounty/yo-protocol/resources/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://paragraph.com/@parlan/yo-protocols-unseen-dangers-why-code-audits-arent-enough","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.yo.xyz/blog/post/introducing-yo-powering-the-yield-engine-for-crypto","type":"other","url":""},{"credibility":3,"name":"https://www.bitrue.com/blog/yo-token-tokenomics-claiming-guide","type":"other","url":""},{"credibility":3,"name":"https://www.bitget.com/news/detail/12560605175106","type":"other","url":""},{"credibility":3,"name":"https://www.coingecko.com/en/coins/yo","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://en.wikipedia.org/wiki/ZachXBT","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://docs.yo.xyz/protocol/risks","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/web3/2025/12/13/yo-labs-raises-usd10m-to-scale-cross-chain-crypto-yield-optimization-protocol","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/yo-protocol","type":"other","url":""}]}],"sources_used":[],"summary":"YO Protocol (yo.xyz), operated by YO Labs, is a San Francisco-based multi-chain DeFi yield optimization protocol founded by former Uber and Amazon executives and backed by Paradigm, Coinbase Ventures, and Foundation Capital with $24 million in total funding. Independent security research published in September 2025 identified significant centralization risks, MEV attack vectors, and EIP-4626 compliance gaps that existing audits had not fully addressed. No hacks, exploits, or regulatory actions have been publicly confirmed against the protocol; a claimed ZachXBT flag has not been corroborated by any findable public source as of May 2026.","timeline":[{"date":"2022-10-01","event":"Exponential (later rebranded to YO Labs) raises $14 million seed round led by Paradigm, with FTX Ventures, Haun Ventures, Polygon, Solana Ventures, and Circle participating.","source":""},{"date":"2022-11-11","event":"FTX, a seed-round investor via FTX Ventures, collapses and files for bankruptcy amid fraud charges against founder Sam Bankman-Fried.","source":""},{"date":"2024-07-11","event":"Exponential.fi launches an all-in-one DeFi investing platform, setting the foundation for the YO Protocol rebrand.","source":""},{"date":"2025-01-15","event":"Offbeat Security completes audit of the yoVault contract, finding no critical or high-severity vulnerabilities.","source":""},{"date":"2025-01-21","event":"Hunter Security completes audit of the yoVault contract.","source":""},{"date":"2025-05-05","event":"YO Protocol's Immunefi bug bounty program goes live with a $10,000 maximum bounty for critical vulnerabilities.","source":""},{"date":"2025-05-29","event":"Spearbit completes audit of yoVault; audit confirms the onUnderlyingBalanceUpdate function can be sandwiched by MEV bots.","source":""},{"date":"2025-09-16","event":"Independent researcher Parlan publishes 'Yo Protocol's Unseen Dangers: Why Code Audits Aren't Enough,' identifying centralization, MEV, accounting, and EIP-4626 compliance risks.","source":""},{"date":"2025-12-13","event":"YO Labs raises $10 million Series A led by Foundation Capital, with Coinbase Ventures, Scribble Ventures, and Launchpad Capital participating, bringing total funding to $24 million.","source":""},{"date":"2026-01-30","event":"YO Protocol announces $YO token and tokenomics: 1 billion total supply, 8% genesis airdrop, 24% to core contributors, 16.5% to investors.","source":""},{"date":"2026-02-05","event":"Genesis airdrop claim portal opens for early depositors and points program participants.","source":""},{"date":"2026-02-24","event":"Zellic completes security audit of the yoVault Solana deployment.","source":""},{"date":"2026-04-13","event":"Accretion completes second audit of the yoVault Solana deployment.","source":""},{"date":"2026-05-06","event":"Genesis airdrop claim window closes.","source":""}]},"v":1}