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 · Conic Finance
- Sequence
- #1
- Score
- →
- Cluster
- mainnet-beta
- Slot
- 422748333
- Off-chain at
- 2026-05-28T15:33:50.559Z
- Anchored at
- —
- Block time
- —
Independent verification
- 1. Database (off-chain)
- BQ7vBuBUpDW7psxM7rVHyu1ub1UJwYd4TUDsKcutBVEF
- 2. Recomputed (your browser)
- computing…
- 3. On-chain (Solana memo)
- fetching…
Canonical bytes hashed (10091 chars)
{"actor":"system:backfill","investigation_id":"be1e3585-ce18-4b16-a724-d62698d5ac27","kind":"publish","page_slug":"conic-finance","published_at":"2026-05-28T15:33:50.467Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Conic Finance","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/markets/2023/03/08/curve-yield-farmers-rush-to-deploy-60m-on-newly-launched-conic-finance-capture-21-apy-on-usd-coin","type":"other","url":""},{"credibility":3,"name":"https://medium.com/@ConicFinance/conic-raises-1m-f88ad30460fd","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/conic-finance","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://medium.com/@ConicFinance/post-mortem-eth-and-crvusd-omnipool-exploits-c9c7fa213a3d","type":"other","url":""},{"credibility":3,"name":"https://www.certik.com/resources/blog/5FZAakbsUVg1EyHLNw9Qnm-conic-finance-incident-analysis","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/tech/2023/07/21/defi-protocol-conic-finance-hacked-for-1700-ether","type":"other","url":""},{"credibility":3,"name":"https://www.halborn.com/blog/post/explained-the-conic-finance-hack-july-2023","type":"other","url":""},{"credibility":3,"name":"https://rekt.news/conic-finance-rekt","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://medium.com/@ConicFinance/post-mortem-eth-and-crvusd-omnipool-exploits-c9c7fa213a3d","type":"other","url":""},{"credibility":3,"name":"https://www.certik.com/resources/blog/5FZAakbsUVg1EyHLNw9Qnm-conic-finance-incident-analysis","type":"other","url":""},{"credibility":3,"name":"https://www.merklescience.com/blog/hack-track-investigating-conic-finance-flow-of-funds","type":"other","url":""},{"credibility":3,"name":"https://immunebytes.com/blog/conic-finance-detailed-hack-analysis-july-21/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.halborn.com/blog/post/explained-the-conic-finance-hack-july-2023","type":"other","url":""},{"credibility":3,"name":"https://www.chainsecurity.com/security-audit/conic-protocol","type":"other","url":""},{"credibility":3,"name":"https://medium.com/@ConicFinance/conic-is-shutting-down-70482910a5d1","type":"other","url":""},{"credibility":3,"name":"https://immunebytes.com/blog/conic-finance-detailed-hack-analysis-july-21/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/markets/2023/12/12/defi-platform-conic-finances-cnc-token-surges-50-as-the-protocol-plots-comeback-after-hack","type":"other","url":""},{"credibility":3,"name":"https://decrypt.co/149532/hackers-drain-3-2m-in-ethereum-from-defi-protocol-conic-finance","type":"other","url":""},{"credibility":3,"name":"https://medium.com/@ConicFinance/conic-is-shutting-down-70482910a5d1","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://medium.com/@ConicFinance/conic-is-shutting-down-70482910a5d1","type":"other","url":""},{"credibility":3,"name":"https://www.dlnews.com/articles/defi/conic-calls-it-quits-after-failing-to-fix-security-flaws/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.certik.com/resources/blog/5FZAakbsUVg1EyHLNw9Qnm-conic-finance-incident-analysis","type":"other","url":""},{"credibility":3,"name":"https://www.merklescience.com/blog/hack-track-investigating-conic-finance-flow-of-funds","type":"other","url":""},{"credibility":3,"name":"https://medium.com/@ConicFinance/post-mortem-eth-and-crvusd-omnipool-exploits-c9c7fa213a3d","type":"other","url":""}]}],"sources_used":[{"credibility":1,"name":"Conic Finance Post-Mortem — ETH and crvUSD Omnipool Exploits","type":"official","url":"https://medium.com/@ConicFinance/post-mortem-eth-and-crvusd-omnipool-exploits-c9c7fa213a3d"},{"credibility":1,"name":"Conic is shutting down — Conic Finance Medium","type":"official","url":"https://medium.com/@ConicFinance/conic-is-shutting-down-70482910a5d1"},{"credibility":1,"name":"DeFi Protocol Conic Finance Hacked for 1,700 Ether — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2023/07/21/defi-protocol-conic-finance-hacked-for-1700-ether"},{"credibility":2,"name":"Conic Finance Incident Analysis — CertiK","type":"research","url":"https://www.certik.com/resources/blog/5FZAakbsUVg1EyHLNw9Qnm-conic-finance-incident-analysis"},{"credibility":2,"name":"Explained: The Conic Finance Hack (July 2023) — Halborn Security","type":"research","url":"https://www.halborn.com/blog/post/explained-the-conic-finance-hack-july-2023"},{"credibility":2,"name":"Hack Track: Investigating Conic Finance Flow of Funds — Merkle Science","type":"on_chain","url":"https://www.merklescience.com/blog/hack-track-investigating-conic-finance-flow-of-funds"},{"credibility":2,"name":"Conic Finance — Rekt News","type":"news_article","url":"https://rekt.news/conic-finance-rekt"},{"credibility":2,"name":"Conic Finance suffers $3m exploit — DL News","type":"news_article","url":"https://www.dlnews.com/articles/defi/conic-finance-suffers-exploit-similar-to-the-dao-hack/"},{"credibility":2,"name":"Conic Finance shuts down more than a year after $3m exploits — DL News","type":"news_article","url":"https://www.dlnews.com/articles/defi/conic-calls-it-quits-after-failing-to-fix-security-flaws/"},{"credibility":2,"name":"Curve omnipool platform Conic Finance hacked for $3.2M in ETH — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/eth-curve-omnipool-platform-conic-finance-hacked-for-3-2-million-in-eth"},{"credibility":2,"name":"Hackers Drain $3 Million in Ethereum From DeFi Protocol Conic Finance — Decrypt","type":"news_article","url":"https://decrypt.co/149532/hackers-drain-3-2m-in-ethereum-from-defi-protocol-conic-finance"},{"credibility":2,"name":"Conic Finance drained of $3.2 million in security attack — The Block","type":"news_article","url":"https://www.theblock.co/post/240917/conic-finance-security-attack"},{"credibility":1,"name":"Conic Finance raises $1m — Medium","type":"official","url":"https://medium.com/@ConicFinance/conic-raises-1m-f88ad30460fd"},{"credibility":1,"name":"DeFi Platform Conic Finance CNC Token Surges 50% — CoinDesk","type":"news_article","url":"https://www.coindesk.com/markets/2023/12/12/defi-platform-conic-finances-cnc-token-surges-50-as-the-protocol-plots-comeback-after-hack"},{"credibility":2,"name":"Conic Finance Detailed Hack Analysis — ImmuneBytes","type":"research","url":"https://immunebytes.com/blog/conic-finance-detailed-hack-analysis-july-21/"},{"credibility":2,"name":"Conic Finance — DefiLlama","type":"on_chain","url":"https://defillama.com/protocol/conic-finance"}],"summary":"Conic Finance was a DeFi liquidity-diversification protocol built on Curve Finance that allowed users to deposit assets into Omnipools across multiple Curve pools. On July 21, 2023, the protocol suffered two separate exploits totaling approximately $4.2 million — a $3.26 million read-only reentrancy attack on its ETH Omnipool and a subsequent $300,000 sandwich attack on its crvUSD Omnipool — after which TVL never recovered. In March 2025, the team formally shut down the protocol, citing an inability to fix critical security issues in a planned v2 upgrade.","timeline":[{"date":"2023-03-08","event":"Conic Finance launches; attracts over $60 million TVL within days offering Curve Omnipool diversification with up to 21% APY on USDC","source":"CoinDesk","source_url":"https://www.coindesk.com/markets/2023/03/08/curve-yield-farmers-rush-to-deploy-60m-on-newly-launched-conic-finance-capture-21-apy-on-usd-coin"},{"date":"2023-07-04","event":"First minor exploit of $1,600 via pool manipulation — an early signal of pool imbalance vulnerabilities","source":"CertiK Incident Analysis","source_url":"https://www.certik.com/resources/blog/5FZAakbsUVg1EyHLNw9Qnm-conic-finance-incident-analysis"},{"date":"2023-07-21","event":"ETH Omnipool drained of 1,724 ETH (~$3.26 million) via read-only reentrancy exploit exploiting a WETH/ETH address mismatch in CurveLPOracleV2","source":"Conic Finance Post-Mortem / CoinDesk","source_url":"https://www.coindesk.com/tech/2023/07/21/defi-protocol-conic-finance-hacked-for-1700-ether"},{"date":"2023-07-21","event":"crvUSD Omnipool exploited for ~$934,000 (~$300k attacker profit) via sandwich attack hours after the ETH exploit; 9 ETH routed to Tornado Cash","source":"Conic Finance Post-Mortem / CertiK","source_url":"https://medium.com/@ConicFinance/post-mortem-eth-and-crvusd-omnipool-exploits-c9c7fa213a3d"},{"date":"2023-07-21","event":"Conic pauses all Omnipools and disables deposits; publishes incident acknowledgment; MEV bot voluntarily returns ~81 ETH","source":"Conic Finance Medium / Rekt News","source_url":"https://rekt.news/conic-finance-rekt"},{"date":"2023-07-22","event":"Conic Finance publishes full post-mortem detailing root cause of both exploits and committing to v2 development with fresh audits","source":"Conic Finance Medium","source_url":"https://medium.com/@ConicFinance/post-mortem-eth-and-crvusd-omnipool-exploits-c9c7fa213a3d"},{"date":"2023-12-12","event":"CNC token surges 50% as Conic announces comeback plans and v2 development progress; TVL shows partial recovery","source":"CoinDesk","source_url":"https://www.coindesk.com/markets/2023/12/12/defi-platform-conic-finances-cnc-token-surges-50-as-the-protocol-plots-comeback-after-hack"},{"date":"2025-03-07","event":"Conic Finance announces permanent shutdown; team cites inability to fix critical security issues in v2 despite audits by ChainSecurity and MixBytes; CNC token falls over 80% on the announcement","source":"Conic Finance Medium / DL News","source_url":"https://medium.com/@ConicFinance/conic-is-shutting-down-70482910a5d1"}]},"v":1}