← Visor Finance1 decision on this page
Audit log
Every state-changing event for Visor 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:backfill2026-05-30 13:00:36ZScore: ? → ? (no score change)anchoranchored
- chain
- ●mainnet-betaslot 423,161,287
- sig
2G3j9udfF22S…Yb5zbQVQexplorer ↗- hash
3cEbNnZsdLov…rgs5rJdXsha256 → base58
verifying row…full verify ↗canonical bytes (11338 B) ▸
{"actor":"system:backfill","investigation_id":"d4fd5697-b821-40f7-92ce-2919af562043","kind":"publish","page_slug":"visor-finance","published_at":"2026-05-30T13:00:35.993Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Visor Finance","sections":[{"content":"","heading":"Protocol Overview","severity":"low","sources":[{"credibility":2,"name":"How Does Visor Integrate With Uniswap V3? — Visor Finance Medium","type":"official","url":"https://visorfinance.medium.com/how-does-visor-integrate-with-uniswap-v3-f8a648d343ad"},{"credibility":2,"name":"Introducing Gamma — Visor Finance Medium","type":"official","url":"https://medium.com/visorfinance/introducing-gamma-an-organization-dedicated-to-funding-active-lp-strategies-and-research-bb6617168566"},{"credibility":2,"name":"Visor Finance — ETHGlobal Prize Page","type":"other","url":"https://ethglobal.com/events/unicode/prizes/visor-finance"}]},{"content":"","heading":"Incident 1 — June 2021 Admin Key Compromise ($500K)","severity":"high","sources":[{"credibility":2,"name":"Visor Beta Incident Report — Visor Finance Medium (original post, now 410 Gone; cited via Yahoo Finance archive)","type":"news_article","url":"https://finance.yahoo.com/news/visor-finance-releases-500-000-051936013.html"},{"credibility":2,"name":"Visor Finance Releases $500,000 DeFi Heist Post Mortem Report — CryptoNewsBTC","type":"news_article","url":"https://cryptonewsbtc.org/2021/06/21/visor-finance-releases-500000-defi-heist-post-mortem-report/"},{"credibility":2,"name":"Visor Finance — Rekt News","type":"news_article","url":"https://rekt.news/visor-finance-rekt"}]},{"content":"","heading":"Incident 2 — November 2021 Price Manipulation Attack (alleged $773K)","severity":"high","sources":[{"credibility":2,"name":"Nov 2021 — Visor Finance Arbitrage Attack — Quadriga Initiative Case Study","type":"research","url":"https://quadrigainitiative.com/casestudy/visorfinancearbitrageattack.php"},{"credibility":2,"name":"Safeguarding Uniswap v3 Positions Against Arbitrage — Visor Finance Medium","type":"official","url":"https://medium.com/visorfinance/safeguarding-uniswap-v3-positions-against-arbitrage-274d9b5bbe3c"},{"credibility":2,"name":"$8.2M Lost as Visor Finance Suffers Latest DeFi Hack — Crypto Briefing","type":"news_article","url":"https://cryptobriefing.com/8-2m-lost-visor-finance-suffers-latest-defi-hack/"}]},{"content":"","heading":"Incident 3 — December 2021 Reentrancy Exploit ($8.2M) — Critical","severity":"critical","sources":[{"credibility":2,"name":"Visor Finance — Rekt News","type":"news_article","url":"https://rekt.news/visor-finance-rekt"},{"credibility":2,"name":"Two Vulnerabilities in One Function — BEOSIN Analysis (Medium)","type":"research","url":"https://beosin.medium.com/two-vulnerabilities-in-one-function-the-analysis-of-visor-finance-exploit-a15735e2492"},{"credibility":2,"name":"$8.2M Lost as Visor Finance Suffers Latest DeFi Hack — Crypto Briefing","type":"news_article","url":"https://cryptobriefing.com/8-2m-lost-visor-finance-suffers-latest-defi-hack/"},{"credibility":2,"name":"Visor Finance Hacked For $8M in Latest DeFi Exploit — BeInCrypto","type":"news_article","url":"https://beincrypto.com/visor-finance-hacked-for-8m-in-latest-defi-exploit/"},{"credibility":2,"name":"Visor Finance is Hacked for About $8.2 Million — Web3 Is Going Great","type":"news_article","url":"https://www.web3isgoinggreat.com/?id=2021-12-21-2"},{"credibility":2,"name":"Visor Finance — CertiK Security Leaderboard","type":"research","url":"https://www.certik.com/projects/visorfinance"}]},{"content":"","heading":"Audit History and Security Posture","severity":"high","sources":[{"credibility":2,"name":"Hypervisor Audit Report — Visor Finance Medium","type":"research","url":"https://medium.com/visorfinance/hypervisor-audit-report-b5b3619c12da"},{"credibility":2,"name":"Visor Finance Findings and Analysis Report — Code4rena","type":"research","url":"https://code4rena.com/reports/2021-05-visorfinance"},{"credibility":2,"name":"Visor Finance — CertiK Skynet Project Insight","type":"research","url":"https://skynet.certik.com/projects/visorfinance"},{"credibility":2,"name":"$8.2M Lost as Visor Finance Suffers Latest DeFi Hack — Crypto Briefing","type":"news_article","url":"https://cryptobriefing.com/8-2m-lost-visor-finance-suffers-latest-defi-hack/"}]},{"content":"","heading":"Rebrand to Gamma Strategies (January 2022)","severity":"medium","sources":[{"credibility":2,"name":"Visor Merges with Gamma — Gamma Strategies Medium","type":"official","url":"https://medium.com/gamma-strategies/visor-merges-with-gamma-a-re-org-focusing-on-security-and-performance-b4deaf67e273"},{"credibility":2,"name":"Visor Finance to Merge with Gamma Strategies — Aliens.com","type":"news_article","url":"https://aliens.com/read/visor-finance-to-merge-with-gamma-strategies"},{"credibility":2,"name":"Gamma Strategies — Rekt News (covers post-rebrand 2023 incident)","type":"news_article","url":"https://rekt.news/gamma-strategies-rekt"},{"credibility":2,"name":"Conversations with the Coop — Gamma Strategies (formerly Visor Finance)","type":"other","url":"https://indexcoop.substack.com/p/conversations-with-the-coop-core"}]}],"sources_used":[{"credibility":2,"name":"Visor Finance — Rekt News","type":"news_article","url":"https://rekt.news/visor-finance-rekt"},{"credibility":2,"name":"Two Vulnerabilities in One Function — BEOSIN Analysis (Medium)","type":"research","url":"https://beosin.medium.com/two-vulnerabilities-in-one-function-the-analysis-of-visor-finance-exploit-a15735e2492"},{"credibility":2,"name":"$8.2M Lost as Visor Finance Suffers Latest DeFi Hack — Crypto Briefing","type":"news_article","url":"https://cryptobriefing.com/8-2m-lost-visor-finance-suffers-latest-defi-hack/"},{"credibility":2,"name":"Visor Finance Hacked For $8M in Latest DeFi Exploit — BeInCrypto","type":"news_article","url":"https://beincrypto.com/visor-finance-hacked-for-8m-in-latest-defi-exploit/"},{"credibility":2,"name":"Visor Finance is Hacked for About $8.2 Million — Web3 Is Going Great","type":"news_article","url":"https://www.web3isgoinggreat.com/?id=2021-12-21-2"},{"credibility":2,"name":"Visor Merges with Gamma — Gamma Strategies Medium","type":"official","url":"https://medium.com/gamma-strategies/visor-merges-with-gamma-a-re-org-focusing-on-security-and-performance-b4deaf67e273"},{"credibility":2,"name":"Nov 2021 Visor Finance Arbitrage Attack — Quadriga Initiative","type":"research","url":"https://quadrigainitiative.com/casestudy/visorfinancearbitrageattack.php"},{"credibility":2,"name":"Visor Finance Releases $500,000 DeFi Heist Post Mortem — CryptoNewsBTC","type":"news_article","url":"https://cryptonewsbtc.org/2021/06/21/visor-finance-releases-500000-defi-heist-post-mortem-report/"},{"credibility":2,"name":"Visor Finance CertiK Skynet Project Insight","type":"research","url":"https://skynet.certik.com/projects/visorfinance"},{"credibility":2,"name":"Visor Finance Findings and Analysis Report — Code4rena","type":"research","url":"https://code4rena.com/reports/2021-05-visorfinance"},{"credibility":2,"name":"Hypervisor Audit Report — Visor Finance Medium","type":"research","url":"https://medium.com/visorfinance/hypervisor-audit-report-b5b3619c12da"},{"credibility":2,"name":"Gamma Strategies — Rekt News","type":"news_article","url":"https://rekt.news/gamma-strategies-rekt"},{"credibility":2,"name":"Introducing Gamma — Visor Finance Medium","type":"official","url":"https://medium.com/visorfinance/introducing-gamma-an-organization-dedicated-to-funding-active-lp-strategies-and-research-bb6617168566"},{"credibility":2,"name":"Liquidity Management Protocol Visor Gets Hacked, Price Plummets 95% — CryptoPotato","type":"news_article","url":"https://cryptopotato.com/liquidity-management-protocol-visor-gets-hacked-price-plummets-95/"}],"summary":"Visor Finance was an Ethereum-based DeFi protocol offering active liquidity management for Uniswap v3 concentrated liquidity positions via smart-contract vaults called Hypervisors. The protocol suffered three separate security incidents in 2021 — an admin-key compromise in June ($500K), a price-manipulation attack in November (alleged $773K), and a critical reentrancy exploit in December that drained approximately $8.2M in VISR tokens from the vVISR staking contract. Following the December exploit, Visor merged with co-funded research arm Gamma Strategies in January 2022 and rebranded entirely, migrating token holders to the GAMMA token.","timeline":[{"date":"2021-05-01","event":"Visor Finance launches active liquidity management beta on Uniswap v3.","source":"Visor Finance Medium","source_url":"https://medium.com/visorfinance/visors-active-liquidity-management-beta-launch-on-uniswap-v3-fbe5a5dce3c9"},{"date":"2021-05-01","event":"Visor Finance funds the creation of Gamma, an active LP research organization, with an initial $500,000.","source":"Visor Finance Medium","source_url":"https://medium.com/visorfinance/introducing-gamma-an-organization-dedicated-to-funding-active-lp-strategies-and-research-bb6617168566"},{"date":"2021-05-01","event":"Code4rena community audit contest for Visor Finance contracts completes.","source":"Code4rena","source_url":"https://code4rena.com/reports/2021-05-visorfinance"},{"date":"2021-06-19","event":"Admin key compromise results in $500K stolen from unpositioned Hypervisor deposits. Visor covers losses from treasury.","source":"Yahoo Finance / Visor Finance post-mortem","source_url":"https://finance.yahoo.com/news/visor-finance-releases-500-000-051936013.html"},{"date":"2021-07-12","event":"CertiK delivers Hypervisor audit report; no critical or major findings reported across 10 total findings.","source":"CertiK Security Leaderboard","source_url":"https://www.certik.com/projects/visorfinance"},{"date":"2021-11-25","event":"Price manipulation attack against OHM-ETH Hypervisor using Uniswap v3 spot price dependency. Visor characterizes it as arbitrage; independent estimates put losses at $773K. Treasury covers losses.","source":"Quadriga Initiative","source_url":"https://quadrigainitiative.com/casestudy/visorfinancearbitrageattack.php"},{"date":"2021-12-21","event":"Critical reentrancy exploit drains vVISR staking contract (RewardsHypervisor) of 8,812,958 VISR (~$8.2M). Attacker uses double-enter on deposit() to mint 195M vVISR certificates then redeems for underlying VISR. Funds laundered via Tornado Cash. VISR token price collapses over 97%.","source":"Rekt News / BEOSIN Analysis","source_url":"https://rekt.news/visor-finance-rekt"},{"date":"2021-12-23","event":"Visor Finance announces merger with Gamma Strategies, token migration to GAMMA using pre-exploit snapshot, and post-rebrand security commitments including Quantstamp and ConsenSys Diligence audits.","source":"Gamma Strategies Medium","source_url":"https://medium.com/gamma-strategies/visor-merges-with-gamma-a-re-org-focusing-on-security-and-performance-b4deaf67e273"},{"date":"2022-01-01","event":"Visor Finance fully merges into Gamma Strategies. GAMMA token distributed to all VISR/vVISR/tVISR holders. Visor web properties transferred to Gamma brand.","source":"Gamma Strategies Medium","source_url":"https://medium.com/gamma-strategies/visor-merges-with-gamma-a-re-org-focusing-on-security-and-research-bb6617168566"}]},"v":1}Verify offline (run on your own machine)python -m src.verify_decision 4a29e348-72f7-4dbb-bb4c-878fca781452
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>.