Voltage Finance
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 15 → 27. Problems weighed by who is responsible: the subject's own conduct −25, incidents the subject suffered −16, concerns that are not fraud −12, problems around the subject, caused by others −0.6; legitimacy credit long-running +6; fact-check adjustments (−17) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -25 |
| Concerns that are not fraud | -12 |
| Incidents it suffered (e.g. hacks) | -16 |
| Problems around it, caused by others | -0.6 |
| Long-running | +6 |
| Sum | 17 |
Score: 27/100 (kept between 0 and 100)
How scoring works →Summary
Voltage Finance (formerly FuseFi) is a decentralized finance protocol operating on the Fuse Network, offering token swapping, lending, liquidity farming, and cross-chain bridging via an automated market maker. The protocol has been the subject of two confirmed security exploits: a March 2022 reentrancy attack that drained approximately $4.67 million from its lending pools via a third-party partner (Ola Finance), and a March 2025 insider-related exploit of its Simple Staking pools resulting in approximately $322,000 in losses. No funds were recovered in either incident as of the time of this investigation.
Connected Entities
6 entities · 60 linked investigations- Ola Finance→mentioned with→Ethereum(70%)
- Ola Finance→mentioned with→Chainlink(65%)
- Hundred Finance→mentioned with→Ethereum(70%)
- Voltage Finance→mentioned with→Ethereum(70%)
- Voltage Finance→mentioned with→Meter(70%)
- Voltage Finance→mentioned with→Chainlink(60%)
- Chainlink→mentioned with→Ethereum(65%)
- Meter→mentioned with→Hundred Finance(80%)
- Ola Finance→mentioned with→Voltage Finance(80%)
- Voltage Finance→mentioned with→Ola Finance(80%)
- + 3 more
Timeline(10 events)
December 2021
Voltage Finance (then FuseFi) closes initial private funding round at $2.3 million.
PR Newswire5 February 2022
Meter.io bridge exploited for $4.4 million; Hundred Finance loses an additional $3.3 million in a related incident. Voltage Finance is not directly affected but the broader Fuse/Compound-fork ecosystem is put on notice.
CoinTelegraph21 February 2022
Voltage Finance closes $3.4 million total private round and announces VOLT governance token TGE details; protocol rebrands from FuseFi.
PR Newswire15 March 2022
Hundred Finance and Agave protocols exploited via similar ERC-677 reentrancy vulnerability, losing approximately $11 million combined — a warning sign for Compound-fork protocols using ERC-677 tokens.
Crypto Briefing31 March 2022
Voltage Finance lending pool (deployed with Ola Finance) drained for approximately $4.67 million via ERC-677 reentrancy exploit. Attacker uses flash loan from Voltage's own AMM to fund the attack.
Ola Finance — Post MortemApril 2022
Ola Finance and Voltage Finance publish transparency reports; funds flagged on Etherscan, Circle contacted to freeze USDC portion. Funds are bridged to Ethereum and remain unrecovered.
CoinDesk18 March 2025
Voltage Finance Simple Staking pools exploited for approximately $322,113. A former developer with retained proxy ownership is alleged to have changed the staking contract implementation and called a forceWithdraw function to drain funds.
Voltage Finance Medium — Post Mortem20 March 2025
Voltage Finance publishes post-mortem on Simple Staking hack; offers $50,000 bounty for return of funds; states police reports have been filed, including with authorities in Finland.
Voltage Finance Medium — Post Mortem6 May 2025
CertiK reports that the wallet cluster linked to the March 2022 Voltage Finance exploit has moved 100 ETH (~$182,783) to Tornado Cash after 166 days of dormancy.
CoinTelegraph / CertiKDecision Log
- slot 455361421 · hash E1fak4BTE43rDGicYAcXa8JHyr3NgXuSP6Tj773JSfXU
- slot 424135766 · hash 53tnHJifUzW4PMF2LGUhqZMwsfzAPRsrjKX2VHesZ5Gn
- slot 424135763 · hash FnKi1j8Zw9c17R3SDuUL9hoDJNLbYfRYGvV1NJn4YGt6
- slot 423878331 · hash E134FiYDZiJDtEAAMUt38J2moR6BNnjaQFaQpfx8xzjs
- slot 423878328 · hash 3CrP6Z4LUS1RDKpRcybS8cySzK65A6ZeZg9eWaUuvGE9
- slot 423874228 · hash BMU4CwLp2orxdbmZFtmmrG5Wpg5DFef641vKsC5jod6a
- slot 423874225 · hash 2WbCvcuWpSFfF6Mb8fzuT7vZU77xDJZfpAZCVqVNUfSh
- slot 423640545 · hash ZKwp5jtpLkPtVKxh5T6m8yJB3Pvt2SXKCmQFeLUi95K
This investigation is cryptographically anchored to the Solana blockchain (8 decisions). 16 of 16 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 6/1/2026, 5:49:49 PM
last updated: 10/10/2026, 6:42:02 PM
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