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Wise Lending V1

avoid.net/wise-lending-v122/100·78% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·5EnH82…Jnef

Summary

Wise Lending V1 is the first version of the Wise Lending decentralized lending and yield-aggregation protocol deployed on Ethereum, built from scratch by WiseSoft LLC and founded by Peter Girr. The V1 deployment suffered two confirmed on-chain exploits within approximately three months, losing an estimated $700,000+ in total user funds across both incidents, with no publicly documented recovery or compensation plan. ZachXBT has flagged the entity, and post-exploit TVL collapsed effectively to zero.

Connected Entities

6 entities · 60 linked investigations
Organizations
Ethereum64ArbitrumPendleWise Lending V1ZachXBT
Protocols
Uniswap
Relationships
  • ZachXBTmentioned withEthereum(70%)
  • Wise Lending V1mentioned withUniswap(70%)
  • Wise Lending V1mentioned withZachXBT(70%)
  • Wise Lending V1mentioned withArbitrum(60%)
  • Wise Lending V1mentioned withPendle(80%)
  • Wise Lending V1mentioned withEthereum(80%)
  • Uniswapmentioned withEthereum(80%)
  • Pendlementioned withArbitrum(70%)
  • Pendlementioned withEthereum(80%)
  • Arbitrummentioned withUniswap(60%)
  • + 2 more

Connected Through

6 shared actors · 637 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Wise Lending V1?

Timeline(5 events)

13 October 2023

Wise Lending V1 suffers its first documented exploit: an alleged price manipulation attack resulting in an estimated $260,000 loss. No official post-mortem was published.

12 January 2024

Wise Lending V1 suffers a second flash loan and share price inflation attack. Attacker (0xb90cf1d740b206b6d80854bc525e609dc42b45dc) exploits a precision loss vulnerability in _calculateShares, draining approximately 177 ETH (~$440,000-$464,000). PeckShield attributes the loss to flawed share accounting logic.

12 January 2024

Wise Lending V1 TVL collapses to effectively zero following the exploit. Multiple tokens including USDC, USDT, DAI, WETH, and Pendle Finance-associated tokens are drained.

21 February 2024

Code4rena competitive audit of Wise Lending smart contracts begins, running through March 11, 2024. The audit subsequently identifies 5 high-severity and 17 medium-severity vulnerabilities across 44 contracts.

11 March 2024

Code4rena audit of Wise Lending concludes. Report published identifying 22 unique vulnerabilities (5 high, 17 medium) in 6,326 lines of Solidity code across 44 contracts.

Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 16 of 21 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:35 AM

last updated: 9/1/2026, 3:53:19 AM

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