AFI Protocol
Summary
AFI Protocol (Artificial Financial Intelligence) is a DeFi infrastructure project building Proof-of-Reserve systems for Real-World Assets (RWAs) on Ethereum, offering yield-bearing ERC-4626 vaults backed by tokenized off-chain collateral. The protocol reported over $225 million in total value locked as of mid-2026 and maintains institutional partnerships with Multipli, Pendle, Morpho, and others. On May 30, 2026, the protocol suffered a $480,000 exploit targeting its afiUSD vault, with stolen funds partially laundered through Tornado Cash; recovery efforts were ongoing as of June 2026.
Connected Entities
1 entities · 10 linked investigationsTimeline(8 events)
2025-08-01
Cantina completes private audit of afiUSD contracts, identifying one critical, several medium and low issues — all reported as remediated.
AFI Protocol Audits Documentation2025-08-20
Independent researchers zuhaibmohd and 0xWeb3boy complete additional review of afiUSD, finding low-severity issues reported as resolved.
AFI Protocol Audits Documentation2025-12-01
Quantstamp completes private audit of POR vault contracts, identifying one high and one medium issue — both reported as remediated.
AFI Protocol Audits Documentation2025-12-07
AFI Protocol launches $20M rwaUSDi institutional vault in partnership with Multipli, backed by claimed $80 million in verified reserves.
AFI Protocol rwaUSDi Launches $20M Verified RWA Vault - Our Crypto Talk2026-05-30
afiUSD vault on Ethereum Mainnet exploited for approximately $480,000. Protocol pauses vault and rotates operational keys within hours of detection.
CryptoTimes - AFI Protocol Shares Incident Update After $480K Exploit2026-05-30
Attacker converts approximately $252,000 in stolen DAI to ETH via on-chain swaps.
CryptoTimes - AFI Protocol Shares Incident Update After $480K Exploit2026-05-30
Attacker routes approximately 150 ETH through Tornado Cash following a test transfer to a secondary wallet.
CryptoTimes - AFI Protocol Shares Incident Update After $480K Exploit2026-06-09
AFI Protocol publishes incident update, confirms engagement of Quantstamp, Cantina, and SEAL 911 for recovery efforts, and announces bounty program.
CryptoTimes - AFI Protocol Shares Incident Update After $480K ExploitDecision Log
- hash: 6wQQEaHhzKBNYuRZ1HVYX5x1L6CAmfDP8581k3H1Jx6V
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-code-investigator
generated: 6/14/2026, 11:07:01 PM
last updated: 6/14/2026, 11:07:09 PM
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