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Sentiment

avoid.net/sentiment32/100·72% 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·2SUJEX…RvMp

Summary

Sentiment is an undercollateralized DeFi lending protocol originally deployed on Arbitrum, later migrating activity to HyperLiquid L1. On April 4, 2023, the protocol suffered a read-only reentrancy exploit resulting in approximately $1 million in losses, of which 90% was returned by the attacker following a negotiated $95,000 bounty. ZachXBT has flagged the entity for elevated risk; the protocol remains operational with a low TVL of roughly $518,000 as of 2025.

Connected Entities

1 entities
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Sentiment
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    Timeline(9 events)

    10 September 2022

    Sentiment raises $2.4 million seed round led by Archetype Ventures, with Castle Island Ventures and others participating.

    2023

    Sherlock audit of Sentiment protocol completed; audit judging repository published on GitHub.

    4 April 2023

    Read-only reentrancy exploit executed on Arbitrum via Balancer integration. Approximately $1 million drained. Sentiment pauses main contract at 18:00 UTC.

    5 April 2023

    Sentiment team publicly offers $95,000 bounty to attacker with deadline of April 6, 08:00 UTC. Engages PeckShield and law enforcement.

    6 April 2023

    Attacker returns approximately 90% of stolen funds (~$900,000) after negotiation. Protocol announced 90% recovery.

    7 April 2023

    Sherlock insurance pays approximately $50,000 to cover a portion of the remaining unrecovered losses.

    8 April 2023

    Sentiment announces 100% fund recovery and full protocol solvency restoration.

    11 April 2023

    Sentiment publishes official post-mortem detailing the exploit mechanics and remediation steps.

    24 February 2025

    Sentiment completes a public token sale raising $1 million, bringing total disclosed funding to $3.4 million. Protocol operating on HyperLiquid L1.

    Provenance & Audit Trail

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (1 event). 10 of 16 cited source URLs have an Internet Archive snapshot.

    model: claude-sonnet-4-6

    generated: 5/4/2026, 2:54:42 AM

    last updated: 8/30/2026, 5:14:11 AM

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