DefiTuna
TUNA
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
TUNA (DefiTuna) exhibits severe fundamental vulnerabilities across all major dimensions. While active development remains operational with ongoing code releases and published historical audits, the protocol suffered a protocol-logic exploit on July 16, 2026, draining approximately $570,000 to $580,000 USDC from its lending pool due to post-audit code modifications that bypassed solvency health checks. The incident remains partially unresolved with no formalized lender compensation plan in place. Governance is highly centralized with no DAO or on-chain voting structure, and approximately 50% of the token supply is concentrated in the protocol treasury. Tokenomics and market metrics demonstrate substantial discrepancies, including conflicting circulating supply figures, staking dashboard anomalies reporting stakes greater than total supply, and minimal daily trading volume, severely impairing protocol viability and investor trust.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About DefiTuna (TUNA)
DefiTuna (TUNA) is an SPL utility token operating on the Solana blockchain. It serves as the native asset for DefiTuna, a decentralized finance protocol providing automated market makers (AMMs), leveraged liquidity provision, and lending mechanisms. The TUNA token is structured to support protocol utilities, including proportional SOL revenue-share staking and protocol leverage collateral.
The project is led by founder and CEO Moty Povolotski alongside undisclosed core developers. DefiTuna operates under a centralized management structure without an on-chain decentralized autonomous organization (DAO) or voting framework. The token has a stated fixed supply of 100 million, with roughly 50% allocated to the protocol treasury. Market aggregators and protocol interfaces have exhibited notable data discrepancies, including conflicting circulating supply metrics and staking dashboards reporting quantities exceeding the total supply.
On July 16, 2026, DefiTuna's lending contracts suffered a protocol-logic exploit that resulted in the loss of approximately $569,601 to $580,000 USDC. The incident occurred due to post-audit code modifications that created a flaw in the position health check, allowing an attacker to route an illiquid TUNA/USDC swap through Jupiter, round asset balances to zero, and bypass solvency verification. While the attack vector was subsequently closed, the exploit created an unaddressed deficit in the lending pool with no formalized lender compensation plan established.