Humanity Protocol Retires Old H Token and Plans Mainnet Restart

Highlights:

• Humanity Protocol will replace old H tokens through a 1:1 ERC-20 airdrop.
• Snapshots from June 8 will guide distribution across Ethereum, BNB Chain, and Humanity Mainnet.
• A compensation fund will support complex cases and eligible post-snapshot buyers after verification.

Humanity Protocol will replace its H token after a $36 million exploit hit its ecosystem on June 8, 2026. In an X post today, the project said it completed its incident review and prepared a recovery plan for eligible holders. It now plans a 1:1 airdrop through a newly audited Ethereum ERC-20 token.

The team said old H tokens on Ethereum, BNB Smart Chain, and Humanity Mainnet no longer serve the ecosystem. Instead, holders across those networks will receive the new H token, which keeps the same ticker. The project also said the replacement contract passed a full security audit.

Based on the announcement, the qualifying externally owned wallets will get tokens directly on Ethereum. However, H held through liquidity pools, protocol contracts, or other non-EOA addresses, those tokens will be routed into a different vault. After that, the team will work alongside the affected parties first before sending those balances.

The project said attacker-linked wallets will not join the airdrop. Quantstamp helped identify those addresses during the investigation. Therefore, the new distribution will exclude wallets tied to the exploit and related entities.

https://t.co/jm0oNWS4zD

— Humanity (@Humanityprot) June 16, 2026

June 8 Snapshot Sets The Recovery Terms

The airdrop will be based on balances shortly before the attack. The snapshot was taken by Humanity on June 8, 2026, 17:25:35 UTC. It used Ethereum block 25,274,179, BNB Smart Chain block 103,071,069, and Humanity block 24,247,803.

The swap will run at a 1:1 ratio. So eligible holders should get the same amount as they held at the time of the snapshot. The team also added the new Ethereum contract as 0xE76c5b78f93909d34404E9eb4C1f19e7582a5dE1.

However, for those using exchanges, their trading platforms will have to give separate guidance. The project said it is still working with centralized exchanges, bridge operators, liquidity partners, and ecosystem teams. That work should better support migration steps across the broader market.

The project also plans to restart Humanity Mainnet within the next few weeks. After that relaunch, the new H token will act as the chain’s native gas token. The team said the relaunch forms part of its wider plan to resume network activity.

Claims Fund Handles Exchange and DeFi Gaps

A new H Compensation Fund will cover cases outside the automatic airdrop. These cases include third-party protocol integrations and decentralized liquidity provider balance mismatches. The fund will also help legitimate buyers who still hold H after the snapshot.

However, claimants must undergo identity checks before receiving any compensation. Humanity Protocol said investigators linked the exploit to actors associated with the DPRK. The team will therefore apply KYC and AML screening during the official claims process.

The exploit report said the attackers used phishing to target a project director and obtained sensitive credentials. With the keys, they had unauthorized control over the BNB Chain deployment. Then, the attacker drained funds from the ecosystem.

Humanity Protocol: Attacker Obtained Seven Private Keys From One Compromised Device

Humanity Protocol said in an investigation report that the June 8 attack was caused by a key compromise after a developer machine was infected with malware, giving the attacker full root access.… pic.twitter.com/0emLZH3dxi

— Wu Blockchain (@WuBlockchain) June 10, 2026

The stolen assets still remain unrecovered. However, the recovery plan now centers on airdrops, claims-exchange coordination, and the mainnet restart. The team also said users should stick to only verified channels during the migration. Meanwhile, the H token is trading near $0.1928, down 30% in 24 hours. Its market cap and trading volume stand at $570 million and $105 million, respectively.