Warden Protocol, a project initially positioned as a modular blockchain network, is facing allegations of an exit scam from the community. The project's token, WARD, has seen a significant decline, dropping approximately 90% from its peak since its listing on Binance Alpha. Initially, Warden Protocol aimed to drive intent-based blockchain solutions but later shifted towards AI narratives. The project claimed its three co-founders had previous experience at Binance and raised about $6.5 million in early funding. In January 2026, Warden Protocol secured approximately $4 million in strategic financing, valuing the project at around $200 million. Notable investors included 0G, Messari, and Venice.AI.