InformationTVL

Cork V1

Total Value Locked$6,926

TVL by Chain

Ethereum$6,926

Protocol Information

The tokenized risk protocol. Hedge, trade, and earn on the risk that stablecoins, LSTs, & LRTs lose their peg

Category:Insurance

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Methodology

TVL: TVL accounts for all assets deposited into the Cork smart contracts.View code on GitHub

Hacks

Date: May 28, 2025

Amount: $12m

Classification: Protocol Logic

Technique: Access control bypass via hook

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Source

Competitors

Nexus Mutual ($149.95m)Easedefi.org ($8.84m)3F Mutual ($6.16m)Unslashed ($4.66m)Cover Protocol ($809,914)Ante Finance ($670,844)iTrust Finance ($631,249)Sherlock ($504,886)Nsure ($330,151)Bridge Mutual ($174,079)