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Conic Finance(CNC)

Total Value Locked$57,956

TVL by Chain

Ethereum$57,956

Key Metrics

Total Raised$1m

Jul 30, 2023$1mRound: PrivateInvestors: Michael Egorov

Protocol Information

Conic Finance is an easy-to-use platform built for liquidity providers to easily diversify their exposure to multiple Curve pools. Any user can provide liquidity into a Conic Omnipool which allocates funds across Curve in proportion to protocol controlled pool weights.

Category:Yield

Audits:

Hacks

Date: Jul 21, 2023

Amount: $3.3m

Classification: Reentrancy

Technique: Read-Only Reentrancy

Conic Finance exploited twice on July 21, 2023 for ~$4.2M ($3.3M ETH Omnipool, $934K crvUSD Omnipool) via read-only reentrancy in CurveLPOracleV2. Price manipulation extracted value from asset pools; audit findings hadn't covered this contract.

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Date: Jul 22, 2023

Amount: $300,000

Classification: Oracle Manipulation

Technique: Spot Price Manipulation

On July 21-22, 2023, Conic Finance suffered two exploits via read-only reentrancy in CurveLPOracleV2. Attackers manipulated perceived prices to drain $3.26 million from the ETH omnipool; a second exploit of $300K occurred shortly after.

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Conic Finance history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 1, 2023 to Nov 11, 2026.

All-time high TVL: $157.24m on Jul 18, 2023. All-time low TVL: $50,473 on Jun 26, 2026.

Daily TVL, Oct 13, 2026 to Nov 11, 2026

DateTVL
Oct 13, 2026$64,034
Oct 14, 2026$64,224
Oct 15, 2026$63,149
Oct 16, 2026$63,293
Oct 17, 2026$63,096
Oct 18, 2026$62,974
Oct 19, 2026$62,970
Oct 20, 2026$62,884
Oct 21, 2026$63,619
Oct 22, 2026$63,325
Oct 23, 2026$62,703
Oct 24, 2026$62,529
Oct 25, 2026$62,236
Oct 26, 2026$61,716
Oct 27, 2026$61,696
Oct 28, 2026$62,261
Oct 29, 2026$62,022
Oct 30, 2026$60,524
Oct 31, 2026$60,573
Nov 1, 2026$60,882
Nov 2, 2026$61,270
Nov 3, 2026$60,652
Nov 4, 2026$60,863
Nov 5, 2026$63,192
Nov 6, 2026$60,522
Nov 7, 2026$60,593
Nov 8, 2026$60,476
Nov 9, 2026$59,340
Nov 10, 2026$58,928
Nov 11, 2026$57,929

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$5.1m
Jan 31, 2025$5.7m
Feb 28, 2025$5.69m
Mar 31, 2025$1.07m
Apr 30, 2025$321,591
May 31, 2025$363,933
Jun 30, 2025$360,204
Jul 31, 2025$208,264
Aug 31, 2025$130,662
Sep 30, 2025$126,413
Oct 31, 2025$119,537
Nov 30, 2025$104,087
Dec 31, 2025$103,704
Jan 31, 2026$98,750
Feb 28, 2026$84,458
Mar 31, 2026$87,206
Apr 30, 2026$60,601
May 31, 2026$57,553
Jun 30, 2026$51,477
Jul 31, 2026$55,900
Aug 31, 2026$63,112
Sep 30, 2026$66,543
Oct 31, 2026$60,573
Nov 11, 2026 (latest)$57,929

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$415,346
Dec 31, 2024$5.1m
Dec 31, 2025$103,704

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/conic-finance

Frequently asked questions

What is Conic Finance's TVL?

As of Nov 11, 2026, Conic Finance has $57,956 in total value locked. TVL has decreased 10.5% over the past 30 days.

What chains does Conic Finance operate on?

Conic Finance operates on Ethereum. Ethereum holds the largest share at 100%.

How does Conic Finance's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Conic Finance ranks #181 by TVL. The category holds $4.078b across 578 protocols, and Conic Finance accounts for <0.1% of that total. Similar protocols include Spark Savings, Pendle V2, Convex Finance, Avalon Superearn, Stake DAO Yield, Lorenzo sUSD1+, infiniFi, Concentrator, Yuzu Money, and Wise Token.

Has Conic Finance ever been exploited?

Conic Finance has 2 recorded security incidents. The most recent incident occurred on Jul 22, 2023 and involved $300,000. It was classified as Oracle Manipulation.