Logo of Conic FinanceConic Finance(CNC)
Total Value Locked$61,942.54

TVL by Chain

Ethereum$61,942.54

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

$CNC Liquidity$195,963

Raydium AMM$181,141

Curve DEX$14,822

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:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Hacks

Date: Jul 21, 2023

Amount: $3.3m

Classification: Reentrancy

Technique: Read-Only Reentrancy

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Date: Jul 22, 2023

Amount: $300,000

Classification: Oracle Manipulation

Technique: Spot Price Manipulation

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Conic Finance?

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.

What is Conic Finance's TVL?

Conic Finance currently has $61,942.54 in total value locked. TVL has increased 10.3% 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 #186 by TVL. The category holds $4.51b across 584 protocols, and Conic Finance accounts for <0.1% of that total. Other leading protocols include Pendle, Spark Savings, Convex Finance, Stake DAO, Lorenzo sUSD1+, Yuzu Money, Strata Markets, Concentrator, Wise Token, and infiniFi.

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.