Logo of Cork PhoenixCork Phoenix
Total Value Locked$6.96

TVL by Chain

Ethereum$6.96

Protocol Information

Cork Phoenix is a programmable risk layer for onchain assets. Users deposit a Collateral Asset to mint cPT (principal token) and cST (swap token). cST holders can swap their Reference Asset for the Collateral Asset at any time before expiry — providing guaranteed redemption liquidity against depeg risk.

CategoryInsurance
WebsiteTwitter

Methodology

TVL: Sum of collateral assets (deposited by LPs) and reference assets (accumulated via cST exercise) locked across all Cork Phoenix pools on the CorkPoolManager contract.View code on GitHub

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