Ask about Cork Protocol · freeTotal Value Locked$5,141
TVL by Chain
Ethereum$5,141
Key Metrics
Total Raised$5.5m
Sep 9, 2024Round: Pre-SeedInvestors: Orange DAO, a16z, Ideo Ventures, Steakhouse Financial, Outliers Fund, Unbounded Capital
Jan 21, 2026$5.5mRound: SeedInvestors: a16z crypto, Road Capital, WAGMI Ventures, IDEO CoLab Ventures, BitGo, Hyperithm, Depo Ventures, Cooley, FunFair Ventures, Stake Capital, Gate Ventures, Peer Venture Partners, G-20 Group, 432 Ventures
Protocol Information
A programmable risk layer for onchain assets, including vault tokens, yield-bearing stablecoins, LSTs, and RWAs.
- Cork V1Insurance
- Cork PhoenixInsurance
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Hacks
Date: May 28, 2025
Protocol: Cork V1
Amount: $12m
Classification: Access Control
Technique: Improper Access Control
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Cork Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 1, 2025 to Oct 30, 2026.
All-time high TVL: $33.45m on May 27, 2025. All-time low TVL: $3,759 on Jun 26, 2026.
Daily TVL, Oct 1, 2026 to Oct 30, 2026
| Date | TVL |
|---|---|
| Oct 1, 2026 | $5,991 |
| Oct 2, 2026 | $6,032 |
| Oct 3, 2026 | $5,986 |
| Oct 4, 2026 | $6,006 |
| Oct 5, 2026 | $6,070 |
| Oct 6, 2026 | $6,027 |
| Oct 7, 2026 | $5,994 |
| Oct 8, 2026 | $5,775 |
| Oct 9, 2026 | $5,585 |
| Oct 10, 2026 | $5,622 |
| Oct 11, 2026 | $5,653 |
| Oct 12, 2026 | $5,707 |
| Oct 13, 2026 | $5,598 |
| Oct 14, 2026 | $5,654 |
| Oct 15, 2026 | $5,363 |
| Oct 16, 2026 | $5,512 |
| Oct 17, 2026 | $5,488 |
| Oct 18, 2026 | $5,470 |
| Oct 19, 2026 | $5,471 |
| Oct 20, 2026 | $5,469 |
| Oct 21, 2026 | $5,543 |
| Oct 22, 2026 | $5,550 |
| Oct 23, 2026 | $5,418 |
| Oct 24, 2026 | $5,419 |
| Oct 25, 2026 | $5,360 |
| Oct 26, 2026 | $5,270 |
| Oct 27, 2026 | $5,289 |
| Oct 28, 2026 | $5,342 |
| Oct 29, 2026 | $5,360 |
| Oct 30, 2026 | $5,113 |
TVL at each month end, May 2025 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2025 | $20.88m |
| Jun 30, 2025 | $250,340 |
| Jul 31, 2025 | $180,740 |
| Aug 31, 2025 | $16,088 |
| Sep 30, 2025 | $9,882 |
| Oct 31, 2025 | $8,115 |
| Nov 30, 2025 | $6,523 |
| Dec 31, 2025 | $6,471 |
| Jan 31, 2026 | $5,988 |
| Feb 28, 2026 | $4,498 |
| Mar 31, 2026 | $4,701 |
| Apr 30, 2026 | $5,152 |
| May 31, 2026 | $4,710 |
| Jun 30, 2026 | $3,870 |
| Jul 31, 2026 | $4,482 |
| Aug 31, 2026 | $5,479 |
| Sep 30, 2026 | $5,964 |
| Oct 30, 2026 (latest) | $5,113 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/cork-protocol
Frequently asked questions
What is Cork Protocol's TVL?
As of Oct 30, 2026, Cork Protocol has $5,141 in total value locked. TVL has decreased 13.8% over the past 30 days.
What chains does Cork Protocol operate on?
Cork Protocol operates on Ethereum. Ethereum holds the largest share at 100%.
How does Cork Protocol's TVL compare to similar protocols?
Among Insurance protocols tracked by DefiLlama, Cork Protocol ranks #22 by TVL. The category holds $169.07m across 32 protocols, and Cork Protocol accounts for <0.1% of that total. Similar protocols include Nexus Mutual Insurance, Easedefi.org, Unslashed, Ensuro, Cozy Earn, Cover Protocol, iTrust Finance, Ante Finance, Sherlock, and InsurAce.
Has Cork Protocol ever been exploited?
Cork Protocol has 1 recorded security incident. The most recent incident occurred on May 28, 2025 and involved $12m. It was classified as Access Control.