Total Value Locked$4,753
TVL by Chain
Ethereum$4,753
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
Hacks
Date: May 28, 2025
Amount: $12m
Classification: Access Control
Technique: Improper Access Control
On May 28, 2025, Cork Protocol suffered a $12 million exploit when an attacker created fraudulent market structures with an unprotected beforeSwap hook lacking authorization checks. Missing input validation on market configuration and token validation logic allowed the attacker to create fake token derivatives, draining 3,761 wstETH.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Cork V1 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 1, 2025 to Nov 12, 2026.
All-time high TVL: $33.45m on May 27, 2025. All-time low TVL: $3,753 on Jun 26, 2026.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $5,647 |
| Oct 15, 2026 | $5,356 |
| Oct 16, 2026 | $5,505 |
| Oct 17, 2026 | $5,481 |
| Oct 18, 2026 | $5,463 |
| Oct 19, 2026 | $5,464 |
| Oct 20, 2026 | $5,462 |
| Oct 21, 2026 | $5,536 |
| Oct 22, 2026 | $5,543 |
| Oct 23, 2026 | $5,411 |
| Oct 24, 2026 | $5,412 |
| Oct 25, 2026 | $5,353 |
| Oct 26, 2026 | $5,263 |
| Oct 27, 2026 | $5,282 |
| Oct 28, 2026 | $5,335 |
| Oct 29, 2026 | $5,353 |
| Oct 30, 2026 | $5,106 |
| Oct 31, 2026 | $5,129 |
| Nov 1, 2026 | $5,185 |
| Nov 2, 2026 | $5,228 |
| Nov 3, 2026 | $5,152 |
| Nov 4, 2026 | $5,166 |
| Nov 5, 2026 | $5,494 |
| Nov 6, 2026 | $5,129 |
| Nov 7, 2026 | $5,144 |
| Nov 8, 2026 | $5,120 |
| Nov 9, 2026 | $4,947 |
| Nov 10, 2026 | $4,914 |
| Nov 11, 2026 | $4,775 |
| Nov 12, 2026 | $4,779 |
TVL at each month end, May 2025 to Nov 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 | $4,704 |
| Jun 30, 2026 | $3,864 |
| Jul 31, 2026 | $4,475 |
| Aug 31, 2026 | $5,472 |
| Sep 30, 2026 | $5,957 |
| Oct 31, 2026 | $5,129 |
| Nov 12, 2026 (latest) | $4,779 |
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-v1
Frequently asked questions
What is Cork V1's TVL?
As of Nov 12, 2026, Cork V1 has $4,753 in total value locked. TVL has decreased 15% over the past 30 days.
What chains does Cork V1 operate on?
Cork V1 operates on Ethereum. Ethereum holds the largest share at 100%.
How does Cork V1's TVL compare to similar protocols?
Among Insurance protocols tracked by DefiLlama, Cork V1 ranks #22 by TVL. The category holds $150.52m across 33 protocols, and Cork V1 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 USD8.
Has Cork V1 ever been exploited?
Cork V1 has 1 recorded security incident. The most recent incident occurred on May 28, 2025 and involved $12m. It was classified as Access Control.