Total Value Locked$3,956
TVL by Chain
Ethereum$3,956
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
The tokenized risk protocol. Hedge, trade, and earn on the risk that stablecoins, LSTs, & LRTs lose their peg
CategoryInsurance
Methodology
TVL: TVL accounts for all assets deposited into the Cork smart contracts.View code on GitHubHacks
Date: May 28, 2025
Amount: $12m
Classification: Protocol Logic
Technique: Access control bypass via hook
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol