Ask about Cozy FinanceKey Metrics
Active Loans$12,485
Total Raised$17m
Sep 3, 2020$2mRound: SeedInvestors: Dragonfly Capital, Edward Moncada, Electric Capital, Robot Ventures, Slow Ventures, Spencer Noon, Variant Fund, Volt Capital
May 13, 2021$15mRound: Investors: Polychain Capital
Protocol Information
Cozy is an open-source protocol for automated and trust-minimized Protection Markets
Category:Insurance
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
User Activity
Active Addresses (24h)0
New Addresses (24h)0
Transactions (24h)0
Gas Used (24h)0 ETH
Gas Cost (24h)$0
Hacks
Date: Aug 30, 2025
Protocol: Cozy V2
Amount: $427,000
Classification: Protocol Logic
Technique: Insufficient Sender Verification Exploit
Chains: Optimism
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Cozy Finance?
Cozy is an open-source protocol for automated and trust-minimized Protection Markets
What is Cozy Finance's TVL?
Cozy Finance currently has $997,115 in total value locked. TVL has decreased 24.7% over the past 30 days.
What chains does Cozy Finance operate on?
Cozy Finance operates on 2 chains: Ethereum and OP Mainnet. Ethereum holds the largest share at 82.8%.
How does Cozy Finance's TVL compare to similar protocols?
Among Insurance protocols tracked by DefiLlama, Cozy Finance ranks #6 by TVL. The category holds $104.28m across 28 protocols, and Cozy Finance accounts for 1% of that total. Other leading protocols include Nexus Mutual, Easedefi.org, and 3F Mutual.
How much has been borrowed through Cozy Finance?
Cozy Finance currently has $12,485 in active loans.
Has Cozy Finance ever been exploited?
Cozy Finance has 1 recorded security incident. The most recent incident occurred on Aug 30, 2025 and involved $427,000. It was classified as Protocol Logic.