Ask about Raft
Logo of RaftRaft(RAFT)
Total Value Locked$15,365.63

TVL by Chain

Ethereum$15,365.63

Key Metrics

Staked$0

Treasury$0

$0

Stablecoins$0

Own Tokens$0

Others$0

Protocol Information

Raft is a DeFi protocol that lets you generate R by depositing liquid staking tokens (LSDs) as collateral, providing a capital-efficient way to borrow while keeping your staking rewards.

Category:CDP

Audits:

GitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubTreasury: Value of tokens owned by the protocol

Hacks

Date: Nov 10, 2023

Amount: $3.3m

Classification: Protocol Logic

Technique: Infinite Mint and Dump

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Sky Lending ($5.632b)USDD ($1.291b)Liquity V1 ($137.17m)crvUSD ($72.63m)Liquity V2 ($70.49m)Frankencoin ($67.87m)Reservoir Protocol ($30.63m)Inverse Finance FiRM ($20.51m)BIMA CDP ($7.19m)Inverse Finance Frontier ($4.96m)

Frequently Asked Questions

What is Raft?

Raft is a DeFi protocol that lets you generate R by depositing liquid staking tokens (LSDs) as collateral, providing a capital-efficient way to borrow while keeping your staking rewards.

What is Raft's TVL?

Raft currently has $15,365.63 in total value locked. TVL has increased 6.8% over the past 30 days.

What chains does Raft operate on?

Raft operates on Ethereum. Ethereum holds the largest share at 100%.

How does Raft's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Raft ranks #110 by TVL. The category holds $7.861b across 190 protocols, and Raft accounts for <0.1% of that total. Other leading protocols include Sky, USDD, and Lista DAO.

Does Raft have a treasury?

Raft has a tracked treasury currently valued at $0.

Has Raft ever been exploited?

Raft has 1 recorded security incident. The most recent incident occurred on Nov 10, 2023 and involved $3.3m. It was classified as Protocol Logic.