Logo of RaftRaft(RAFT)
Total Value Locked$20,169.4

TVL by Chain

Ethereum$20,169.4

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: Token & Share Accounting

Technique: Infinite Mint

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Sky Lending ($5.682b)USDD ($1.277b)Liquity V1 ($179.6m)crvUSD ($87.95m)Liquity V2 ($87.31m)Frankencoin ($80.25m)Inverse Finance FiRM ($28.84m)Reservoir Protocol ($26.8m)BIMA CDP ($9.18m)Abracadabra Spell ($4.7m)

Frequently Asked Questions

What is Raft's TVL?

Raft currently has $20,169.4 in total value locked. TVL has increased 30.6% 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 #117 by TVL. The category holds $7.975b across 203 protocols, and Raft accounts for <0.1% of that total. Other leading protocols include Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Frankencoin, Inverse Finance FiRM, Reservoir Protocol, BIMA CDP, and Abracadabra Spell.

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 Token & Share Accounting.