Logo of RibbonRibbon(RBN)
Total Value Locked$3.47m

TVL by Chain

Ethereum$3.06m

Solana$332,930.99

Avalanche$77,789.11

BSC$11.78

Key Metrics

Fees (Annualized)$153,325.17
Cumulative Fees$134,002

Ethereum$128,604

Avalanche$5,398

Staked$0

$RBN Liquidity$802,579

Uniswap V3$802,579

Total Raised$8.75m

Mar 23, 2022$8.75mRound: Series A+Investors: Paradigm

Protocol Information

Structured products protocol

Category:Options Vault

Audits:

Methodology

TVL: Sums the totalBalance of all Ribbon Theta VaultsView code on GitHubFees: Trading fees paid by users.View code on GitHub

Hacks

Date: Dec 12, 2025

Amount: $2.7m

Classification: Protocol Logic

Technique: Private Key Compromised

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Ribbon?

Structured products protocol

What is Ribbon's TVL?

Ribbon currently has $3.47m in total value locked. TVL has increased 1.9% over the past 30 days.

What chains does Ribbon operate on?

Ribbon operates on 4 chains: Ethereum, BSC, Solana, and Avalanche. Ethereum holds the largest share at 88.2%.

Has Ribbon ever been exploited?

Ribbon has 1 recorded security incident. The most recent incident occurred on Dec 12, 2025 and involved $2.7m. It was classified as Protocol Logic.