Logo of RibbonRibbon(RBN)
Total Value Locked$3.18m

TVL by Chain

Ethereum$2.78m

Solana$325,239

Avalanche$78,508

BSC$11.35

Key Metrics

Fees (Annualized)$153,325
Cumulative Fees$134,002

Ethereum$128,604

Avalanche$5,398

Staked$0

Total Raised$8.75m

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

Protocol Information

Structured products protocol

CategoryOptions Vault

Audits:

WebsiteTwitter

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

Katana ($1.38m)Chest Finance ($719,676)3Jane Options ($82,294)Olive ($46,168)Bonsai Strike ($6,104)dVOL ($25.28)Grappa Finance ($0.45)Friktion