Ask about Cork Protocol · freeTotal Value Locked$5,372
TVL by Chain
Ethereum$5,372
Key Metrics
Total Raised$5.5m
Sep 9, 2024Round: Pre-SeedInvestors: Orange DAO, a16z, Ideo Ventures, Steakhouse Financial, Outliers Fund, Unbounded Capital
Jan 21, 2026$5.5mRound: SeedInvestors: a16z crypto, Road Capital, WAGMI Ventures, IDEO CoLab Ventures, BitGo, Hyperithm, Depo Ventures, Cooley, FunFair Ventures, Stake Capital, Gate Ventures, Peer Venture Partners, G-20 Group, 432 Ventures
Protocol Information
A programmable risk layer for onchain assets, including vault tokens, yield-bearing stablecoins, LSTs, and RWAs.
- Cork V1Insurance
- Cork PhoenixInsurance
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Hacks
Date: May 28, 2025
Protocol: Cork V1
Amount: $12m
Classification: Access Control
Technique: Improper Access Control
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Cork Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 1, 2025 to Oct 28, 2026.
All-time high TVL: $33.45m on May 27, 2025. All-time low TVL: $3,759 on Jun 26, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $5,959 |
| Sep 30, 2026 | $5,964 |
| Oct 1, 2026 | $5,991 |
| Oct 2, 2026 | $6,032 |
| Oct 3, 2026 | $5,986 |
| Oct 4, 2026 | $6,006 |
| Oct 5, 2026 | $6,070 |
| Oct 6, 2026 | $6,027 |
| Oct 7, 2026 | $5,994 |
| Oct 8, 2026 | $5,775 |
| Oct 9, 2026 | $5,585 |
| Oct 10, 2026 | $5,622 |
| Oct 11, 2026 | $5,653 |
| Oct 12, 2026 | $5,707 |
| Oct 13, 2026 | $5,598 |
| Oct 14, 2026 | $5,654 |
| Oct 15, 2026 | $5,363 |
| Oct 16, 2026 | $5,512 |
| Oct 17, 2026 | $5,488 |
| Oct 18, 2026 | $5,470 |
| Oct 19, 2026 | $5,471 |
| Oct 20, 2026 | $5,469 |
| Oct 21, 2026 | $5,543 |
| Oct 22, 2026 | $5,550 |
| Oct 23, 2026 | $5,418 |
| Oct 24, 2026 | $5,419 |
| Oct 25, 2026 | $5,360 |
| Oct 26, 2026 | $5,270 |
| Oct 27, 2026 | $5,289 |
| Oct 28, 2026 | $5,342 |
TVL at each month end, May 2025 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2025 | $20.88m |
| Jun 30, 2025 | $250,340 |
| Jul 31, 2025 | $180,740 |
| Aug 31, 2025 | $16,088 |
| Sep 30, 2025 | $9,882 |
| Oct 31, 2025 | $8,115 |
| Nov 30, 2025 | $6,523 |
| Dec 31, 2025 | $6,471 |
| Jan 31, 2026 | $5,988 |
| Feb 28, 2026 | $4,498 |
| Mar 31, 2026 | $4,701 |
| Apr 30, 2026 | $5,152 |
| May 31, 2026 | $4,710 |
| Jun 30, 2026 | $3,870 |
| Jul 31, 2026 | $4,482 |
| Aug 31, 2026 | $5,479 |
| Sep 30, 2026 | $5,964 |
| Oct 28, 2026 (latest) | $5,342 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/cork-protocol
Frequently asked questions
What is Cork Protocol's TVL?
As of Oct 28, 2026, Cork Protocol has $5,372 in total value locked. TVL has decreased 10.2% over the past 30 days.
What chains does Cork Protocol operate on?
Cork Protocol operates on Ethereum. Ethereum holds the largest share at 100%.
How does Cork Protocol's TVL compare to similar protocols?
Among Insurance protocols tracked by DefiLlama, Cork Protocol ranks #22 by TVL. The category holds $176.86m across 32 protocols, and Cork Protocol accounts for <0.1% of that total. Similar protocols include Nexus Mutual, Easedefi.org, Unslashed, Ensuro, Cozy Earn, Cover Protocol, Ante Finance, iTrust Finance, Sherlock, and InsurAce.
Has Cork Protocol ever been exploited?
Cork Protocol has 1 recorded security incident. The most recent incident occurred on May 28, 2025 and involved $12m. It was classified as Access Control.