Bancor V3
Overview
TVL
$17.8M
Up 16% over 90 days
Live since
2022
TVL, last 90 days
High
Full data
Security
AuditsAudited by OpenZeppelin, Certora and PeckShield, August 2022Audit page
Contract statusAll contracts verified, upgradeableMasterVault 0x6497…c373BancorNetwork 0xeEF4…D4fB
Upgrades controlled bySingle key0xe01E…5370
MultisigNone — a single key holds control
TimelockNone — admin changes take effect immediately
Track record
Through market stressCame through all 4FTX collapse (Nov 2022) — kept 80% of its depositsUSDC depeg (Mar 2023) — kept 93% of its depositsAugust 2024 crash — kept 88% of its depositsOctober 2025 liquidation cascade — kept 66% of its deposits
Exploit history
- 18 Jun 2020 — Improper Access Control$545K lost · No reimbursement recorded
- 9 Jul 2018 — Hot Wallet Key Compromised$23.5M lost · No reimbursement recorded