Sovryn Dex
Overview
TVL
$8.7M
Up 2% over 90 days
Live since
2021
Staked governance tokens$708K· not in TVL
TVL, last 90 days
Low
Most data
Security
AuditsAudit reports publishedRead the reports
Contract statusVerifiedsovrynProtocol 0x5a0d…eaa7
Admin controlOn-chain governance, behind a timelock
MultisigNone — changes are decided by an on-chain vote
Timelock2 days before changes take effect
Track record
Through market stressCame through all 5UST/Luna collapse (May 2022) — kept 46% of its depositsFTX collapse (Nov 2022) — kept 80% of its depositsUSDC depeg (Mar 2023) — deposits grew 5%August 2024 crash — kept 100% of its depositsOctober 2025 liquidation cascade — kept 66% of its deposits
Exploit historyNone recorded