Tectonic
Overview
TVL
$22.1M
Down 81% over 90 days
Live since
2021
Lent out to borrowers$133K· not in TVL
TVL, last 90 days
High
Full data
Security
AuditsAudit reports publishedRead the reports
Contract statusUpgradeableComptroller (TectonicCore) 0xb383…eEc0TONIC 0xDD73…c5B2
Upgrades controlled bySingle key0x9e3f…3f72
MultisigNone — a single key holds control
TimelockNone — admin changes take effect immediately
Track record
Through market stressCame through all 5UST/Luna collapse (May 2022) — kept 60% of its depositsFTX collapse (Nov 2022) — kept 56% of its depositsUSDC depeg (Mar 2023) — deposits grew 13%August 2024 crash — kept 99% of its depositsOctober 2025 liquidation cascade — kept 88% of its deposits
Exploit history
- 30 Aug 2026 — Donation Attack$124.5M lost · No reimbursement recorded
- 18 Nov 2024 — UnknownNo reimbursement recorded
- 22 Feb 2024 — Unknown$250K lost · No reimbursement recorded