Cork Phoenix
Cork Phoenix is a programmable risk layer for onchain assets. Users deposit a Collateral Asset to mint cPT (principal token) and cST (swap token). cST holders can swap their Reference Asset for the Collateral Asset at any time before expiry — providing guaranteed redemption liquidity against depeg risk.
TVL history
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TVL by chain
Key facts
- Category
- Insurance
- Chains
- 1
- Token
- —
- Oracles
- —
- Audits
- None listed
- Listed
- May 2026
Similar Insurance protocols
How this TVL is counted
Sum of collateral assets (deposited by LPs) and reference assets (accumulated via cST exercise) locked across all Cork Phoenix pools on the CorkPoolManager contract.
Frequently asked questions
What is Cork Phoenix’s TVL?
Cork Phoenix has $7.08 in total value locked, +0.08% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.
Which chains is Cork Phoenix on?
Cork Phoenix runs on 1 chain; the most value sits on Ethereum ($7.08).
What kind of protocol is Cork Phoenix?
Cork Phoenix is listed under Insurance, where it ranks #25 by TVL.
Data aggregated from public third-party market sources. For informational purposes only — not investment advice.