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DefiPanter » Protocols by TVL » Defrost

Defrost (MELT)

Protocols by TVL · avalanche
Total value locked (TVL)
$82.08K

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Information

Defrost Finance is a decentralized protocol that allows you to leverage yield-bearing Tokens or other pool tokens from Avalanche and cross-chain protocols as collaterals for generating H2O, a USD-pegged stablecoin.

Security incidents

  • Date2022-12-24
  • Amount$12.00M
  • ClassificationKey compromise
  • TechniquePrivate key compromised
  • Affected chains avalanche
  • Target typeDeFi protocol
  • Returned funds$6.00M

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