Making risk an asset
Cork turns risk into an asset you can price, back, and trade. We're starting with two markets:
One engine. Any measurable risk.
Companies, funds, and insurers use Cork to price, tokenize, and sell risk. Every market runs on the same contracts. Only the settings change.
1
Create a risk market
2
Tokenize both sides
3
Build capital markets
Same contracts, different risks
- Depeg
- Redemption liquidity
- Protected loops
- NAV drawdown
- Slashing
- Insurance policy
If a risk can be measured, Cork can make a market for it.
Live onchain markets
- Depeg Resilience Ethereum Live A guaranteed exit at a set price if an asset loses its peg. Pre-funded. Usable during the event.
- On-demand Liquidity Ethereum Live Exit a vault or fund position at NAV, instantly, with no queue.
- Composite Yield Ethereum Live Earn premium for underwriting risk, on top of the yield your collateral already earns.
- Protected Loops Ethereum Live Leverage with a built-in exit. The position unwinds at a known price. No outside liquidators.
Ethereum Onchain finance is growing. Its protection isn't.
$300B in stablecoins
$20B in tokenized RWAs
$64B in DeFi lending
95–98% of the $120–160B in onchain finance has no risk coverage
Cork is live
Launched 
Base
Base Cork Phoenix is live on Ethereum, Arbitrum, and Base.
Audited 
Audited by Certora and ChainSecurity, including formal verification.
Integrated 
+ more
+ more Curators and issuers building on Cork.
Backed 
Backed by a16z crypto and others.
Turn your risk into an asset
Tell us what risk you carry. We'll show you the market for it.
Contact us →