Risk, Uncorked.

Research, post-mortems, and protocol updates on tokenized risk — depeg swaps, liquidity buffers, duration, and the primitives reshaping onchain finance.

How Cork Modernizes Insurance
Product

How Cork Modernizes Insurance

Insurance runs on outdated infrastructure. Cork's shared ledger fixes recordkeeping, reconciliation, and opens up new capital formation opportunities.

September 2026 5 minutes

Latest writing

Zyfai and bond.credit’s AI Agents Just Priced and Settled Risk on Cork with No Humans Involved
Agentic

Zyfai and bond.credit Agents Priced and Settled Risk on Cork

Cork, bond.credit, and Zyfai teamed up to create the first AI agent risk trade with no human in the loop.

August 2026 3 minutes
Discover the new and inherited risks that exist when AI agents become the dominant players in onchain markets.
Partnership

The Agentic Risk Surface Area

Discover the new and inherited risks that exist when AI agents become the dominant players in onchain markets.

Cork Research July 2026 5 min read
A Risk Layer Is Missing in the Agentic Finance Stack
Agentic

A Risk Layer Is Missing in the Agentic Finance Stack

The agentic finance stack is evolving quickly but risk continues to be its most consequential gap.

July 2026 3 minutes
Crypto’s UX Identity Crisis in the Age of Agentic Finance
Agentic

Crypto’s UX Identity Crisis in the Age of Agentic Finance

UX design for crypto apps and protocols is changing from being human-centered to agent-centered.

July 2026 3 minutes
One Layer, Multiple Risk Solutions for Agentic Finance
Agentic

One Layer, Multiple Risk Solutions for Agentic Finance

Once risk is treated as an asset class, every risk vector in agentic finance becomes a coverage market.

July 2026 3 minutes
Case Study: Vault Bridge Tapped Cork to Pioneer Productive Approach to Liquidity Reserves
Case Study

Case Study: Vault Bridge Tapped Cork to Pioneer Productive Approach to Liquidity Reserves

Learn how Cork's external liquidity buffer replaced a $5M idle cash reserve and unlocked yield under stress-tests

May 2026 10 minutes
Looping Across DeFi: LSTs, Stablecoins, Yield VaultTokens, and RWAs
Depeg

Looping Across DeFi: LSTs, Stablecoins, Yield VaultTokens, and RWAs

Looping strategies have met roadblocks in their expansion across DeFi. Now they can keep scaling with new risk primitives.

April 2026 10 minutes
What Is a Liquidity Buffer? Understanding DeFi's Missing Primitive
Liquidity

What Is a Liquidity Buffer? Understanding DeFi’s Missing Primitive

Liquidity buffers are key to welcoming new asset classes like RWAs to DeFi. Learn about the latest solutions.

April 2026 10 minutes
Assessing Liquidity Risk in DeFi
Liquidity

Assessing Liquidity Risk in DeFi

Liquidity risk is the new frontier for DeFi scalability. Learn how it can be measured, priced, and managed at scale.

Cork and Steakhouse Finance March 2026 15 minutes
How RWAs Are Used in DeFi Today
RWAs

How RWAs Are Used in DeFi Today

Real World Assets are reshaping DeFi. Short-duration RWAs integrate easily, but liquidity risk stalls long-duration assets. Discover Cork's solution to unlock their potential.

March 2026 5 min
Cork Pilots: Protected Loops on Avantgarde
Product

Cork Pilots: Protected Loops on Avantgarde

Cork and Avantgarde will launch Protected Loops, transforming RWA liquidity and bringing structured, underwritten risk primitives to onchain vaults.

February 2026 3 minutes
Cork Phoenix is Live on Ethereum Mainnet
Product

Cork Phoenix is Live on Ethereum Mainnet

Cork Phoenix launches programmable risk infrastructure for RWAs, vaults, and yield-bearing stablecoins.

January 2026 8 mins
Introducing Enscribe-powered ENS Naming Across All Cork Contracts
Product

Introducing Enscribe-powered ENS Naming Across All Cork Contracts

Enscribe-powered ENS naming makes every Cork contract human-readable and verifiable: reducing spoofing risk, audit friction, and integration mistakes.

January 2026 5 mins
Cork Raises $5.5M to Build the Future of Risk: Tokenized Risk Infrastructure for Onchain Finance
Company

Cork Raises $5.5M to Build the Future of Risk: Tokenized Risk Infrastructure for Onchain Finance

Cork raises $5.5M to bring tokenized risk markets to stablecoins, vaults, and RWAs—starting with Cork Phoenix.

January 2026 5 mins
Cork x Agglayer | Instant Withdrawal Liquidity
Liquidity

Cork x Agglayer | Instant Withdrawal Liquidity

Cork integrates into Agglayer’s Vault Bridge, providing instant liquidity buffers.

December 2025 5 mins
Existing Challenges for Scaling Onchain Vaults
Vaults

Existing Challenges for Scaling Onchain Vaults

A look at the 3 main bottlenecks that are in the way of greater onchain vault adoption beyond DeFi users and what can be done about them.

December 2025 8 mins
Measuring “Time to Cash” in Maple Vaults
Liquidity

Measuring “Time to Cash” in Maple Vaults

Measuring “time to cash” across three Maple vaults: syrupUSDC, MPLhysUSDC, and syrupUSDT

December 2025 15 mins
Introducing Protected Loops
Product

Introducing Protected Loops

Protected Loops: safe RWA looping with instant exit liquidity and atomic liquidations via Cork Pools.

December 2025 5 mins
Cork Security Framework: pioneering a new security posture for DeFi protocols
Security

Cork Security Framework: pioneering a new security posture for DeFi protocols

Cork is pioneering a full-stack, holistic security approach with Certora as Security Partner of Record

December 2025 15 mins
Cork x Certora x Hypernative: A New Approach to Security for Tokenized Risk Infrastructure
Security

Cork x Certora x Hypernative: A New Approach to Security for Tokenized Risk Infrastructure

Cork's partnership with Certora and Hypernative introduces a new continuous full-stack approach to security.

November 2025 3 mins
How Onchain Vaults Reimagine Traditional Financial Instruments
Vaults

How Onchain Vaults Reimagine Traditional Financial Instruments

Explore how onchain vaults mirror mutual funds, MMFs, and hedge funds while unlocking composability, transparency, and programmable yield in DeFi

November 2025 8 mins
Where is DeFi Today?
Research

Where is DeFi Today?

The State of DeFi 2025: Stablecoins, Staking and Institutional Flows | Cork Protocol

Robert Schmitt October 2025 8 mins
Is the Ethereum validator exit queue a ticking time-bomb in plain sight?
Duration

Is the Ethereum validator exit queue a ticking time-bomb in plain sight?

Ethereum’s validator exit queue is surging, raising duration risk for LSTs/LRTs and DeFi lending. Learn the mechanics, peg arbitrage, and unwind loops.

Robert Schmitt September 2025 8 mins
Inside the Onchain Vault Ecosystem: Asset Issuers, Protocols, and Risk Curators
Vaults

Inside the Onchain Vault Ecosystem: Asset Issuers, Protocols, and Risk Curators

From Morpho to Euler to Etherfi, see how vaults are transforming DeFi into programmable, risk-managed infrastructure across chains.

September 2025 8 mins read
Why is Everyone Launching DAT Companies?
Research

Why is Everyone Launching DAT Companies?

DATs use NAV arbitrage to boost crypto yield per share. This post explains the mechanics, risks, and why they’ve attracted $80B+ in assets.

Robert Schmitt August 2025 6 mins read
Duration Risk in DeFi: The Hidden Threat Behind Looping Unwinds and RWA Scaling Challenges
Duration

Duration Risk in DeFi: The Hidden Threat Behind Looping Unwinds and RWA Scaling Challenges

Learn how duration risk disrupts looping trades, limits RWA adoption, and the solutions shaping the next growth wave.

Robert Schmitt August 2025 10 mins read
Demystifying Onchain Vaults and the ERC-4626 Token Standard
Vaults

Demystifying Onchain Vaults and the ERC-4626 Token Standard

How ERC-4626 transforms onchain vaults, unlocking scalable yield strategies and institutional adoption.

August 2025 8 mins read
The Evolution of Onchain Vaults: From Aggregators to Curated Yield Infrastructure
Vaults

The Evolution of Onchain Vaults: From Aggregators to Curated Yield Infrastructure

The Timeline for Onchain Vaults (2020-2025) | Cork Protocol

August 2025 8 mins read
Post-Incident: Lessons Learned and Actions Taken
Security

Post-Incident: Lessons Learned and Actions Taken

After taking the immediate steps needed to react to the exploit, the team has been looking inward and planning ahead.

July 2025 8 minute read
Ethereum: The Internet Debt Machine
Research

Ethereum: The Internet Debt Machine

Ethereum is evolving into the Internet Debt Machine—transforming onchain credit, risk, and institutional finance.

Luke Chmiel - Head of Growth July 2025 10 mins read
May 28 2025 Exploit Post-Mortem
Security

May 28 2025 Exploit Post-Mortem

Detailed post-mortem of Cork Protocol's wstETH exploit—timeline, root causes, mitigation steps, and plans for enhanced DeFi security infrastructure.

June 2025 15 minute read
Different Types of Stablecoins and Their Depeg Risks
Depeg

Different Types of Stablecoins and Their Depeg Risks

The word “stablecoin” is being used to describe all sorts of fixed income instruments and structured products these days. However, not all stablecoins are created equal.

Cork Research May 2025 15 mins read
Who Made Money off the FDUSD Depeg?
Depeg

Who Made Money off the FDUSD Depeg?

Large holders were able to absorb the depeg risk and redirect the market for FDUSD from its $0.87 low point back to a $1.00 peg.

April 2025 5 mins read
Cork x Resolv | Tokenized Risk for RLP
Partnership

Cork x Resolv | Tokenized Risk for RLP

Resolv is integrating with Cork, introducing the wstUSR:RLP risk market.

April 2025 3 mins read
Cork: The Tokenized Risk Primitive Is Now Live
Product

Cork: The Tokenized Risk Primitive Is Now Live

Cork is launching its beta on Ethereum Mainnet with Lido, EtherFi, and Ethena.

Rob Schmitt March 2025 5 mins read
A Community Manifesto
Company

A Community Manifesto

Cork Protocol: A Community Manifesto

March 2025 3 minutes
Cork x Ethena | Tokenized Risk for USDe
Partnership

Cork x Ethena | Tokenized Risk for USDe

Cork and Ethena launch sUSDS:USDe & sUSDe:USDT markets

March 2025 3 mins read
Cork x Etherfi | Tokenized Risk for eETH
Partnership

Cork x Etherfi | Tokenized Risk for eETH

Cork and Etherfi launch the wstETH:weETH risk market

March 2025 3 mins read
Cork x Lido | Tokenized Risk for stETH
Partnership

Cork x Lido | Tokenized Risk for stETH

Cork partners with Lido to launch wETH:wstETH Depeg Swaps

March 2025 3 mins read