Conic Finance protocol
Overview
Conic Finance was a DeFi protocol that created omnipools allocating deposits across Curve pools; it was exploited in July 2023 and shut down in March 2025. It aimed to automate yield optimization from Curve's CRV and Convex's CVX emissions, and its governance token was CNC. In July 2023 the protocol suffered two exploits (roughly $3.3 million total, the first via a read-only reentrancy attack). Unable to fully remediate the security flaws, the team wound the protocol down and it shut down on 8 March 2025; it is defunct as of 2026-07-15.
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Frequently asked questions
What is Conic Finance?
Conic Finance is a DeFi protocol that creates omnipools, which are single-sided liquidity pools that allocate deposited assets to a diversified set of Curve pools.
What does Conic Finance aim to do?
It aims to simplify and automate yield optimization from Curve's CRV and Convex's CVX emissions by aggregating liquidity and bribery strategies.
What type of pools does Conic Finance create?
Conic Finance creates omnipools, which are single-sided liquidity pools.