DeFiPunk'd

Curvance

Lending

TVL $128.7M
Type Lending
Chain Monad
View on DeFiLlama ↗
Control criteria
Upgradeability Unknown Bug bounty docs.curvance.com Governance forum — Docs docs.curvance.com
About

Curvance is a lending and borrowing protocol deployed on Monad Mainnet that lets users deposit crypto assets as collateral, borrow against them, and earn yield simultaneously. The protocol uses ERC4626-based cTokens (collateral and borrowable variants) organized into isolated MarketManagers, each focused on a specific financial thesis (e.g., LST markets, stablecoin markets). Users interact via PositionManagers and Zapper plugins; CVE token emissions are distributed through per-market GaugeManagers with optional vote-escrow locking for boosted rewards.

Risk analysis

One card per dimension, sorted by severity. Only Verifiability and Autonomy carry automated signals in Phase 0. See methodology for scope.

Audit a dimension yourself · DEFI@home Contribute an LLM-run assessment — any model, any dimension. Three agreeing runs merge automatically into the public record.

DEFI@home is a distributed audit network modeled on SETI@home: instead of CPU cycles, it crowdsources LLM reasoning. Paste a slice prompt into Claude, ChatGPT, Gemini, or any browsing-capable model, and submit the JSON output as a pull request. The quorum bot merges it once ≥3 independent runs (from different models) reach the same grade — no single model, and no single contributor, can move the needle alone. How it works →

  • Address discovery 79 addresses on file · 1 run Submit run ↗
  • Verifiability Unverified Submit run ↗
  • Control Unverified Submit run ↗
  • Ability to exit Unverified Submit run ↗
  • Autonomy Unverified Submit run ↗
  • Open Access Unverified Submit run ↗
  • Audit all 5 dimensions · one prompt Submit run ↗
  1. Verifiability tentative
    Open source + 7 audits

    Protocol publishes a GitHub repository and has at least one audit on record. This is a coarse Phase-0 signal only: auditor reputation, scope, and post-audit review coverage are not yet weighted.

    Run your own prompt Submit run ↗
4 dimensions not yet assessed (Control, Ability to exit, Autonomy, Open Access)
  1. Control unknown Unverified
    Not yet assessed

    Who holds admin privileges, how contracts can be upgraded, and how quickly. No automated heuristic grades this at Phase 0; a real assessment arrives when onchain discovery reads roles, owners, and timelocks.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  2. Ability to exit unknown Unverified
    Not yet assessed

    Whether users can exit on their own terms if the team disappears or acts adversarially. Requires per-protocol review; not available at Phase 0.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  3. Autonomy unknown Unverified
    No Phase-0 autonomy signal

    Neither the category heuristic nor the forkedFrom signal fires for this protocol. A real autonomy graph (oracles, bridges, fallbacks, governance-mutable dependencies) arrives with Phase-2 onchain discovery.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  4. Open Access unknown Unverified
    Not yet assessed

    Whether the protocol depends on privileged operators, whitelists, geo-restrictions, or off-chain infrastructure. This is not a signal DeFiLlama carries in a usable form; crawler-based detection lands in a later phase.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗

Stage

Preview of the Phase-3 maturity framework. DeFiPunk'd will adopt DeFiScan v2's stages verbatim; the section is rendered below in its intended shape so the structure is visible today.

Curvance has not yet been assessed under the DeFiScan v2 stage framework.
The walkaway test is the central criterion. Once stages land, protocols reach Stage 1 only if users can exit in the presence of malicious operators even when the emergency council disappears.
Scope of assessment
Stages are assessed per-protocol against DeFiScan v2's criteria: governance structure, upgradeability path, timelock durations, emergency-council scope, and the walkaway test. The analysis depends on onchain discovery (roles, owners, timelocks) and deeper review of deployed contracts — neither of which DeFiPunk'd automates at Phase 0.
Stage 0 requirements pending
Governance is largely off-chain, contracts are upgradeable with short or no timelock, and the protocol depends on a multisig or team with full discretion. At Phase 0 DeFiPunk'd does not automatically evaluate these; the assessment lands with crawler-based onchain discovery.
Stage 1 requirements pending
Users can exit or opt out on their own terms even if the team disappears. Upgrades run through a meaningful timelock with an emergency security council clearly scoped. The walkaway test is the headline criterion.
Stage 2 requirements pending
Protocol is fully permissionless and immutable, or upgrades require a supermajority of token holders with a long timelock and no emergency override. This is the terminal stage of the DeFiScan v2 framework.
Learn more about DeFiScan v2 stages →
Stages are an opinionated assessment of maturity, not a rating of security or safety. A protocol can sit at Stage 2 and still carry substantial technical or economic risk; the framework exists to incentivize decentralization, not to rank protocols.

Contract surface

Every contract in scope for this protocol — pooled from DeFiLlama's TVL adapter (mechanical) and DEFI@home discovery submissions (LLM-curated). Verified-source flags come from Etherscan + Sourcify; owner / multisig metadata is read on-chain when available. Reviewer audit context, not a slice score. A lending protocol's adapter set will list third-party collateral tokens alongside its own contracts; attribution is the grader's job.

  • 79addresses
  • 0verified source
  • 0proxies

TVL adapter pinned at 683d369. Sourcecode fetched 2026-05-06. Control fetched 2026-08-06.

Monadadmin0x1310…12ffdiscovery————
Monadoracle (ChainlinkAdaptor)0xacfe…9c00discovery———oracle
Monadoracle (Oracle Manager)0x32fa…cdb6discovery———oracle
Monadoracle (RedstoneClassicAdaptor)0x0fa6…331ediscovery———oracle
Monadoracle (RedstoneCoreAdaptor)0x1779…16d8discovery———oracle
Monadother (AUSD DynamicIRM, loAZND market)0xf4e1…95aadiscovery————
Monadother (AUSD DynamicIRM, muBOND market)0x08dc…8cd5discovery————
Monadother (cAUSD DynamicIRM, earnAUSD market)0x46e2…b904discovery————
Monadother (cAUSD DynamicIRM, sAUSD market)0x22dc…07bbdiscovery————
Monadother (cAUSD DynamicIRM, WMON/AUSD market)0x72cb…d1badiscovery————
Monadother (cUSDC DynamicIRM, WBTC/USDC market)0x9f57…1e86discovery————
Monadother (cUSDC DynamicIRM, WETH/USDC market)0x034f…ab26discovery————
Monadother (cUSDC DynamicIRM, WMON/USDC market)0x1622…afb4discovery————
Monadother (cWBTC DynamicIRM)0x8a78…1adediscovery————
Monadother (cWETH DynamicIRM, ezETH market)0xf23d…2a23discovery————
Monadother (cWETH DynamicIRM, WETH/USDC market)0x8c82…7739discovery————
Monadother (cWMON DynamicIRM, aprMON market)0x0d44…13f4discovery————
Monadother (cWMON DynamicIRM, WMON/USDC market)0x5026…87b4discovery————
Monadother (NativePositionManager, aprMON market)0x82f8…67c8discovery————
Monadother (NativePositionManager, shMON market)0x2faa…72fediscovery————
Monadother (ProtocolReader view contract)0x878c…a6d2discovery————
Monadother (SimplePositionManager, aprMON market)0x6697…1770discovery————
Monadother (SimplePositionManager, earnAUSD market)0xd807…b881discovery————
Monadother (SimplePositionManager, ezETH market)0xd8d3…c584discovery————
Monadother (SimplePositionManager, gMON market)0x77b9…66eediscovery————
Monadother (SimplePositionManager, loAZND market)0x9e46…a917discovery————
Monadother (SimplePositionManager, muBOND market)0xa3d2…29e4discovery————
Monadother (SimplePositionManager, sAUSD market)0x491e…fd57discovery————
Monadother (SimplePositionManager, shMON market)0x7e87…9d5ediscovery————
Monadother (SimplePositionManager, sMON market)0x3d6b…11ecdiscovery————
Monadother (SimplePositionManager, WBTC/USDC market)0x8ca5…57f6discovery————
Monadother (SimplePositionManager, WETH/USDC market)0x3a1b…ff73discovery————
Monadother (SimplePositionManager, WMON/AUSD market)0x2619…8c74discovery————
Monadother (SimplePositionManager, WMON/USDC market)0x960c…20efdiscovery————
Monadother (VaultPositionManager, sAUSD market)0xe94a…41a1discovery————
Monadother (WMON DynamicIRM, gMON market)0x034c…5c7bdiscovery————
Monadother (WMON DynamicIRM, shMON market)0x16cb…b1bcdiscovery————
Monadpool (caprMON/cWMON Market Manager)0x5ea0…b1acdiscovery————
Monadpool (cearnAUSD/cAUSD and cWMON/cAUSD Market Manager — shared address)0xd636…8545discovery————
Monadpool (cezETH/cWETH Market Manager)0x8384…7c37discovery————
Monadpool (cgMON/cWMON Market Manager)0xb00a…e42fdiscovery————
Monadpool (cloAZND/AUSD Market Manager)0x7c82…4f90discovery————
Monadpool (cmuBOND/AUSD Market Manager)0x830d…c944discovery————
Monadpool (csAUSD/cAUSD Market Manager)0xbbe7…41ebdiscovery————
Monadpool (cshMON/cWMON Market Manager)0xe1c2…43e2discovery————
Monadpool (csMON/cWMON Market Manager)0xe597…d05bdiscovery————
Monadpool (cWBTC/cUSDC Market Manager)0x01c4…aea9discovery————
Monadpool (cWETH/cUSDC Market Manager)0xb3e9…bb49discovery————
Monadpool (cWMON/cUSDC Market Manager)0xa6a2…1093discovery————
Monadrouter (NativeVaultZapper plugin)0xbfe3…5ec0discovery———router
Monadrouter (SimpleZapper plugin)0x91da…b22ediscovery———router
Monadrouter (VaultZapper plugin)0x9cb6…13f1discovery———router
Monadtimelock0x2677…8c08discovery———timelock
Monadvault (caprMON cToken)0xd9e2…ab26discovery———vault
Monadvault (cAUSD cToken, loAZND market)0xdadb…983ddiscovery———vault
Monadvault (cAUSD cToken, muBOND market)0x2b4e…09ecdiscovery———vault
Monadvault (cAUSD cToken, WMON/AUSD market)0x6e18…04d8discovery———vault
Monadvault (cearnAUSD cToken)0x852f…263ddiscovery———vault
Monadvault (cezETH cToken)0x20f1…220bdiscovery———vault
Monadvault (cgMON cToken)0x5ca6…f11fdiscovery———vault
Monadvault (cloAZND cToken)0xf7a6…a735discovery———vault
Monadvault (cmuBOND cToken)0x92ee…dbf1discovery———vault
Monadvault (csAUSD cToken, earnAUSD market)0xad4a…abf2discovery———vault
Monadvault (csAUSD cToken)0x84c5…d9acdiscovery———vault
Monadvault (cshMON cToken)0x926c…6230discovery———vault
Monadvault (csMON cToken)0x4948…c928discovery———vault
Monadvault (cUSDC cToken, WBTC/USDC market)0x7c9d…6f1ddiscovery———vault
Monadvault (cUSDC cToken, WETH/USDC market)0x21ad…97b5discovery———vault
Monadvault (cUSDC cToken, WMON/USDC market)0x8ee9…1774discovery———vault
Monadvault (cWBTC cToken)0x3d2f…28d5discovery———vault
Monadvault (cWETH cToken, ezETH market)0xa206…0227discovery———vault
Monadvault (cWETH cToken, WETH/USDC market)0x8af0…7d50discovery———vault
Monadvault (cWMON cToken, aprMON market)0xf32b…84f2discovery———vault
Monadvault (cWMON cToken, gMON market)0xf473…c925discovery———vault
Monadvault (cWMON cToken, shMON market)0x0fce…b183discovery———vault
Monadvault (cWMON cToken, sMON market)0xebe4…d708discovery———vault
Monadvault (cWMON cToken, WMON/AUSD market)0xe01d…22eddiscovery———vault
Monadvault (cWMON cToken, WMON/USDC market)0x1e24…10d4discovery———vault
Monadvault (sAUSD token, Agora sAUSD market)0xfd49…d73cdiscovery———token

Protocol Info

Links

[defillama] Source: DeFiLlama [:] Source: DEFI@home quorum
Twitter
@Curvance

Security

[curated] Source: curated human overlay [:] Source: DEFI@home quorum
Security contact
security@curvance.com

Technical

[:] Source: DEFI@home quorum
Upgradeability
Unknown

Provenance

[defillama] Source: DeFiLlama
Review status
listed
Updated
2026-09-28 12:50 UTC