Cod3x
Summary
Cod3x (CDX) is a rebranded DeFi and AI-agent platform launched in February 2025, consolidating several prior protocols built by the Byte Masons development collective — including Reaper Farm, Granary Finance, and the OATH Foundation — under a unified 'DeFAI' vision. The team has operated continuously since 2021, is publicly identified under founder Justin Bebis, and previously managed billions in TVL across Fantom and Optimism. The project carries material historical risk: Reaper Farm suffered a $1.7 million access-control exploit in August 2022, and the Ironclad protocol — a remaining Byte Masons-adjacent lending market — was affected by the February 2025 Ionic Money exploit contagion. CDX launched at an all-time high of approximately $0.25 in February 2025 and had fallen over 80% to an all-time low near $0.017 by May 2025, as of the time of this investigation.
Timeline(12 events)
2021-06-01
Byte Masons development collective founded on Fantom blockchain by Justin Bebis.
Fantom Foundation blog / ICOholder2022-01-01
Byte Masons launches OATH governance token after eight months of bootstrapped operation, without VC funding.
Byte Masons Medium / ICOholder2022-08-01
Reaper Farm exploited for approximately $1.7 million via access-control vulnerability in multi-strategy vault contracts on Fantom. Funds bridged to Ethereum and laundered through Tornado Cash.
Web3 Is Going Great2022-08-02
Reaper Farm announces recovery plan: full user compensation via OATH token treasury sale and existing assets. Affected vaults removed from protocol.
The Layer2023-01-01
Ethos Reserve launches on Optimism as a CDP-backed stablecoin protocol issuing ERN (Ethos Reserve Notes), marking Byte Masons' expansion to Layer 2.
Justin Bebis / Byte Masons Medium2023-04-27
Ethos Reserve pledges up to $4.4 million in Optimism incentives to accelerate DeFi adoption on Layer 2.
BusinessWire2024-05-27
Byte Masons officially announces the Cod3x rebrand, consolidating Granary V2 (renamed Cod3x Lend, audited by Trail of Bits) and Ethos Reserve (renamed Cod3x CDP) under a DeFAI AI-agent strategy.
Cod3x official blog2024-10-29
Migration window for legacy OATH and GRAIN tokens to CDX closes. Unmigrated tokens are no longer supported.
Cod3x monthly newsletter / official migration site2025-02-17
CDX token generation event (TGE) at the DeFAI Summit. Token goes live simultaneously on Base, Solana (via Hyperlane), and Sophon.
Cod3x official blog2025-02-18
CDX reaches all-time high of approximately $0.25, representing a peak fully diluted valuation of roughly $25 million.
CoinGecko2025-02-04
Ionic Money exploit via social engineering on Mode network drains approximately $3.2 million. Contagion spreads to Ironclad Finance, a Byte Masons-adjacent protocol on Mode.
Halborn / Rekt News2025-05-09
CDX reaches all-time low of approximately $0.0175, representing a decline of over 93% from its February 2025 all-time high.
CoinGeckomodel: claude-code-investigator
generated: 5/14/2026, 5:47:56 PM
last updated: 5/14/2026, 5:47:56 PM
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