CREAM Lending
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 0 → 57. Problems weighed by who is responsible: incidents the subject suffered −12.8, concerns that are not fraud −3.2, problems around the subject, caused by others −2.4; legitimacy credit long-running +10; fact-check adjustments (−10) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -3.2 |
| Incidents it suffered (e.g. hacks) | -12.8 |
| Problems around it, caused by others | -2.4 |
| Long-running | +10 |
| Sum | 57 |
Score: 57/100 (kept between 0 and 100)
How scoring works →Summary
C.R.E.A.M. Finance (Crypto Rules Everything Around Me) is a decentralized lending and borrowing protocol launched in August 2020, forked from Compound Finance. The protocol suffered three major exploits in 2021 totaling approximately $185 million in losses, making it one of the most frequently and severely hacked DeFi protocols in history. On-chain investigator ZachXBT flagged the protocol and its founders, and the CREAM token has collapsed more than 99% from its all-time high.
Connected Entities
7 entities · 60 linked investigations- Ethereum→mentioned with→Bitcoin(60%)
- CREAM Lending→mentioned with→ZachXBT(70%)
- Cream Finance→mentioned with→ZachXBT(70%)
- CREAM Lending→mentioned with→Bitcoin(60%)
- Cream Finance→mentioned with→Ethereum(70%)
- Cream Finance→mentioned with→Bitcoin(65%)
- CREAM Lending→mentioned with→Binance(65%)
- CREAM Lending→mentioned with→Ethereum(70%)
- Cream Finance→mentioned with→Binance(70%)
- ZachXBT→mentioned with→Ethereum(70%)
- + 8 more
Timeline(12 events)
3 August 2020
CREAM Finance launches on Ethereum, forked from Compound Finance, co-founded by Jeffrey Huang and Leo Cheng.
4 February 2021
CREAM token reaches all-time high of $373.16.
13 February 2021
Hack 1: CREAM Finance Iron Bank exploited via Alpha Homora V2 uncollateralized lending vulnerability. Approximately $37.5 million lost across ETH, USDC, USDT, and DAI. CREAM and ALPHA tokens fall ~30%.
30 August 2021
Hack 2: CREAM Finance exploited via ERC-777 reentrancy vulnerability in AMP token integration. Approximately 2,804 ETH and 462 million AMP tokens drained, worth $18.8–25 million. AMP token price falls ~15%.
27 October 2021
Hack 3: CREAM Finance suffers largest exploit — approximately $130 million drained via flash loan oracle price manipulation against yUSDVault. Third-largest DeFi hack recorded at the time. CREAM token falls over 30%.
27 October 2021
CREAM Finance posts on-chain message to attacker: 'you win. we're rekt. please return funds.' A 10% bounty offer yields no recovery.
14 November 2021
CREAM announces hack compensation plan: 1.45 million CREAM tokens to be issued from treasury, dramatically expanding circulating supply. Token drops from ~$88 to ~$51.
16 June 2022
ZachXBT publishes article alleging CREAM co-founder Jeffrey Huang (Machi Big Brother) misappropriated 22,000 ETH from Formosa Financial. ZachXBT retracted this allegation in August 2023.
12 September 2022
CoinDesk reports CREAM Finance exploiter converts $1.75 million in stolen funds to Bitcoin, indicating laundering activity continues more than a year after the October 2021 hack.
17 June 2023
Jeffrey Huang files defamation lawsuit against ZachXBT over the June 2022 article.
15 August 2023
Huang withdraws his defamation lawsuit against ZachXBT by mutual agreement. ZachXBT amends the article, removing the misappropriation allegation and the 'ten failed projects' claim. No court ruling was made on the merits.
30 December 2025
CREAM token reaches all-time low of approximately $0.71, down more than 99.8% from its 2021 peak.
Decision Log
- #4rescore+57Recording pending10/10/2026, 6:48:39 PMhash GMU8P8iJTFUKxD5cKE3xUAPr5BDoQvzB2pz1338aDTMq
- slot 443520498 · hash EN1swmPHvYDcY3TqA9WQH81wv5f2BfgNp5jiAo6PZetj
- slot 443520494 · hash CVUsXRpJHYUQZTvEjRNtaDp5ZyfNyJ8GUWz8RNayuvyF
- slot 421244930 · hash EWVe2GrDCwHNK41GBELdxcitoQRscqv88iheSFtFcmJL
This investigation is cryptographically anchored to the Solana blockchain (3 decisions). 22 of 28 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:54 AM
last updated: 10/10/2026, 6:48:39 PM
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