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zkFinance

avoid.net/zkfinance→32/100·52% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·5Z9vGp…8gZs

Summary

zkFinance is a DeFi lending and borrowing protocol deployed on zkSync Era that also offers bridging, cross-chain swaps, and a concentrated-liquidity DEX. The protocol suffered a documented $200,000 protocol logic exploit attributed to an oracle misconfiguration in November 2024 and has since registered near-zero TVL ($24,990) with no active loans outstanding. The team is pseudonymous, no public founder identities have been verified, and the protocol's native ZGT token has attracted minimal exchange listing activity and negligible on-chain trading volume.

Connected Entities

1 entities
Protocols
⌂zkFinance
Relationships
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    Timeline(9 events)

    2022

    zkFinance project founded, according to aggregator records. Exact founding date unverified.

    4 May 2023

    zkFinance posts early promotional content on X/Twitter (@zkFinance_ZGT), describing the protocol as lending and borrowing on zkSync with ZGT token and airdrop plans.

    June 2023

    zkFinance mainnet deployment on zkSync Era. PeckShield smart contract audit claimed as completed prior to or concurrent with launch.

    27 June 2024

    zkFinance posts on X about ZGT token distribution. Airdrop of 20 million ZGT tokens over 100 days announced, requiring $200 minimum supply or borrow activity.

    October 2024

    Multiple third-party Medium articles publish airdrop participation guides for zkFinance ZGT. Token described as pending TGE (Token Generation Event).

    11 November 2024

    zkFinance suffers a $200,000 protocol logic exploit on zkSync Era. Root cause attributed to oracle misconfiguration. No public post-mortem issued by the team. Recorded by DefiLlama hacks tracker.

    2025

    zkFinance TVL declines to minimal levels following the November 2024 exploit. Active loans recorded at $0 on DefiLlama.

    2025

    ZachXBT flags zkFinance. Exact nature and date of the flag are not independently verifiable from publicly archived ZachXBT posts reviewed during this investigation.

    May 2026

    zkFinance TVL recorded at approximately $24,990 with $0 active loans. Twitter/X following at approximately 12,000–13,600 with declining trend. ZGT token has no confirmed major exchange listings.

    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain13 Wayback Archivessrc:defillama

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (1 event). 13 of 15 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 5/4/2026, 2:54:27 AM

    last updated: 9/1/2026, 3:39:50 AM

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