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CrossCurve

avoid.net/crosscurve28/100·78% 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·3SRAKV…c92n

Summary

CrossCurve (formerly EYWA) is a cross-chain DeFi liquidity protocol built in partnership with Curve Finance, backed by $8.5 million in funding including a seed round led by Curve founder Michael Egorov. On February 1-2, 2026, the protocol suffered a critical smart contract exploit in its ReceiverAxelar bridge contract, resulting in an estimated $3 million in user losses across multiple chains; confirmed liquid losses were approximately $1.44 million after exchange freezes limited attacker liquidation. A subsequent Hashlock audit of separate OFT messaging contracts in March 2026 found and resolved additional vulnerabilities, and the protocol has not publicly confirmed full fund recovery from the February exploit.

Connected Entities

9 entities · 60 linked investigations
Organizations
Exchanges
Protocols
LayerZero — DVN Single-Verifier Configuration RiskCurve Finance62
Relationships
  • Mantlementioned withEthereum(80%)
  • Optimismmentioned withArbitrum(65%)
  • ZachXBTmentioned withEthereum(70%)
  • Optimismmentioned withEthereum(80%)
  • Curve Financementioned withEthereum(80%)
  • CrossCurvementioned withLayerZero — DVN Single-Verifier Configuration Risk(65%)
  • XT Exchangementioned withZachXBT(70%)
  • CrossCurvementioned withArbitrum(60%)
  • CrossCurvementioned withMantle(60%)
  • CrossCurvementioned withZachXBT(70%)
  • + 10 more
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Timeline(11 events)

2021

EYWA protocol founded by Boris Povar, Faraj Abutalibov, and Peter Tagunov in Tortola, British Virgin Islands.

September 2023

Curve Finance founder Michael Egorov reportedly backs CrossCurve as an early investor.

3 May 2024

EYWA completes $7 million seed round led by Michael Egorov, with participation from Fenbushi Capital and GBV Capital.

21 December 2024

EYWA announces additional funding round with participation from 1inch co-founder Anton Bukov and Kenetic Fund, bringing total raised to approximately $8.5 million.

27 December 2024

EYWA token reaches all-time high of approximately $0.252.

31 January 2026

PortalV2 contract balance drops from approximately $3 million to near zero; exploit begins.

February 2026

CrossCurve confirms active bridge exploit across multiple networks; team pauses all contracts and warns users to halt activity.

2 February 2026

CEO Boris Povar identifies 10 Ethereum addresses receiving stolen funds, issues 72-hour ultimatum with 10% bounty offer, and threatens criminal referrals and civil litigation.

2 February 2026

XT Exchange freezes EYWA token deposits, preventing attacker liquidation of approximately 999.8 million minted EYWA tokens.

March 2026

CrossCurve commissions Hashlock audit of LayerZero OFT messaging contracts; audit concludes with 'Secure' rating after resolution of identified vulnerabilities.

25 March 2026

QuillAudits publishes post-mortem analysis confirming confirmed liquid losses of $1,441,892.31 from the February exploit.

Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 21 of 25 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:18 AM

last updated: 8/30/2026, 7:44:38 AM

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