Harbor Protocol
Last changed 2026-11-02 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the trust score did not change. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -6.4 |
| Incidents it suffered (e.g. hacks) | -3.2 |
| Problems around it, caused by others | -0.8 |
| Long-running | +4 |
| Sum | 59 |
- No longer operating, so capped at 50.
- 2 sections set aside: the claims did not hold up in a fact-check, pending correction.
Score: 50/100 (kept between 0 and 100)
How scoring works →Page reliability: Fact-checked 2026-11-02 · 5 of 11 claims confirmed · 3 need better sources · 3 disputed
anchored·CKveSr…Eik5Summary
Harbor Protocol is a decentralized collateralized-debt-position (CDP) protocol built on the Comdex chain (Cosmos SDK / CosmWasm) that enabled users to mint the Composite stablecoin (CMST) against whitelisted collateral assets. The protocol suffered two distinct security incidents in 2023 — an oracle-manipulation liquidation event in June and a direct vault drain exploit in August — after which its total value locked collapsed to effectively zero. As of 2025 the protocol appears inactive, with the HARBOR governance token near worthless and no meaningful community or development activity detected.
Connected Entities
4 entities · 60 linked investigations- Cosmos (ATOM)→mentioned with→Binance(60%)
- Harbor Protocol→mentioned with→Binance(65%)
- Harbor Protocol→mentioned with→Cosmos (ATOM)(80%)
- Harbor Protocol→mentioned with→Exactly Protocol(80%)
Connected Through
3 shared actors · 468 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- □Binanceorganization
- □Cosmos (ATOM)organization
- ⌂Exactly Protocolprotocolalso in
Timeline(7 events)
24 November 2022
Harbor Protocol officially launches on the Comdex mainnet, enabling CMST minting against safelisted collateral assets.
29 June 2023
Oracle incident: stATOM vault liquidations triggered by a faulty CoinGecko volume-weighted price feed that recorded stATOM at ~$0.02 instead of ~$10, causing vaults to be liquidated at deep discounts to market value.
18 August 2023
Vault drain exploit begins: attacker (comdex1sma0ntw7fq3fpux8suxkm9h8y642fuqt0ujwt5) manipulates cSwap prices for LUNA, stOSMO, and WMATIC collateral to borrow CMST far above real collateral values.
19 August 2023
Harbor Protocol publicly discloses the exploit, confirming funds were drained from stable-mint and multiple collateral vaults. TVL drops from approximately $370,000 to $81,000. Team appeals to attacker to make contact.
19 August 2023
Blockchain security firms DeDotFi and PeckShield confirm the Harbor exploit is unrelated to a concurrent Exactly Protocol attack on BNB Chain.
11 January 2024
HARBOR token records its all-time high price on CoinGecko before subsequently collapsing in value.
2025
DefiLlama records Harbor Protocol TVL at $0. No active governance, development, or community updates detected as of 2025. Protocol appears effectively inactive.
Decision Log
- slot 464289413 · hash 6hXth1akSsrownzWirfAk6QGHJp21dYhbMNT2CZKzFyo
- slot 464289408 · hash 5r4AaR8ZYCW29hxKkoS7dWkiYhqpSozstww1FswQPSLC
- slot 461966649 · hash 91wGEN8hkbFJubAtJDSKuVpZaMbB7WrU69JeS8k9RYiA
- slot 422847451 · hash BNZFXHfNuMeLG3Uf17cA7HEciK5Se6pgy5KG1hoU5hy9
This investigation is cryptographically anchored to the Solana blockchain (4 decisions). 12 of 19 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:38 AM
last updated: 11/2/2026, 12:12:37 AM
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