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Harbor Protocol

avoid.net/harbor-protocol→28/100·72% 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·CKveSr…Eik5

Summary

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
Organizations
□Cosmos (ATOM)□Binance45
Protocols
⌂Exactly Protocol58⌂Harbor Protocol
Relationships
  • 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%)
Also appears in
Exactly Protocol·32Levyathan·18Jump Trading·42StableMagnet·2Nexera·32SafePal·42Playsomo·60BearnFi·12Gurhan Kiziloz·0Siavash Kayvanpour·0+ 50 more

Connected Through

3 shared actors · 528 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Harbor Protocol?

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.

Provenance & Audit Trail
Anchored on SolanaVerify on-chain12 Wayback Archivessrc:defillama

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 12 of 19 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:38 AM

last updated: 9/1/2026, 3:53:19 AM

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