Skip to main content
AVOID.NET

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

6 entities · 60 linked investigations
Relationships
  • ZachXBT→mentioned with→Ethereum(70%)
  • Chainlink→mentioned with→Ethereum(65%)
  • zkFinance→mentioned with→Ethereum(65%)
  • zkFinance→mentioned with→Chainlink(65%)
  • zkFinance→mentioned with→ZachXBT(70%)
  • zkFinance→mentioned with→Aave(60%)
  • zkFinance→mentioned with→Venus Core Pool(80%)
  • Venus Core Pool→mentioned with→Chainlink(65%)
  • Aave→mentioned with→Chainlink(60%)
  • Aave→mentioned with→Ethereum(70%)
Have evidence about zkFinance?

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

Decision Log

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

model: claude-sonnet-4-6

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

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

6 views

avoid.net — verified advice for a post-truth world