Cream Finance (CREAM): tokenomics, risks and score
A lending protocol that listed a very wide range of assets, and which was exploited repeatedly, losing well over 200 million dollars across several attacks.
What Cream Finance is, and what it does
This asset has failed. It is recorded here so that a search returns what actually happened rather than promotional material that is still online.
What the CREAM token itself does: It captures no protocol revenue. Any value rests on governance rights, on speculation, or on a change that has not happened yet.
Where it runs: Multi chain. Mechanism: Permissionless lending protocol. It has been running since 2020, so roughly 6 years.
The facts
- TICKER
- CREAM
- SECTOR
- Failed and defunct
- CHAIN
- Multi chain
- LAUNCHED
- 2020, so around 6 years of operating history
- MECHANISM
- Permissionless lending protocol
- MAXIMUM SUPPLY
- 9 million
- VALUE CAPTURE
- None
- UPGRADE CONTROL
- DAO governed
- VESTING
- Complete
- LIQUIDITY BAND
- Micro cap. Thin, often a single venue or pool. Treat the quoted price as indicative only.
How the score breaks down
Each dimension is explained on the directory page, and the reasoning behind it is taught in the Academy research process.
Supply and value capture
A hard maximum supply that cannot be raised without the agreement of essentially every participant. The token captures no protocol revenue. Any value rests on governance rights, speculation, or future changes that have not happened yet.
Changes go through token holder governance, so control is distributed but influenced by whoever holds most. Ownership is heavily concentrated. A small number of wallets hold enough to determine the price on their own.
Where it is strong and where it is not
- None. The protocol was exploited repeatedly and no longer meaningfully operates.
- Exploited at least four times with cumulative losses over 200 million dollars
- Listed thin liquidity assets as collateral, enabling oracle manipulation
- A single 2021 attack took roughly 130 million dollars
- The protocol no longer meaningfully operates
Incident history
Exploited at least four times through flash loan and oracle manipulation attacks, with cumulative losses well over 200 million dollars including a single incident of roughly 130 million.
Our read
The main risk
Exploited repeatedly for very large sums and no longer meaningfully operates.
Before you buy anything
Check the contract address against the project's own documentation rather than a search result or a screener link, since impersonation tokens with identical names and logos are listed constantly. Check the order book depth before assuming you can exit at the quoted price. And write down what would make you wrong before you buy, not after. The Academy thesis module covers why that single habit protects more capital than any indicator.