Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$1.91KBuyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | $1.91K | -- | -- | -- |
| Oct 2026 | $5.47K | -- | -- | -- |
| Sep 2026 | $4.52K | -- | -- | -- |
| Aug 2026 | $4.82K | -- | -- | -- |
| Jul 2026 | $3.24K | -- | -- | -- |
| Jun 2026 | $1.52K | -- | -- | -- |
Comparison
Follow Updates
Follow Lists
People
About Makina
Makina is a DeFi execution engine that gives institutions and strategy teams cross-chain "Machines": each machine maps to a predefined strategy, capital enters from a vault and rebalances across protocols by rule, execution runs through a custom atomic layer, and risk parameters and permissions are set onchain and auditable.
It targets the cost of building execution in-house, where cross-chain rebalancing, slippage control and permission isolation all need custom work and failures are expensive. Makina abstracts these into standard components so strategy providers can focus on judgment. The risk surfaced in January 2026 when a DUSD/USDC Curve pool was attacked for about $4.2 million, showing that contract interfaces in complex strategy stacks remain a weak point. Pool admission and parameter limits were tightened afterward, but external protocol risk cannot be fully isolated.
Makina, a multi-chain DeFi execution engine, experienced a critical security incident on January 20, 2026, when an attacker exploited a vulnerability in its DUSD/USDC Curve pool, manipulating share prices via flash loans and draining approximately 5.1 million USDC. The hack affected only liquidity providers in that specific pool; a snapshot was taken before the incident to facilitate recovery. On January 22, the MEV builder returned funds, transferring about 920 ETH (out of 1,023 ETH received) to a dedicated recovery multisig, with the team continuing to pursue the remaining 276 ETH sent to a RocketPool validator. Looking ahead, Makina announced plans to launch Starloop, an on-chain treasury for SpaceX exposure, in September 2026, marking a strategic expansion beyond its core execution layer.
Makina suffered an oracle-manipulation exploit on January 20, 2026, when an attacker borrowed roughly 280M USDC in flash loans to drain the DUSD/USDC Curve pool, losing about 1,299 ETH (~$4.13M); an MEV builder front-ran the attacker and captured most funds
Makina placed its three Machines in Recovery Mode and, via a whitehat safe-harbor, recovered about 89% of assets (including 920 ETH from the MEV builder and 157 ETH from a Rocket Pool validator), distributing over $3.65M to affected LPs. On January 26 the protocol upgraded to v1.1 (audited by ChainSecurity), adding restricted accounting and max price-change parameters to fix the oracle flaw, deprecated the Curve pool for a new Uniswap pool, lifted Recovery Mode, and reopened redemptions.
Jenna Zenk — Executive Director; a pioneer of onchain asset management; former CTO of Melon Protocol (now Enzyme), one of the earliest DeFi protocols; also launched her own fund in the Middle East.
Colin Platt — Product Lead; traditional finance background, active in DeFi since 2016.
Ryan Zurrer and the Dialectic team act as strategic design partner.
Raised a $3M strategic round in June 2025.