Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.11% | 0.00% | 10.95% | 4.18% | 31.51% | 31.16% |
Comparison
Tokenomics
Unlock Progress
Data source: CoinGecko
On-chain Holding
| Holding Token | Price | Amount | Total Value |
|---|---|---|---|
| No Data | |||
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0x3891...ad81 |   RBN | 932,740,821.36 | 93.27% | $21.72M |
| 0x4633...c535 | RBN | 23,330,000 | 2.33% | $543.51K |
| 0x50a2...984d | RBN | 11,670,000 | 1.17% | $271.87K |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | RBN/WETH | $0.03667 | $24 | $24 | $8 | 544.64% | |
| 2 | RBN/WETH | $0.03604 | $1,504 | $1,500 | $8 | 535.32% | |
| 3 | RBN/AEVO | $0.0366 | $20 | $20 | $6 | 374.29% | |
| 4 | RBN/AEVO | $0.0366 | $20 | $20 | $6 | 374.29% |
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Follow Lists
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About Ribbon Finance
Ribbon Finance is a DeFi structured products platform that automates options strategies via smart contracts. Its core offerings include Theta Vaults (automated covered calls and put selling), Ribbon Earn (principal-protected products using fixed income plus barrier options), Ribbon Lend (uncollateralized lending to whitelisted market makers), and Aevo (an order-book based options exchange). The main value proposition is lowering the barrier for retail users to access complex options strategies, providing stable yields through automation. It addresses the pain point of high complexity and unpredictable returns in manual options trading. In the past six months (2026-03-01 to 2026-09-01), Ribbon experienced a security incident where an outdated contract was exploited, causing a loss of approximately $2.7 million. The team proposed a 19% haircut withdrawal option during a six-month claim window, which sparked criticism from some users who argued that inactive deposits were being unfairly subsidized. The team also restricted public replies on X, further fueling controversy. Despite this, the protocol continues to operate its main vaults and lending services, while Aevo remains in a closed beta phase.
Ribbon Finance, a DeFi protocol for crypto structured products, faced two notable events with long-term implications.
In December 2025, Ribbon Finance suffered an attack where a suspected project party management address was controlled by hackers, leading to a loss of approximately $2.7 million in its Aevo DOV legacy vault. This incident highlighted security vulnerabilities in protocol governance and raised concerns about the safety of user funds in structured product vaults.
In June 2026, Coinbase announced it would delist the old version tokens MOBILE, RNDR, RBN, and SYN. This delisting affected the liquidity and accessibility of RBN, the governance token of Ribbon Finance, marking a significant shift in its market presence and forcing the protocol to adapt to a changing exchange landscape.
Negative factors: Aevo (formerly Ribbon Finance) suffered an attack on old vault contracts, losing approximately $2.7 million; the team proposed a 19% haircut for affected users' withdrawals and restricted replies on X, triggering community criticism and a trust crisis.
Julian Koh (Co-Founder & CEO): Previously a software engineer at Coinbase, focused on staking and blockchain integrations. Dropped out of Cornell University. Founded Ribbon Finance in Nov 2020.
Ken Chan (Co-Founder & CTO): Previously worked as an engineer at Coinbase and Zilliqa. Co-founded Ribbon Finance with Julian Koh in Nov 2020.