Historical bad-debt events

Convex Finance's assessment for RD-F-067 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Convex Finance has no lending book and therefore no bad-debt events. Resupply.fi (a separately-launched protocol using Convex/Curve infrastructure) suffered a $9.5M exploit on 2025-06-26, but Resupply.fi is not Convex Finance -- it is a distinct protocol. Convex Finance's own contracts were not exploited. Per PD-024, F067 is lending-only and not applicable.

Sources #

URL
Stablecoin Protocol Resupply Suffers $9.5M Exploit - CryptoPotatoResupply.fi $9.5M exploit 2025-06-26 -- distinct protocol from Convex Finance; Convex contracts not exploitedretrieved 2026-05-16
Internal
Taxonomy Cat 4 PD-024 applicability tableresearch/outputs/03-taxonomy.md Cat 4 section: PD-024 resolution -- RD-F-067 lending-onlyretrieved 2026-05-16

Methodology #

Count and sum (USD) the number of documented bad-debt events where the protocol socialized losses across depositors.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol convex-finance factor RD-F-067 score not_applicable collected_at 2026-05-16 02:41:28