Is Ambient Safe?
Risk Grade: B (23/100)
Ambient is rated as moderate risk — some novel mechanisms, generally well-understood.
Moderate risk — clean smart contract record and small scale, but single-contract architecture creates concentrated vulnerability
A decentralized exchange using a novel single-contract architecture where all trading pools live in one smart contract. It manages $3M in deposits with $6.5M in funding. Its B grade reflects clean smart contract history and small scale, but the all-in-one-contract design means any vulnerability affects every pool simultaneously.
TVL
$3M
Mechanisms
7
Interactions
5
Value Grade
C
Key Risks for Ambient Users
All trading pools live in a single smart contract. If a bug is found, every pool is vulnerable at once with no isolation between them.
The website was hacked in October 2024. The smart contracts were fine, but users who visited the fake site were at risk of losing funds.
The team controls everything with no governance token. They can change any setting or upgrade the contracts without community input.
Top Risk Factors
- •Single-contract architecture means a vulnerability in the CrocSwapDex contract exposes all pools simultaneously with no blast-radius isolation.
- •October 2024 front-end hack demonstrated supply chain vulnerability; smart contracts were unaffected but users were exposed to phishing.
- •No token and limited governance creates centralization risk in protocol upgrades and parameter changes.
Risk Score Breakdown
Ambient's highest risk area is Interaction Severity (8/20). Here's how each dimension contributes to the overall 23/100 score:
Read the Full Ambient Risk Report
This protocol has 2 collapse scenarios. 1 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
View Full Report →Considering an investment?