Is Extra Finance Safe?
Risk Grade: C+ (39/100)
Extra Finance is rated as elevated risk — multiple novel mechanisms and notable interaction risks.
Moderate risk — high leverage amplifies every risk by up to 7x, making small price moves potentially devastating
A leveraged yield farming protocol where you can borrow up to 7x your deposit to amplify farming returns. It manages $130M in deposits with no disclosed funding. Its C+ grade reflects the extreme liquidation risk at high leverage and the amplified losses from price swings.
TVL
$29M
Mechanisms
7
Interactions
6
Value Grade
C
Key Risks for Extra Finance Users
At 7x leverage, a price move of just 2.5% against you triggers liquidation and you lose your entire deposit. Most users do not realize how thin the margin is
Price feeds can be manipulated on low-volume trading pairs, letting attackers either force your liquidation at fake prices or borrow against inflated collateral
Losses from providing liquidity to two-token pools are multiplied by your leverage. A 10% price swing at 7x can wipe out your position entirely
Top Risk Factors
- •Up to 7x leverage on yield farming positions means a ~2.5% adverse price move can trigger liquidation, with partial liquidation (30%) potentially insufficient during rapid crashes
- •Dual oracle system (TWAP + Chainlink) provides some protection but TWAP manipulation remains viable on low-liquidity farming pairs
- •Impermanent loss is amplified by leverage factor — at 7x, standard IL becomes catastrophic during sustained directional price moves
Risk Score Breakdown
Extra Finance's highest risk area is Vitality Risk (9/10). Here's how each dimension contributes to the overall 39/100 score:
Read the Full Extra Finance Risk Report
This protocol has 3 collapse scenarios. 4 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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