Aevo

Aevo receives a C risk grade (50/100) from Hindenrank, where lower scores indicate lower risk. Elevated risk — recent oracle exploit plus centralized order matching and sequencer create serious trust concerns for a derivatives platform An options and perpetual futures trading platform that runs on its own custom blockchain. It holds $22M in deposits and raised $17M in funding. Its C- grade reflects a $2.7M exploit in December 2025 caused by a price feed precision error, plus centralization risks from its privately run blockchain and matching engine.

The key risks identified for Aevo are: (1) A $2.7M hack in December 2025 happened because a price feed upgrade mixed up decimal places, letting an attacker set fake prices and drain money from options vaults. (2) The trading engine matches orders on a private server before settling on-chain. The operator can see your orders before everyone else, creating potential for front-running. (3) If the custom blockchain goes down during a big options expiry, you cannot close your positions and your options could expire at the wrong price.

Aevo scores 50/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 14/20, Oracle Surface: 7/10, Documentation Gaps: 3/10, Track Record: 10/15, Scale Exposure: 3/10, Regulatory Risk: 5/10, Vitality Risk: 5/10. The highest risk area is Interaction Severity at 14/20.

Among 53 rated Derivatives protocols on Hindenrank, Aevo ranks #49 by safety (lowest risk score = safest). Its 50/100 risk score and C grade place it among the riskier Derivatives protocols.

Aevo scores 10/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.