Elevated risk — standard concentrated liquidity fork on Mantle with limited differentiation, thin documentation, and full dependency on the Mantle ecosystem's growth trajectory
Top Risks
1
Agni Finance is a Uniswap v3 concentrated liquidity fork on Mantle Network with minimal differentiation. As a fork, it inherits known risks but the Mantle-specific modifications and the launchpad feature add untested smart contract surface area.
2
The protocol's success is entirely dependent on Mantle Network's growth. At $34M TVL, Agni represents a significant portion of Mantle's DeFi ecosystem. A decline in Mantle adoption would directly erode Agni's liquidity and trading volume.
3
Documentation quality is limited compared to the original Uniswap v3. Security audit details are sparse, and the specific modifications made for Mantle compatibility have not been as thoroughly reviewed as the original codebase.
Risk Breakdown
Frequently Asked Questions
Is Agni Finance safe to use?
Agni Finance receives a C risk grade (44/100) from Hindenrank, where lower scores indicate lower risk. Elevated risk — standard concentrated liquidity fork on Mantle with limited differentiation, thin documentation, and full dependency on the Mantle ecosystem's growth trajectory Agni Finance is a decentralized exchange on Mantle Network that uses concentrated liquidity (similar to Uniswap v3) to enable efficient token swaps. LPs can provide liquidity within specific price ranges for higher capital efficiency, and the protocol also features a token launchpad with an insurance pool for new project launches. With $34M in deposits, Agni is one of the largest DEXs on Mantle, processing roughly $169M in monthly volume. The AGNI governance token enables holders to vote on protocol decisions and emission distribution.
What are the main risks of using Agni Finance?
The key risks identified for Agni Finance are: (1) Agni is a Uniswap v3 fork with modifications for Mantle Network. Fork-specific code changes have historically been a source of vulnerabilities, and audit details for these modifications are limited. (2) The protocol's success depends entirely on Mantle Network's growth. If Mantle loses momentum to competing L2s, Agni's liquidity and trading volume would decline proportionally. (3) Limited documentation and audit transparency compared to the original Uniswap v3. Users should treat this as a higher-risk alternative to the battle-tested original.
What is Agni Finance's risk score breakdown?
Agni Finance scores 44/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 8/20, Oracle Surface: 3/10, Documentation Gaps: 5/10, Track Record: 14/15, Scale Exposure: 3/10, Regulatory Risk: 4/10, Vitality Risk: 4/10. The highest risk area is Track Record at 14/15.
How does Agni Finance compare to other DEX protocols?
Among 111 rated DEX protocols on Hindenrank, Agni Finance ranks #96 by safety (lowest risk score = safest). Its 44/100 risk score and C grade place it among the riskier DEX protocols.
Has Agni Finance ever been hacked or exploited?
Agni Finance scores 14/15 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.