Amnis FinanceMicro-cap

Amnis Finance receives a B- risk grade (33/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — clean track record with standard liquid staking, but extreme market dominance (82%) creates systemic risk for the entire Aptos ecosystem A liquid staking platform on Aptos that lets you earn staking rewards while keeping your APT liquid for DeFi. It holds $24M in deposits and dominates 82% of the Aptos LST market. Its B grade reflects clean operation and standard mechanisms, offset by the systemic risk its dominance creates for the entire Aptos DeFi ecosystem.

The key risks identified for Amnis Finance are: (1) Amnis controls 82% of all liquid-staked APT. If amAPT loses its peg, the cascading liquidations would hit every lending platform on Aptos simultaneously. (2) Your staking rewards depend on the validators Amnis delegates to. If several validators go down at once, your rewards drop and amAPT could lose value. (3) Two different tokens (amAPT and stAPT) create confusion about which to hold and use in DeFi, potentially fragmenting liquidity.

Amnis Finance scores 33/100 across eight risk dimensions: Mechanism Novelty: 0/15, Interaction Severity: 10/20, Oracle Surface: 2/10, Documentation Gaps: 3/10, Track Record: 3/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 9/10. The highest risk area is Vitality Risk at 9/10.

Among 81 rated Liquid Staking protocols on Hindenrank, Amnis Finance ranks #50 by safety (lowest risk score = safest). Its 33/100 risk score and B- grade place it in the middle tier of Liquid Staking protocols.

Amnis Finance scores 3/15 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.