Amnis FinanceMicro-cap

Amnis Finance receives a B- risk grade (31/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — clean track record with standard liquid staking, but significant market share loss, ecosystem-wide Aptos contraction, and minimal development activity raise longevity questions for the protocol A liquid staking platform on Aptos that lets you earn staking rewards while keeping your APT liquid for DeFi. It holds ~$3.6M in deposits (down from $24M earlier in 2026) as part of a broader Aptos ecosystem drawdown. Amnis's Aptos LST market share has fallen from 82% to ~32%, now in a near-tie with Thala LSD and TruStake. Its B- risk grade reflects clean operation and standard mechanisms, but declining scale and minimal development activity since mid-2024 weigh on the value accrual outlook.

The key risks identified for Amnis Finance are: (1) Amnis lost its dominant market position, falling from 82% to ~32% of Aptos LST market. TVL dropped from $24M to ~$3.6M through 2026, partly driven by ecosystem-wide Aptos capital outflows. (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) The AMI governance token is down 98.7% from its ATH. An upcoming unlock of 33.5M tokens on August 26, 2026 could create additional sell pressure on an already thin market (~$964K market cap).

Amnis Finance scores 31/100 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: 0/10, Regulatory Risk: 3/10, Vitality Risk: 10/10. The highest risk area is Vitality Risk at 10/10.

Among 87 rated Liquid Staking protocols on Hindenrank, Amnis Finance ranks #50 by safety (lowest risk score = safest). Its 31/100 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.