Moderate risk — standard lending design on Aptos with 3.7-year clean track record and dual-oracle redundancy, but aggressive LTV parameters and frozen contracts since December 2024 warrant caution
Risk Breakdown
Top Risks
E-Mode allows up to 90% LTV, leaving extremely thin liquidation margins that can be breached in rapid price declines of correlated Aptos assets.
Contracts frozen since December 2024 prevent deployment of any future security patches or improvements to the oracle pricing logic; the dual Pyth + Switchboard setup provides outage redundancy but cannot be updated.
Concentration of deposits in Aptos-native assets creates correlated liquidation risk during APT downturns, compounded by thin Aptos DEX liquidity for liquidation proceeds.
Frequently Asked Questions
Is Aries Markets safe to use?
What are the main risks of using Aries Markets?
What is Aries Markets's risk score breakdown?
How does Aries Markets compare to other Lending protocols?
Has Aries Markets ever been hacked or exploited?
Get risk alerts before it's too late
Weekly grade changes, downgrade alerts, and new protocol risk findings. Free.