Belt FinanceMicro-cap

Belt Finance receives a C+ risk grade (42/100) from Hindenrank, where lower scores indicate lower risk. Elevated risk — functional yield optimizer with institutional backing but major past exploit, multi-protocol dependency, and declining token value. Belt Finance is a multi-strategy yield optimizer and stableswap AMM on BSC, Klaytn, and Heco that auto-compounds deposits across DeFi protocols. With $12M TVL, it suffered a major $50M exploit in 2021 but has since undergone V3 audit by DeDaub. Created by Ozys, a Klaytn Governance Council member.

The key risks identified for Belt Finance are: (1) Exploited for $50M in 2021 via flash loan attack — past security failures indicate elevated risk (2) Deposits are spread across multiple protocols — hack of any one causes partial loss (3) BELT token value has declined significantly, reducing farming reward value

Belt Finance scores 42/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 6/20, Oracle Surface: 2/10, Documentation Gaps: 4/10, Track Record: 15/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 6/10. The highest risk area is Track Record at 15/15.

Among 112 rated Yield protocols on Hindenrank, Belt Finance ranks #83 by safety (lowest risk score = safest). Its 42/100 risk score and C+ grade place it among the riskier Yield protocols.

Belt Finance scores 15/15 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.