Moderate risk — connects 50+ chains but all security depends on a single validator set whose economic incentives may not hold under stress
Top Risks
1
SGN (State Guardian Network) uses Tendermint PoS with CELR staking, but economic security depends on whether staked CELR value exceeds potential profit from attacking the bridge; if not, validators can profitably collude to drain liquidity pools
2
cBridge and Celer IM route all cross-chain messages through SGN validators; if 2/3+ of validators are compromised (economic attack, regulatory coercion, or coordinated exploit), entire multi-chain ecosystem is vulnerable to message forgery
3
Optimistic rollup protection (delay buffer + watchtower) is opt-in and requires dApps to run independent infrastructure; if watchtowers fail or are compromised, the optimistic security layer provides no protection
Risk Breakdown
Frequently Asked Questions
Is Celer Network safe to use?
Celer Network receives a C+ risk grade (39/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — connects 50+ chains but all security depends on a single validator set whose economic incentives may not hold under stress A bridge that moves your tokens between 50+ blockchains by routing messages through a network of validators. It holds about $130M in its liquidity pools. Its C+ grade reflects the risk that if two-thirds of its validators are compromised or bribed, every dollar in the bridge can be stolen.
What are the main risks of using Celer Network?
The key risks identified for Celer Network are: (1) If the value of staked CELR tokens is less than the $130M in the bridge, validators could profit more by stealing funds than by honestly running the network (2) All cross-chain messages pass through the same validator set. If two-thirds are compromised, an attacker can forge fake transfer approvals and drain every pool on every chain (3) The safety backup system (watchtowers) is optional and apps must run their own. If a watchtower fails, malicious messages execute without anyone catching them
What is Celer Network's risk score breakdown?
Celer Network scores 39/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 10/20, Oracle Surface: 0/10, Documentation Gaps: 3/10, Track Record: 10/15, Scale Exposure: 3/10, Regulatory Risk: 4/10, Vitality Risk: 6/10. The highest risk area is Track Record at 10/15.
How does Celer Network compare to other Bridge protocols?
Among 19 rated Bridge protocols on Hindenrank, Celer Network ranks #9 by safety (lowest risk score = safest). Its 39/100 risk score and C+ grade place it in the middle tier of Bridge protocols.
Has Celer Network ever been hacked or exploited?
Celer Network scores 10/15 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.