Clearpool

Clearpool receives a B- risk grade (29/100) from Hindenrank, where lower scores indicate lower risk. High risk — lending without collateral to crypto firms means a single borrower bankruptcy can wipe out your entire deposit A lending platform where you lend crypto to institutional borrowers like trading firms without requiring them to post collateral. It holds about $27M in deposits with $3M in funding. Its C- grade reflects the fundamental risk: if a borrower goes bankrupt, you lose everything with zero recovery from collateral.

The key risks identified for Clearpool are: (1) Borrowers don't post collateral. If a trading firm goes bust like Three Arrows Capital did, you get nothing back. Recovery means suing in court, which can take years and return close to zero (2) The last major code update was July 2024. Long gaps between updates mean security patches could be missing and new vulnerabilities may go unnoticed (3) All institutional borrowers are crypto-native firms whose solvency depends on crypto prices. In a market crash, every borrower gets stressed at the same time

Clearpool scores 29/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 8/20, Oracle Surface: 0/10, Documentation Gaps: 4/10, Track Record: 3/15, Scale Exposure: 3/10, Regulatory Risk: 5/10, Vitality Risk: 3/10. The highest risk area is Regulatory Risk at 5/10.

Among 90 rated Lending protocols on Hindenrank, Clearpool ranks #15 by safety (lowest risk score = safest). Its 29/100 risk score and B- grade place it among the safer Lending protocols.

Clearpool 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.