EquilibriaMicro-cap
Moderate risk — proven Convex-style yield boosting with security audits, balanced by full dependency on Pendle Finance and liquid wrapper peg stability risk.
Top Risks
1
Equilibria is a yield booster built on top of Pendle Finance, creating a layered dependency where any issue with Pendle directly impacts Equilibria users
2
ePENDLE liquid wrapper for vePENDLE defeats the lock mechanism's alignment incentive and enables governance power to be traded — a known I-08 interaction risk
3
With 300+ Pendle pools and $28M TVL, Equilibria depends on maintaining a large vePENDLE position; if the ePENDLE/PENDLE peg breaks, boosted yields are compromised
Risk Breakdown
Frequently Asked Questions
Is Equilibria safe to use?
Equilibria receives a B risk grade (27/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — proven Convex-style yield boosting with security audits, balanced by full dependency on Pendle Finance and liquid wrapper peg stability risk. Equilibria is a yield booster for Pendle Finance with $28M TVL, offering enhanced yields by aggregating vePENDLE governance power. Its B grade reflects established Convex-style mechanics with multiple security audits, balanced by full dependency on Pendle and liquid wrapper peg stability risk.
What are the main risks of using Equilibria?
The key risks identified for Equilibria are: (1) Equilibria is entirely dependent on Pendle Finance. If Pendle has a security issue or governance change, Equilibria's boosted yields could be reduced or eliminated. (2) ePENDLE makes locked PENDLE governance power liquid and tradeable. If it loses its peg to PENDLE, holders face exit losses. (3) The protocol monitors 300+ Pendle pools. This complexity could lead to missed opportunities or delayed responses.
What is Equilibria's risk score breakdown?
Equilibria scores 27/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 5/20, Oracle Surface: 2/10, Documentation Gaps: 2/10, Track Record: 3/15, Scale Exposure: 3/10, Regulatory Risk: 2/10, Vitality Risk: 7/10. The highest risk area is Vitality Risk at 7/10.
How does Equilibria compare to other Yield protocols?
Among 112 rated Yield protocols on Hindenrank, Equilibria ranks #12 by safety (lowest risk score = safest). Its 27/100 risk score and B grade place it among the safer Yield protocols.
Has Equilibria ever been hacked or exploited?
Equilibria 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.
Last scanned 2026-02-20