Exactly ProtocolMicro-cap

Exactly Protocol receives a B risk grade (25/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — novel fixed-rate design on L2s that has not been stress-tested through a major market crash A lending protocol that offers fixed interest rates with set maturity dates alongside variable rates, similar to bonds in traditional finance. It manages $50M across Optimism and Base with $5M in funding. Its B- grade reflects the novel fixed-rate design offset by small scale and L2 dependency risks.

The key risks identified for Exactly Protocol are: (1) Fixed-rate loans lock up your money until maturity. If interest rates spike elsewhere, you cannot withdraw because borrowers still have time on their loans (2) The protocol runs on Optimism and Base, where a network outage can delay price updates. Stale prices let attackers borrow against overvalued collateral (3) With only $3.3M in token value, buying enough governance tokens to change the protocol's rules is extremely cheap for an attacker

Exactly Protocol scores 25/100 across eight risk dimensions: Mechanism Novelty: 5/15, Interaction Severity: 6/20, Oracle Surface: 4/10, Documentation Gaps: 2/10, Track Record: 2/15, Scale Exposure: 0/10, Regulatory Risk: 2/10, Vitality Risk: 4/10. The highest risk area is Oracle Surface at 4/10.

Among 90 rated Lending protocols on Hindenrank, Exactly Protocol ranks #3 by safety (lowest risk score = safest). Its 25/100 risk score and B grade place it among the safer Lending protocols.

Exactly Protocol scores 2/15 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.