Extra FinanceMicro-cap
Moderate risk — high leverage amplifies every risk by up to 7x, making small price moves potentially devastating
Top Risks
1
Up to 7x leverage on yield farming positions means a ~2.5% adverse price move can trigger liquidation, with partial liquidation (30%) potentially insufficient during rapid crashes
2
Dual oracle system (TWAP + Chainlink) provides some protection but TWAP manipulation remains viable on low-liquidity farming pairs
3
Impermanent loss is amplified by leverage factor — at 7x, standard IL becomes catastrophic during sustained directional price moves
Risk Breakdown
Frequently Asked Questions
Is Extra Finance safe to use?
Extra Finance receives a C+ risk grade (39/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — high leverage amplifies every risk by up to 7x, making small price moves potentially devastating A leveraged yield farming protocol where you can borrow up to 7x your deposit to amplify farming returns. It manages $130M in deposits with no disclosed funding. Its C+ grade reflects the extreme liquidation risk at high leverage and the amplified losses from price swings.
What are the main risks of using Extra Finance?
The key risks identified for Extra Finance are: (1) At 7x leverage, a price move of just 2.5% against you triggers liquidation and you lose your entire deposit. Most users do not realize how thin the margin is (2) Price feeds can be manipulated on low-volume trading pairs, letting attackers either force your liquidation at fake prices or borrow against inflated collateral (3) Losses from providing liquidity to two-token pools are multiplied by your leverage. A 10% price swing at 7x can wipe out your position entirely
What is Extra Finance's risk score breakdown?
Extra Finance scores 39/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 10/20, Oracle Surface: 5/10, Documentation Gaps: 3/10, Track Record: 4/15, Scale Exposure: 3/10, Regulatory Risk: 2/10, Vitality Risk: 9/10. The highest risk area is Vitality Risk at 9/10.
How does Extra Finance compare to other Yield protocols?
Among 112 rated Yield protocols on Hindenrank, Extra Finance ranks #66 by safety (lowest risk score = safest). Its 39/100 risk score and C+ grade place it in the middle tier of Yield protocols.
Has Extra Finance ever been hacked or exploited?
Extra Finance scores 4/15 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 2026-02-26