Extra Finance VaultsMicro-cap
Elevated risk — leveraged yield farming inherently carries liquidation and smart contract risk, with up to 7x leverage amplifying both returns and potential losses.
Top Risks
1
Leveraged yield farming up to 7x amplifies impermanent loss and liquidation risk during volatile markets
2
Oracle dependency for collateral pricing and liquidation triggers — stale or manipulated feeds could delay critical liquidations
3
veEXTRA governance directs emissions to pools — vote-escrow capture and bribery dynamics could misallocate incentives
4
No confirmed public security audit despite managing leveraged positions with significant smart contract complexity
Risk Breakdown
Frequently Asked Questions
Is Extra Finance Vaults safe to use?
Extra Finance Vaults receives a C+ risk grade (41/100) from Hindenrank, where lower scores indicate lower risk. Elevated risk — leveraged yield farming inherently carries liquidation and smart contract risk, with up to 7x leverage amplifying both returns and potential losses. Extra Finance is a leveraged yield farming and lending protocol offering up to 7x leverage on farming positions across Optimism and Base. With ~$11M TVL and a veEXTRA governance model for directing token emissions, it follows the established leveraged farming playbook. The C+ grade reflects the inherent risk of high leverage, oracle dependencies for liquidations, and the absence of confirmed security audits.
What are the main risks of using Extra Finance Vaults?
The key risks identified for Extra Finance Vaults are: (1) Leveraged farming up to 7x means even modest price drops (15-20%) can trigger liquidation of your position — leverage amplifies both gains and losses significantly (2) No confirmed public security audit for the smart contracts managing leveraged positions, lending pools, and liquidation logic (3) EXTRA token emissions follow a declining schedule with governance-directed allocation — early veEXTRA holders may capture disproportionate value
What is Extra Finance Vaults's risk score breakdown?
Extra Finance Vaults scores 41/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 8/20, Oracle Surface: 5/10, Documentation Gaps: 4/10, Track Record: 9/15, Scale Exposure: 3/10, Regulatory Risk: 2/10, Vitality Risk: 7/10. The highest risk area is Vitality Risk at 7/10.
How does Extra Finance Vaults compare to other Yield protocols?
Among 112 rated Yield protocols on Hindenrank, Extra Finance Vaults ranks #77 by safety (lowest risk score = safest). Its 41/100 risk score and C+ grade place it among the riskier Yield protocols.
Has Extra Finance Vaults ever been hacked or exploited?
Extra Finance Vaults scores 9/15 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 2026-02-27