Instadapp

Instadapp receives a C+ risk grade (38/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — novel leverage mechanisms are powerful but untested under real market stress; a 2025 external collateral incident was fully resolved A DeFi middleware layer that lets you manage lending and trading positions across protocols like Aave and Compound from a single smart account. It holds ~$1.2B in deposits and runs its own DEX and lending engine called Fluid. Its C+ risk grade reflects novel but untested mechanisms that allow up to 39x theoretical leverage through recursive collateral-debt loops. The FLUID token (rebranded from INST) now benefits from a formal buyback program using 100% of Ethereum mainnet revenue.

The key risks identified for Instadapp are: (1) Your collateral and your debt can both lose value at the same time, creating a feedback loop that could amplify losses up to 39x in a crash (2) All deposits share a single pool of liquidity across lending, trading, and vaults. If one part breaks, every part breaks. (3) Automated trading bots with permission to manage your account could be compromised, draining funds across multiple protocols in one transaction

Instadapp scores 38/100 across eight risk dimensions: Mechanism Novelty: 9/15, Interaction Severity: 6/20, Oracle Surface: 2/10, Documentation Gaps: 2/10, Track Record: 5/15, Scale Exposure: 7/10, Regulatory Risk: 2/10, Vitality Risk: 5/10. The highest risk area is Scale Exposure at 7/10.

Among 69 rated DeFi protocols on Hindenrank, Instadapp ranks #43 by safety (lowest risk score = safest). Its 38/100 risk score and C+ grade place it in the middle tier of DeFi protocols.

Instadapp scores 5/15 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.