Joule FinanceMicro-cap

Joule Finance receives a B- risk grade (35/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — isolated lending design is sound in theory, but shared dependencies and thin Aptos liquidity weaken the safety guarantees A lending protocol on the Aptos blockchain where you can deposit and borrow crypto with each loan kept separate to limit damage from a bad asset. It holds about $100M in deposits with no public funding. Its C+ grade reflects the risk that shared price feeds can break the safety walls between separate loans and that bridged tokens from Ethereum could bring outside problems in.

The key risks identified for Joule Finance are: (1) The protocol promises each loan is independent, but they share the same price feeds. If a price feed breaks, multiple 'separate' loans can fail at once. (2) Tokens bridged from Ethereum using LayerZero could be faked if the bridge is hacked, letting attackers steal real money with worthless collateral (3) Aptos has thinner trading markets than Ethereum, making it easier for attackers to manipulate prices and exploit the lending pools

Joule Finance scores 35/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 8/20, Oracle Surface: 5/10, Documentation Gaps: 3/10, Track Record: 5/15, Scale Exposure: 0/10, Regulatory Risk: 3/10, Vitality Risk: 8/10. The highest risk area is Vitality Risk at 8/10.

Among 90 rated Lending protocols on Hindenrank, Joule Finance ranks #44 by safety (lowest risk score = safest). Its 35/100 risk score and B- grade place it in the middle tier of Lending protocols.

Joule Finance 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.