PremiaMicro-cap

Premia receives a B- risk grade (32/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — first-of-kind options AMM design is novel, but low liquidity and structural adverse selection against retail LPs are serious concerns A decentralized options exchange where you can buy or sell call and put options on crypto. It holds $8M in deposits and runs across two Arbitrum chains. Its C+ grade reflects the challenge that professional traders consistently drain liquidity from retail providers who cannot keep up with options pricing complexity.

The key risks identified for Premia are: (1) If you provide liquidity, professional traders with better pricing models will systematically take money from you through smarter trades (2) The exchange splits its operations across two different chains, and if communication between them breaks, your orders can execute at wrong prices (3) With only $8M FDV, someone could buy the entire governance token cheaply and redirect protocol fees to themselves

Premia scores 32/100 across eight risk dimensions: Mechanism Novelty: 5/15, Interaction Severity: 7/20, Oracle Surface: 3/10, Documentation Gaps: 3/10, Track Record: 3/15, Scale Exposure: 0/10, Regulatory Risk: 3/10, Vitality Risk: 8/10. The highest risk area is Vitality Risk at 8/10.

Among 53 rated Derivatives protocols on Hindenrank, Premia ranks #8 by safety (lowest risk score = safest). Its 32/100 risk score and B- grade place it among the safer Derivatives protocols.

Premia scores 3/15 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.