Radiant CapitalMicro-cap
High risk — two major exploits in 2024 including a state-sponsored attack demonstrate fundamental security failures that a threshold increase alone cannot fix
Top Risks
1
Two major exploits in 2024: $4.5M flash loan attack (January) and $53M multisig compromise by North Korean hackers (October)
2
3-of-11 multisig wallet governance was trivially compromised via INLETDRIFT malware targeting hardware wallet signing
3
TVL collapsed 98% from $400M to under $5M following exploits; protocol viability is severely in question
Risk Breakdown
Frequently Asked Questions
Is Radiant Capital safe to use?
Radiant Capital receives a D+ risk grade (62/100) from Hindenrank, where lower scores indicate lower risk. High risk — two major exploits in 2024 including a state-sponsored attack demonstrate fundamental security failures that a threshold increase alone cannot fix A cross-chain lending platform where you can deposit on one blockchain and borrow on another. It holds just $5M in deposits after losing $53M to North Korean hackers in October 2024. Its F grade reflects two major exploits in a single year and a 98% collapse in deposits from $400M.
What are the main risks of using Radiant Capital?
The key risks identified for Radiant Capital are: (1) North Korean hackers stole $53M in October 2024 by compromising just 3 of the 11 people who controlled the protocol's master key (2) A separate $4.5M hack earlier in January 2024 exploited a different vulnerability -- two major hacks in one year (3) TVL crashed 98% from $400M to $5M. The protocol may not have enough revenue to fund security improvements or even keep running
What is Radiant Capital's risk score breakdown?
Radiant Capital scores 62/100 across eight risk dimensions: Mechanism Novelty: 2/15, Interaction Severity: 20/20, Oracle Surface: 5/10, Documentation Gaps: 8/10, Track Record: 15/15, Scale Exposure: 0/10, Regulatory Risk: 3/10, Vitality Risk: 9/10. The highest risk area is Interaction Severity at 20/20.
How does Radiant Capital compare to other Lending protocols?
Among 90 rated Lending protocols on Hindenrank, Radiant Capital ranks #89 by safety (lowest risk score = safest). Its 62/100 risk score and D+ grade place it among the riskier Lending protocols.
Has Radiant Capital ever been hacked or exploited?
Radiant Capital scores 15/15 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.
Incident History
3incidents|$103Mtotal losses
Last scanned 2026-03-12