Summer.fi

Summer.fi receives a B- risk grade (31/100) from Hindenrank, where lower scores indicate lower risk. Lower risk — years of production use and solid automation, but unified leverage across three protocols creates correlated liquidation risk during crashes Originally the MakerDAO frontend (Oasis.app), now a one-stop interface for leveraged crypto positions across Aave, Maker, and Morpho. It holds $150M in deposits. Its B grade reflects battle-tested automation inherited from DeFi Saver, offset by the correlated risk of running leveraged positions across three protocols at once.

The key risks identified for Summer.fi are: (1) When ETH drops sharply, Summer.fi tries to deleverage your positions on Aave, Maker, and Morpho all at the same time. That concentrated sell pressure makes slippage worse and leads to bigger losses than if the positions were independent (2) A hack on any one of the three underlying protocols (Aave, Maker, Morpho) directly hits Summer.fi vaults. You are exposed to the weakest link across three separate smart contract systems (3) During a gas price spike, the automated protection that saves you from liquidation may cost too much to execute. Your position gets liquidated right when the protection was supposed to save it

Summer.fi scores 31/100 across eight risk dimensions: Mechanism Novelty: 5/15, Interaction Severity: 6/20, Oracle Surface: 2/10, Documentation Gaps: 2/10, Track Record: 2/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 8/10. The highest risk area is Vitality Risk at 8/10.

Among 68 rated DeFi protocols on Hindenrank, Summer.fi ranks #23 by safety (lowest risk score = safest). Its 31/100 risk score and B- grade place it among the safer DeFi protocols.

Summer.fi scores 2/15 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.