TruebitMicro-cap

Truebit receives a D risk grade (68/100) from Hindenrank, where lower scores indicate lower risk. High risk — protocol is dead after a $26.4M exploit, with zero recovery prospects and a 99.9% token crash A computation verification network that was supposed to let smart contracts run complex calculations off-chain. It held no meaningful deposits at the time of its collapse. Its D grade reflects a devastating $26.4M hack in January 2026 that crashed the TRU token by 99.9% -- the protocol is effectively dead.

The key risks identified for Truebit are: (1) A hacker exploited a basic math error in 5-year-old code to steal 8,535 ETH ($26.4M) in a single transaction -- the token crashed to near zero (2) The stolen funds were immediately laundered through Tornado Cash, eliminating any chance of recovery (3) The protocol has no active users, no liquidity, and no clear team commitment to rebuilding -- it is functionally abandoned

Truebit scores 68/100 across eight risk dimensions: Mechanism Novelty: 9/15, Interaction Severity: 20/20, Oracle Surface: 7/10, Documentation Gaps: 8/10, Track Record: 15/15, Scale Exposure: 0/10, Regulatory Risk: 3/10, Vitality Risk: 6/10. The highest risk area is Interaction Severity at 20/20.

Among 68 rated DeFi protocols on Hindenrank, Truebit ranks #68 by safety (lowest risk score = safest). Its 68/100 risk score and D grade place it among the riskier DeFi protocols.

Truebit 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.