TrustedVolumes

TrustedVolumes receives a D+ risk grade (58/100) from Hindenrank, where lower scores indicate lower risk. TrustedVolumes represents a cautionary tale in DeFi security: a 2012-founded company with 100+ engineers deployed a smart contract with four simultaneous critical vulnerabilities and no prior audit. The $6.7M exploit in May 2026 — by the same attacker behind the 2025 1inch hack — reveals dangerous overconfidence in engineering capability over security process. Avoid any capital exposure to this platform until a clean third-party audit is published. TrustedVolumes is a professional crypto market maker that fills swap orders for DeFi users through 1inch. In May 2026, it lost $6.7M after hackers found four critical bugs in its code — including a function that let anyone register themselves as an authorized signer, with no access control whatsoever. There was no security audit before deployment. Funds recovery through bounty negotiation is uncertain.

The key risks identified for TrustedVolumes are: (1) The protocol had no security audit before the $6.7M exploit — standard DeFi due diligence was absent (2) Four simultaneous critical vulnerabilities suggest systemic code review failures, not a single oversight (3) The same attacker also hit 1inch Fusion in March 2025 — TrustedVolumes had over a year to audit similar code and did not (4) Recovery of $6.7M in stolen funds depends on bounty negotiation with the attacker — no guaranteed outcome

TrustedVolumes scores 58/100 across eight risk dimensions: Mechanism Novelty: 7/15, Interaction Severity: 18/20, Oracle Surface: 3/10, Documentation Gaps: 8/10, Track Record: 12/15, Scale Exposure: 0/10, Regulatory Risk: 4/10, Vitality Risk: 6/10. The highest risk area is Interaction Severity at 18/20.

Among 112 rated DEX protocols on Hindenrank, TrustedVolumes ranks #111 by safety (lowest risk score = safest). Its 58/100 risk score and D+ grade place it among the riskier DEX protocols.

TrustedVolumes scores 12/15 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.