//Veno Finance
B-

Veno FinanceMicro-cap

Risk Score 29/100·D+Value
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$44MTVL·$11MFDV·Liquid StakingWebsite →

Veno Finance is a well-executed liquid staking protocol for the Cronos ecosystem with solid documentation and an insurance module. However, heavy CRO concentration and bridge dependency create ecosystem-specific risks. Best suited for committed Cronos participants who want liquid staking exposure.

Risk Breakdown

Top Risks

1

Heavy concentration on Cronos chain — if Cronos ecosystem declines or CRO price crashes, Veno's TVL and utility collapse in tandem

2

32-day unstaking period for CRO creates illiquidity risk: users cannot exit quickly if market conditions deteriorate, relying on secondary LCRO markets that may not have sufficient depth

3

Validator concentration risk — Veno stakes through its own validator(s), creating single-point-of-failure for slashing

Frequently Asked Questions

Is Veno Finance safe to use?
Veno Finance receives a B- risk grade (29/100) from Hindenrank, where lower scores indicate lower risk. Veno Finance is a well-executed liquid staking protocol for the Cronos ecosystem with solid documentation and an insurance module. However, heavy CRO concentration and bridge dependency create ecosystem-specific risks. Best suited for committed Cronos participants who want liquid staking exposure. Veno Finance is the leading liquid staking protocol on Cronos, letting you stake CRO and receive LCRO — a yield-bearing token usable across Cronos DeFi. It has expanded to support ATOM, TIA, and ETH on zkSync Era, with a slashing insurance module for added protection.
What are the main risks of using Veno Finance?
The key risks identified for Veno Finance are: (1) If CRO price crashes, your staked value drops and it takes 32 days to unstake (2) Relies on a bridge between Cronos chains — bridge hacks are common in crypto (3) Almost entirely dependent on the Cronos ecosystem's health and growth
What is Veno Finance's risk score breakdown?
Veno Finance scores 29/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 5/20, Oracle Surface: 2/10, Documentation Gaps: 2/10, Track Record: 5/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 6/10. The highest risk area is Vitality Risk at 6/10.
How does Veno Finance compare to other Liquid Staking protocols?
Among 83 rated Liquid Staking protocols on Hindenrank, Veno Finance ranks #37 by safety (lowest risk score = safest). Its 29/100 risk score and B- grade place it in the middle tier of Liquid Staking protocols.
Has Veno Finance ever been hacked or exploited?
Veno Finance scores 5/15 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.
Last scanned 2026-02-26

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