WOOFi

WOOFi receives a C risk grade (50/100) from Hindenrank, where lower scores indicate lower risk. High risk — already exploited for $8.75M via a known attack pattern that remains viable on other deployed chains A multi-chain decentralized exchange that uses a custom pricing algorithm fed by centralized market makers instead of traditional liquidity pools. It manages $30M in deposits. Its D+ grade reflects a $8.75M hack in March 2024 where an attacker used flash loans to manipulate the pricing engine, and the same attack could be repeated on other chains.

The key risks identified for WOOFi are: (1) A hacker stole $8.75M in March 2024 by crashing the WOO token price through the custom pricing algorithm -- this exact attack can be replicated on other chains (2) All prices come from one company's market-making operation -- if that system goes offline, the exchange quotes stale prices and bots drain your deposits (3) The exchange runs on 5+ blockchains, and a coordinated attack could drain pools across all of them before anyone can hit the pause button

WOOFi scores 50/100 across eight risk dimensions: Mechanism Novelty: 8/15, Interaction Severity: 12/20, Oracle Surface: 8/10, Documentation Gaps: 3/10, Track Record: 8/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 5/10. The highest risk area is Oracle Surface at 8/10.

Among 111 rated DEX protocols on Hindenrank, WOOFi ranks #105 by safety (lowest risk score = safest). Its 50/100 risk score and C grade place it among the riskier DEX protocols.

WOOFi scores 8/15 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.