Hundred Finance Review: Is It Safe to Use in 2026?

Hundred Finance is described as a community-owned fork of Compound Finance, a lending-market model in which users can supply supported crypto assets or borrow against collateral. The project lists markets across Arbitrum, Fantom, Polygon, Gnosis, Optimism, Ethereum, Harmony and Moonriver, and uses Chainlink oracles. HND is its token, but its current role in borrowing, lending or governance is not established.

This is not the same as a guaranteed-rate savings account. In a typical overcollateralised DeFi market, supply and borrow rates can change with available liquidity and demand. Borrowers can face liquidation if collateral value falls or borrowing grows too large relative to collateral. Check the specific market’s assets, collateral rules and current activity before interacting. Hundred Finance’s current operating status is unknown, so the list of networks should not be taken as proof that usable markets remain live on each one.

You should expect network transaction fees when supplying, borrowing, repaying or withdrawing from an on-chain lending market. Those fees are paid in the network’s native asset and vary with network conditions. Lending protocols also commonly adjust supply and borrowing rates as market utilisation changes; those rates are not fixed returns or guaranteed borrowing costs.

Hundred Finance does not publish fee details in the facts established here, and its current market rates are not known. Do not treat a quoted rate from an old interface or token listing as current. Before approving a transaction, inspect the exact market’s live rate, any protocol fee, the transaction’s gas estimate and the cost of repaying. If you borrow, account for rate changes and liquidation risk rather than relying on the initial rate. HND’s costs or benefits for users are also unclear, so do not assume holding it reduces fees or improves returns.

Security is the main reason for caution. Hundred Finance was reported hacked in April 2023, with the loss described as approximately $7 million. A past exploit does not by itself prove that every current or historic contract is vulnerable, but it makes contract-level verification essential. Do not assume that a redeployment, migration or claimed fix happened unless you can verify it for the exact market you plan to use.

Two audits are listed for the project, but their scope and whether they cover the contracts currently in use are not established. An audit is not a guarantee against exploits, oracle failures or user error. The project’s current operating status is unknown, and no licensing information is established. Treat funds supplied to a DeFi protocol as funds you could lose. Check the relevant contract addresses, incident updates and any security review directly before connecting a wallet, and avoid approving unlimited token access unless you understand the risk.

The listed networks are Arbitrum, Fantom, Polygon, Gnosis, Optimism, Ethereum, Harmony and Moonriver. Using a lending protocol generally requires a compatible crypto wallet, the right network selected, and enough of that network’s native token to pay transaction fees. Moving assets between networks may require a bridge, which adds separate risks and costs; do not assume Hundred Finance provides one.

There is no reliable current information establishing which markets are active, whether the app is functioning, or what support is available. The protocol’s current status is unknown. Before connecting a wallet, verify the official contract addresses through trusted, independent channels and confirm that the market has recent activity. Check the network shown in your wallet before signing, and read each transaction prompt. Avoid interacting through an old bookmark or an unverified link, especially when a protocol’s operational status is uncertain.

The clearest drawbacks are the reported 2023 exploit, uncertain current status and limited clarity on fees, live markets and audit coverage. The network list is broad, but a listed chain does not tell you whether a market still has liquidity or whether its contracts are safe to use. The HND token’s present utility and liquidity are also not established, so it should not be treated as a necessary part of using the lending service.

Hundred Finance is therefore difficult to recommend to people who want a simple, well-documented lending app or who cannot independently assess smart-contract and liquidation risks. If you are comparing lending protocols, look for current market data, clear contract addresses, incident and remediation details, named audit reports and transparent fee terms. If you cannot verify those points for the exact deployment, do not supply funds. A low or unknown level of activity can also make it harder to withdraw or borrow when you want to, even if a contract remains accessible.