Skip to content

Odyssey Review: What to Check Before You Use It

Odyssey presents itself as an Ethereum onchain finance app for leveraged yield and multi-venue trading. Its public overview leaves key questions about fees, contracts and safeguards unanswered, so you’ll need to verify those before using it.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

Odyssey key facts

Odyssey key facts
CategoryLeveraged Farming
ProductOnchain finance app with leveraged yield
NetworkEthereum
TradingPerps, RWAs and prediction markets
TokenNone listed
Updated

Odyssey FAQs

What does Odyssey do?

Odyssey describes a one-click leveraged-yield feature and a trading dashboard for perpetuals, real-world assets and prediction markets. The overview does not explain which strategies or venues are available in practice.

What fees does Odyssey charge?

Odyssey’s fees are not established by its public product overview. Check the current app and documentation for protocol fees, trading costs, borrowing costs and any performance fees before committing funds.

Is Odyssey safe to use?

The overview does not establish Odyssey’s custody model, smart-contract audit status or licensing. Before connecting a wallet, verify the contracts and audits through Odyssey’s documentation and understand what permissions a transaction requests.

Compare

Odyssey alternatives

All alternatives
3F logo

3F

Leveraged Farming

Score 5.3 out of 10

3F offers leveraged RWA vaults and stablecoin lending on Ethereum, but private-beta access, unpublished fees and limited audit details call for caution.

TVL $40.4M−2.3%Ethereum
Single Finance logo

Single Finance

Leveraged Farming

Score 5.3 out of 10

Single Finance offers leveraged farming and LP analytics, but its protection target is not guaranteed and fees and audit details need checking.

TVL $34.3K+7.0%Cronos · Arbitrum · Fantom
Yield Basis logo

Yield Basis

Leveraged Farming

Score 4.5 out of 10

Yield Basis aims to reduce impermanent loss on Ethereum, but unclear fees, strategy details and audit scope make careful checks essential.

TVL $93.4M−14.9%Ethereum
Extra Finance Leverage Farming logoScore 4.5 out of 10

Extra Finance offers lending and leveraged yield farming on Base, Optimism and Berachain, but check costs and contract risks before depositing.

TVL $9.17M−10.8%Base · Optimism · Berachain
DegenPrime logo

DegenPrime

Leveraged Farming

Score 4.3 out of 10

DegenPrime offers Base lending and up to 10x leveraged positions, but verify costs, liquidation rules and audit details before depositing.

TVL $29.5K−9.7%Base
Ultraswap logo

Ultraswap

Leveraged Farming

Score 4.0 out of 10

Ultraswap offers leveraged positions through Folks Finance on Algorand, but check its costs and liquidation rules before committing funds.

TVL $126K−0.3%Algorand

Same category

More Leveraged Farming dApps

Leveraged Farming rankings
Loop logo

Loop

Leveraged Farming

Score 4.0 out of 10

Loop lets experienced DeFi users borrow ETH against liquid-restaking collateral, but check its unpublished costs and liquidation terms first.

TVL $70.2K−0.5%Ethereum · XDC · BNB Chain +1
Primex Finance logo

Primex Finance

Leveraged Farming

Score 4.0 out of 10

Primex offers leveraged DEX trading and farming, but check current fees, liquidation terms and audit details before using it.

TVL $11.6K−1.3%Polygon · Arbitrum · Ethereum +1
AirPuff logo

AirPuff

Leveraged Farming

Score 3.8 out of 10

AirPuff offers lending and leveraged restaking strategies, but missing fee and risk details and no listed audits call for caution.

TVL $611K−0.8%Ethereum · Arbitrum · Mode +2
DeltaPrime logo

DeltaPrime

Leveraged Farming

Score 3.3 out of 10

DeltaPrime offers leveraged DeFi strategies on Avalanche and Arbitrum, but its reported 2024 exploit and unclear fees call for caution.

TVL $3.21M−1.8%Avalanche · Arbitrum
Alpha Homora logo

Alpha Homora

Leveraged Farming

Score 3.1 out of 10

Alpha Homora offers leveraged yield farming, but its 2021 exploit and unclear current status mean you should verify access and withdrawals before depositing.

Ethereum · BNB Chain · Optimism
Homora V2 logo

Homora V2

Leveraged Farming

Score 3.0 out of 10

Homora V2 offers leveraged yield farming, but its issue notice and unresolved risk questions make depositing difficult to recommend.

Ethereum · BNB Chain · Avalanche +2

Same chain

More on Ethereum

Ethereum rankings
Lido logo

Lido

Staking Pool

Score 7.8 out of 10

Lido turns staked ETH into liquid stETH, but variable rewards, a 10% reward fee and withdrawal and contract risks need checking.

TVL $21.7B−1.1%Ethereum · Solana · Terra +2
Bitvavo logo

Bitvavo

Centralized Exchanges

Score 7.7 out of 10

Bitvavo offers euro funding, 400+ crypto assets and Pro Mode, but check withdrawal terms and the separate risks of staking and leverage.

TVL $311M−13.3%Ethereum · Bitcoin · Solana +9

Aave

Lending

Score 7.7 out of 10

Aave offers open crypto lending and borrowing, but variable rates, gas costs and liquidation risk make it best for informed DeFi users.

Ethereum
Aave V3 logo

Aave V3

Lending

Score 7.6 out of 10

Aave V3 offers non-custodial lending and collateralised borrowing, but rates vary and deposits remain exposed to DeFi and liquidation risks.

TVL $15.8B+3.4%Ethereum · Base · Arbitrum +18
Getblock logo

Getblock

Infrastructure

Score 7.4 out of 10

GetBlock suits teams needing multi-chain RPC and data services, but check usage billing, coverage and SLA terms before relying on it in production.

Bitcoin · XRP Ledger · Ethereum +3
Uniswap logo

Uniswap

DEXes

Score 7.4 out of 10

Uniswap offers wallet-based swaps and liquidity pools across 15+ networks, but pool fees, gas and self-custody risks still matter.

Ethereum · Base · Arbitrum +2

How we checked

Sources

  1. the-odyssey-journey.com/en(opens in a new tab)
  2. britannica.com/topic/Odyssey-epic-by-Homer(opens in a new tab)
  3. app.withodyssey.com(opens in a new tab)

Last updated . Spotted an error? Tell us and we will correct it.