What is Gamma's risk level?

Yielna's risk meter reads Moderate for Gamma, from its contracts, their control and its history. It measures structural and historical risk, not future returns.

Is Gamma verified by Yielna?

Not at present: Gamma does not hold a Yielna badge, which means a requirement is not met or could not be verified.

Who controls Gamma's contracts?

Admin control: 3 of 5 signers must approve. Timelock: None — admin changes take effect immediately.

$3.2M, as reported by DefiLlama.

Has Gamma been exploited?

3 exploits are recorded for Gamma; its page lists each, with what was lost and repaid.

Gamma

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Overview

TVL

$3.2M

Up 21% over 90 days

Live since

2021

TVL, last 90 days

Risk

How it's measured

Moderate

Full data

Security

AuditsAudited by ConsenSys Diligence, July 2021Audit page 1 Audit page 2

Contract statusAll contracts verified, immutableGamma 0x6BeA…e197 xGamma 0x2680…7D8c

Multisig3 of 5 signers must approveSafe 0xf2c5…9a47

TimelockNone — admin changes take effect immediately

Track record

Through market stressCame through all 5UST/Luna collapse (May 2022) — kept 47% of its depositsFTX collapse (Nov 2022) — deposits grew 14%USDC depeg (Mar 2023) — deposits grew 166%August 2024 crash — kept 75% of its depositsOctober 2025 liquidation cascade — kept 82% of its deposits

Exploit history

4 Jan 2024 — Spot Price Manipulation$4.5M lost · No reimbursement recorded
21 Dec 2021 — Arithmetic Error$4.5M lost · No reimbursement recorded
21 Dec 2021 — Reentrancy$8.2M lost · No reimbursement recorded