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DappBay: Red Alarm dApp Risk-List (Sep. 9th - Sep. 16th)

2022.9.16 • 2 min read

Disclaimer: The information provided through the BNB Chain community does not constitute advice or recommendation for investment or trading. Projects are listed in no particular order below. BNB Chain does not take responsibility for any of your investment decisions. Please seek professional advice before taking financial risks.

The Red Alarm list highlights risky dApps on BNB Chain. The dApps on the Red Alarm list are assigned a significant or high-risk level and range from rug pulls to scams.

In most cases, a risky dApp’s contract performs differently from what the dApp advertises. When dApp users interact with risky contracts, they are at risk of losing all their funds.

The Red Alarm list is updated every Friday on DappBay to include new risky projects and decentralized applications. With an increasing number of dApps on the Red Alarm list, users can sort dApps by category, date listed on Red Alarm, and highest number of users.

The list of dApps on Red Alarm for Friday 16th September 2022 feature a high number of projects with abandoned websites including Antisocial Finance, Golden Farming, BeerGarden Finance, Bep Finance, Chessfarm, Mars Farm, Minter, Popcorn Swap, Potatos Finance, Tetris, Thunder Finance, Tin Finance, WallstreetSwap Finance, Miners Bet, Retro DeFi, Bella Protocol (fake), BUSDb (fake), BUSD (fake), and BUSD (fake 1).

Sr. No.	dApp Name	Level of Risk	Risk Description
1	Antisocial Finance	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
2	Golden Farming	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
3	BeerGarden Finance	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
4	Bep Finance	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
5	Chessfarm	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
6	Mars Farm	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets 3. A backdoor function exists
7	Minter	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
8	Popcorn Swap	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
9	Potatos Finance	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
10	Tetris	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
11	Thunder Finance	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets 3. A backdoor function exists
12	Tin Finance	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
13	WallstreetSwap Finance	High-Risk	1. Website abandoned 2. High Concentration of tokens in few wallets
14	Miners Bet	High-Risk	1. The contract sourcecode is unverified 2. It's a gambling platform which will win 300% in 24hours or lose all
15	Retro DeFi	High-Risk	1. Abnormally high sell fees 2. High Concentration of tokens in few wallets 3. A backdoor function exists
16	Bella Protocol (fake)	High-Risk	1. Fake token pretending to be Bella Protocol
17	BUSDb (fake)	High-Risk	1. Fake token pretending to be BUSDb
18	BUSD (fake)	High-Risk	1. Fake token pretending to be BUSD
19	BUSD (fake 1)	High-Risk	1. Fake token pretending to be BUSD

We implore you to act with caution in general, but ask you to take particular care when dealing with the projects we highlight as risky on our weekly update. We want you to continue enjoying our ecosystem and most importantly, stay SAFU!

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