By Menno — 13 years in crypto, 3 bear markets survived, zero paid promotions
Last updated: April 2026
Mango (MNGO) Risk Score
Mango (MNGO) has a composite risk score of 21/100, classified as Low Risk. This score is derived from 2 active indicators and updates every 6 hours. Decentralized trading platform on Solana offering spot, margin, and perpetuals trading with a cross-margin risk engine.
Mango Risk Score
Low Risk
What Does This Score Mean?
A score of 21 means Mango is in the Low Risk zone. Scores below 40 indicate relatively lower risk conditions, while scores above 60 suggest elevated risk.
This composite is computed from up to 9 indicators including on-chain data, market sentiment, and price action. The individual indicator scores are available to Alpha Factory members.
Scoring Indicators
| Indicator | Weight | Status |
|---|---|---|
| Risk Wave | 23% | Core |
| RSI (2-Week) | 18% | Core |
| ATH Distance | 5% | Core |
| Bitcoin Dominance | 5% | Core |
| Fear & Greed Index | 14% | Core |
| ALT/BTC Ratio | 5% | Core |
| BTC Production Cost | 9% | Core |
| Funding Rate | 5% | Modifier |
| Token Unlocks | 18% | Modifier |
Mango Investment Context
Mango Markets pioneered the cross-margined on-chain trading account on Solana, enabling a unified portfolio management experience unavailable on early AMM-only DEXs. The CLOB design provides genuine price discovery rather than algorithmic curve pricing. Despite suffering a $114M oracle manipulation exploit in October 2022, the protocol rebuilt and the MNGO token has retained a community willing to continue development. For sophisticated Solana DeFi users who want leveraged cross-margin trading with self-custody, Mango remains the primary venue.
Key Features:
- Cross-margined accounts allow a single account to simultaneously hold spot, margin, and perpetual positions
- On-chain CLOB (central limit order book) provides price discovery and order matching without off-chain components
- MNGO token governs the Mango DAO which controls protocol parameters and insurance fund allocation
- Deeply liquidated insurance fund provides backstop for socialized losses from large liquidation events
Key Risks:
- October 2022 oracle manipulation exploit damaged protocol reputation significantly and depleted the insurance fund
- Mango's cross-margin design creates systemic risk during simultaneous liquidation cascades across interconnected positions
- On-chain CLOB designs struggle with throughput and front-running compared to off-chain matching systems
DeFi Category
Decentralized Finance tokens power protocols that recreate financial services without traditional intermediaries.
Strategy: DeFi tokens live and die by TVL and real fee revenue. Focus on protocols generating sustainable revenue.
View all DeFi risk scores →Compare with DeFi Peers
| # | Coin | Score |
|---|---|---|
| 1 | Curve DAO CRV | 9 |
| 2 | Ethena ENA | 9 |
| 3 | Injective INJ | 9 |
Frequently Asked Questions
What is the current risk score for Mango?
Mango (MNGO) currently has a composite risk score of 21/100, classified as "Low Risk". This score is derived from 2 active indicators including Risk Wave, RSI, and market sentiment data.
How risky is Mango compared to other DeFi coins?
DeFi coins generally carry high risk. Decentralized Finance tokens power protocols that recreate financial services without traditional intermediaries. Among peers, Curve DAO currently shows the lowest risk in this category.
What indicators are used to score Mango?
The Mango risk score uses up to 9 indicators: Risk Wave (momentum), 2-week RSI (overbought/oversold), ATH Distance, Bitcoin Dominance, Fear & Greed Index, ALT/BTC Ratio, BTC Production Cost, Funding Rate, and Token Unlocks. Each indicator is weighted based on its predictive value for altcoin market conditions.
Should I invest in Mango based on this risk score?
Risk scores are for informational purposes only and do not constitute financial advice. Mango Markets pioneered the cross-margined on-chain trading account on Solana, enabling a unified portfolio management experience unavailable on early AMM-only DEXs. The CLOB design provides genuine p... Always do your own research and consult a financial advisor.