Best of · Ethereum · Updated
The best High Risk dApps on Ethereum in 2026
We track 5 High Risk dApps that run on Ethereum and have reviewed 5 of them in full. Our top pick is Openliquid. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
Openliquid
High Risk · Ethereum, Solana, Base +9
OpenLiquid is a Telegram bot that generates token trades to raise on-chain volume and pursue visibility on DexScreener and DexTools. Its 1% session fee is clear, but artificially boosted activity can mislead traders and carries platform and reputational risks.
ScoreScore 5.0 out of 10TVL — - 2
Fomo3D
High Risk · Ethereum
Fomo3D is an Ethereum game in which players buy keys, feed a pot and race a countdown timer. It is a high-risk game of timing, not a yield product, and most participants should expect to lose money.
ScoreScore 3.0 out of 10TVL $2.64M−0.1% - 3
Doubleway
High Risk · Ethereum
Doubleway is a referral-driven binary MLM built on an Ethereum smart contract, with a 0.08 ETH entry. It has the hallmarks of a pyramid scheme, so treat it as extremely high risk.
ScoreScore 1.5 out of 10TVL — - 4
Dappcluster
High Risk · Ethereum
Dappcluster is described as an Ethereum smart contract that auto-compounds deposits and advertises 2% daily returns. Its payout mechanics, security and current operating status are unclear, so treat it as high risk.
ScoreScore 1.5 out of 10TVL — - 5
Forsage
High Risk · Ethereum
Forsage presented itself as a decentralized Ethereum matrix crowdfunding project, but US authorities have charged its founders over an alleged $340 million Ponzi scheme. Treat it as a high-risk scheme to avoid, not as a legitimate investment.
ScoreScore 0.5 out of 10TVL —
High Risk dApps on Ethereum: the numbers
- Tracked
- 5
- Reviewed
- 5
- Total TVL
- $2.64M
- Avg. score
- 2.3/10
There are 5 high risk dApps on Ethereum in the DappsAtlas index. Every one of them has a full review. Across the 1 with TVL data, the combined value locked is $2.64M, counting value on every chain they support.
Only Fomo3D reports value locked, at $2.64M. The best-rated is Openliquid with 5.0/10, followed by Fomo3D (3.0) and Doubleway (1.5). The 5 rated high risk dApps average 2.3/10, and none scores 8 or above yet.
Largest by TVL
- 1
Fomo3D$2.64M
Highest rated
- 1
Openliquid5.0
- 2
- 3
Doubleway1.5
- 4Dappcluster1.5
- 5Forsage0.5
Method
How we ranked them
Reviewed dApps come first. Each DappsAtlas review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.
Guides
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Frequently asked questions
What is the largest high risk dApp on Ethereum by TVL?
Fomo3D is the largest high risk dApp on Ethereum by total value locked, with $2.64M across all the chains it supports. TVL figures come from DefiLlama and change daily.
Which high risk dApp on Ethereum has the highest DappsAtlas score?
Openliquid has the highest score at 5.0/10, ahead of Fomo3D (3.0) and Doubleway (1.5). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many high risk dApps on Ethereum has DappsAtlas reviewed?
DappsAtlas tracks 5 high risk dApps on Ethereum. Of these, 5 have a full review and 1 report value locked, $2.64M in total, counting value on every chain they support.
What is the average score for high risk dApps on Ethereum?
The 5 rated high risk dApps on Ethereum average 2.3 out of 10. Of these, 0 score 8 or higher and 4 score below 5.