Yield Aggregator · Review
ActiveReaper Farm Review 2026: Auto-Compounding With Risk
Reaper Farm is a DeFi yield optimizer that uses smart contracts to auto-compound liquidity-mining rewards across several chains. Its main convenience is automated compounding, but a reported 2022 exploit is a significant security concern.
By the DappsAtlas editorial team · Updated
DappsAtlas score
4.5/10
Weak
Our verdict on Reaper Farm
4.5/10Reaper Farm may suit DeFi users who already understand liquidity mining and want smart contracts to handle reward reinvestment across supported networks. Auto-compounding is its clearest benefit, and the multi-chain footprint gives users more than one ecosystem to consider. The central caveat is serious: the protocol suffered a reported $1.7 million exploit in 2022. Audit details and fees are not published here, making independent evaluation harder. Treat each vault as a high-risk smart-contract position and verify its current status before depositing.
Score breakdown
How Reaper Farm scores
- Security
- 2.0/10
- Ease of use
- 6.0/10
- Fees
- n/a
- Features
- 6.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Reaper Farm?
Reaper Farm is a yield aggregator that automates the compounding of liquidity-mining rewards. Users connect a wallet and deposit into a strategy vault; smart contracts handle reward reinvestment. The aim is to reduce the manual steps involved in maintaining a yield-farming position.
The project is listed on Fantom, Optimism, BNB Chain and Arbitrum, and OATH is its named token. Reaper Farm suffered an exploit in 2022 that reportedly caused around $1.7 million in losses. Its fee schedule and detailed vault information are not published here, so prospective users should verify current vault status and terms before depositing.
How Reaper Farm works
A yield aggregator pools user deposits into strategy vaults. Reaper Farm is described as a yield optimizer that uses smart contracts to auto-compound liquidity-mining rewards: the contracts collect rewards and reinvest them into the strategy rather than requiring each user to claim and compound manually. This can reduce repeated transaction work, but it does not guarantee a profit or protect against losses.
The project is listed across Fantom, Optimism, BNB Chain and Arbitrum. The exact vaults, assets and strategy rules are not specified here, so users need to check the selected vault’s details before depositing. Returns depend on the underlying liquidity-mining strategy and can change as token prices, reward rates and liquidity conditions change.
4 features
Key features
01
Auto-compounding
Smart contracts claim and reinvest liquidity-mining rewards, reducing the need for users to compound positions manually.
02
Multi-chain vaults
The project is listed across Fantom, Optimism, BNB Chain and Arbitrum, though the available vaults may vary by network.
03
Strategy deposits
Users connect a wallet and deposit into a strategy vault. Exact vault options and deposit requirements are not specified here.
04
OATH token
OATH is named as the project’s token, but its functions are not detailed here.
Pros and cons
What we like
- Automates reward claiming and reinvestment, reducing manual compounding.
- Listed across four networks: Fantom, Optimism, BNB Chain and Arbitrum.
- Vault-based strategies give users a way to access yield farming through a single deposit flow.
Watch out for
- Reaper Farm suffered an exploit in 2022 that reportedly caused losses of around $1.7 million.
- The audit names, dates, scope and findings are not published here, so the listed audits are difficult to assess.
- Fees and vault-specific costs are not published.
- Auto-compounding vaults still expose users to smart-contract, liquidity and underlying protocol risks.
- Supported vaults and current strategy details are not stated.
Reaper Farm fees
Reaper Farm’s fee schedule is not published here. Vault fees and any other costs should be checked in the app before depositing; network transaction fees also apply when making on-chain transactions.
Is Reaper Farm safe?
Reaper Farm suffered an exploit in 2022 that reportedly resulted in losses of around $1.7 million. This is a material security concern for a protocol that relies on smart contracts to manage deposits and strategies. Two audits are listed, but their names, dates, scope and findings are not stated here; an audit also cannot guarantee that a protocol is safe.
Vault deposits carry smart-contract risk as well as risks from the underlying protocols, tokens and liquidity pools. The project’s licensing or regulatory status is not stated. Review the status and terms of any vault before depositing, and only use funds you can afford to lose.
5 steps
How to get started with Reaper Farm
- 1
Check that Reaper Farm and the specific vault you want to use are available on your chosen network.
- 2
Connect a compatible wallet and make sure it is set to that network.
- 3
Review the vault’s strategy, deposit requirements, risks and displayed fees before proceeding.
- 4
Provide the required asset or liquidity-provider token and approve the transaction in your wallet.
- 5
Monitor the position and withdraw through the vault when you want to exit, accounting for transaction fees and any applicable withdrawal conditions.
Who Reaper Farm is for
Reaper Farm is aimed at DeFi users who are comfortable with liquidity pools, wallet approvals and smart-contract risk, and who want to automate compounding rather than manage reward reinvestment manually. It is a poor fit for anyone seeking guaranteed returns or a protocol with a clean, fully documented security record.
Reaper Farm FAQs
What is Reaper Farm?
Reaper Farm is a yield aggregator that automates compounding for liquidity-mining strategies. Instead of manually claiming and reinvesting rewards, users deposit into a vault that handles this process through smart contracts.
Which chains does Reaper Farm support?
Reaper Farm is listed on Fantom, Optimism, BNB Chain and Arbitrum. Check the app and the specific vault before connecting a wallet, since the available strategies may differ by chain.
What is the Reaper Farm token?
OATH is the token named for Reaper Farm. The token’s utility and any role in vault deposits or rewards are not specified here.
Was Reaper Farm hacked?
Reaper Farm suffered an exploit in 2022, with reported losses of around $1.7 million. That incident makes it especially important to review the status of any vault and the project’s security disclosures before depositing.
What fees does Reaper Farm charge?
Vaults can charge fees, but Reaper Farm’s fee schedule is not published here. Check the relevant vault details in the app before depositing.
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How we checked
Sources
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