Quarry provides tools to maximize DeFi yields through automatic re-investment of incentives, rewards and other types of payouts.

Yield

Quarry

Protocol Code Quality

Protocol Maturity

Protocol Design

Risk Rating

Watch Out

* [Documentation](https://github.com/QuarryProtocol/quarry) 
 * Auditors 
 	* [Quantstamp](https://github.com/QuarryProtocol/quarry/blob/master/audit/quantstamp.pdf) 
 * Please see our [FAQ on experienced auditors](https://help.exponential.fi/en/articles/6381015-what-are-experienced-auditors)

Exploit/Hacks

green

None

* [Website](https://quarry.so/)  
 * Tags: Yield

Info

* TVL: $19.5M (Rank #111)  
 * TVL Ranking by Yield: #10  
 * Blockchain: Solana  
 * Chain TVL  
 	* Solana: $27.53M

Key Metrics

Information


- Code reviewed by at least one experienced auditor; [Quantstamp](https://github.com/QuarryProtocol/quarry/blob/master/audit/quantstamp.pdf) audited in December 2021
- Anonymous team reduces transparency
- No documented protocol hacks since launch

yellow


- Core protocol launched in 2022; maturity less than 1 year increases technical risk as smart contracts are less battle-tested
- Top 10% by total value locked reduces risk
- Centralized governance increases risk
- Low voting power concentration reduces risk


- No concerns identified
- Quarry helps third-party protocols run and manage incentive programs to reward liquidity providers

Risk Assessment

Quarry is the easiest place for Solana users to discover, farm, as well as launch their own liquidity mining programs.

What we like

Quarry does not currently have a governance token for users to impact the protocol's future direction.

What we like less

Offers you a simple user interface to easily discover and farm yield from top Solana protocols.

What it means for you

Summary

#### How Quarry works
Quarry is a user interface that serves to be the defacto DeFi hub for all yield farming activity on Solana. The protocol has succesfully partnered with two of the largest protocols on Solana including Saber and Marinade. Quarry provides a simple way for users to earn yield with their liquidity provider (LP) tokens on Solana by farming protocol rewards.
#### How Quarry makes money
The protocol has not provided any information on whether or not they charge any fees on the yield earned.
#### How you make money on Quarry
You make money by depositing LP tokens from various Solana protocols on Quarry.