Summary
CryptoRisk Studio is a free desktop app for Windows and Mac that reads your exchange portfolio and turns it into a single 0 to 100 risk score, with the reason behind every point. It runs locally on your computer, needs no account, and only accepts read-only exchange keys, so it cannot trade, transfer or withdraw.
Quick Verdict
For anyone holding crypto on Binance, Kraken or Coinbase who wants to know how exposed they are before a crash tells them, this is an easy recommendation: it costs nothing, keeps your data on your machine, and explains its numbers instead of just printing them. The trade-offs are those of a young product. It is at version 0.7, the installers are not yet signed, Kraken and Coinbase support is in beta, and there is no mobile app.
Best For / Not Recommended For
Best For
- Holders with funds on Binance, Kraken or Coinbase who want one risk view across all three.
- Futures traders who need to see how close each position is to liquidation.
- Privacy-minded users who do not want their balances or API keys on someone else's server.
- Beginners who want to learn risk concepts using their own portfolio.
Not Recommended For
- People who track portfolios mainly on a phone.
- Intel Mac users: the Mac build requires Apple Silicon (M1 or newer).
- Anyone looking for buy or sell signals. The app deliberately gives no trading advice.
- Holders whose assets sit mostly in self-custody wallets or exchanges other than the three supported.
Key Specifications
| Specification | Details |
|---|---|
| Platform | Desktop app: Windows 10/11 (64-bit), macOS 12+ on Apple Silicon |
| Where it runs | Locally on your computer, no cloud account |
| Exchanges | Binance; Kraken and Coinbase in beta; up to all three at once |
| Key permissions | Read-only only; keys that can trade, transfer or withdraw are rejected |
| Currency display | EUR or USD |
| Price | Free, no paid plan |
| Version reviewed | 0.7 |
What It Does
- Risk score 0 to 100, broken into its causes: concentration, volatility, leverage, liquidation distance and correlation.
- Crash Lab replays real crashes such as COVID (2020), LUNA and FTX (2022) against your own coins, adds stablecoin de-peg tests, and runs Monte Carlo simulations of possible futures.
- Liquidation map for futures positions, showing how far price can move before each one is liquidated.
- Pre-trade and recurring-buy simulators that test a purchase or a monthly buying plan on a virtual copy of your portfolio first.
- Alerts on the desktop when the risk score rises, a position nears liquidation or the market moves sharply.
- AI risk analyst that answers questions such as "why is my risk high?" using only numbers the app calculated. It can run on a local model through Ollama.
- Tilt Guard (new in 0.7) reads your last seven days of trades and flags revenge trading, larger trades after a loss, overtrading and late-night trading, then offers a break timer.
What's New Since Our First Review
- Binance, Kraken and Coinbase can be connected at the same time, with balances combined into one portfolio and one risk score, plus a card per exchange.
- Before a key is saved, the app checks its permissions with the exchange and refuses anything beyond reading.
- A new "Soft" design, with the original kept as "Classic", plus light and dark mode.
- Values that update every second and a 30-day portfolio performance chart.
- Amounts in EUR or USD.
- According to the developer, the interface is available in English, Portuguese, Spanish, Estonian and French.
Pricing
CryptoRisk Studio is completely free. There is no Pro tier, no paid plan and no account to create. You download the installer from the official site and the app updates itself.
Security and Privacy
The design is read-only throughout: the app asks exchanges only for balances and positions, never asks for a seed phrase, wallet key or exchange password, and stores API keys encrypted on your computer. A Disconnect button deletes stored keys rather than hiding them. The developer says it runs no server that receives keys or balances.
One thing to know before installing: the installers are not yet signed with a paid Apple or Microsoft certificate, so Windows and macOS show a warning on first launch. The developer publishes SHA-256 checksums for each download so you can confirm you have the original file, and asks users to download only from cryptorisk.studio.
Pros & Cons
Pros
- Free, with no account and no paid tier.
- Runs locally; keys and balances stay on your computer.
- Rejects any API key that could trade or withdraw.
- Combines Binance, Kraken and Coinbase into one risk score.
- Every score comes with an explanation, and stress tests use real historical crashes.
Cons
- Unsigned installers trigger an operating-system warning on first launch.
- Mac version requires Apple Silicon; no mobile app.
- Kraken and Coinbase support is still in beta.
- Early version (0.7) from a small independent developer.
- Only three exchanges are supported so far.
Alternatives
- CoinGecko and CoinMarketCap: free portfolio tracking and market data, but no risk scoring or crash simulation.
- Token Metrics: paid research and ratings platform aimed at picking assets rather than measuring portfolio risk.
Frequently Asked Questions
Is CryptoRisk Studio free?
Yes. It is completely free, with no Pro tier, paid plan or account.
Is it a web app?
No. It is a desktop app for Windows 10/11 and Apple Silicon Macs that runs locally on your computer.
Can it trade or withdraw from my exchange account?
No. It only accepts read-only API keys and checks their permissions with the exchange before saving them.
Which exchanges does it support?
Binance, plus Kraken and Coinbase in beta. You can connect all three at the same time.
Source Transparency
This review is based on the developer's official site (cryptorisk.studio), the Product Hunt listing, and corrections sent by the developer, which we checked against the official site. No sponsorship was involved, and the developer had no approval over the text.
Last Verified
Information verified against the official site in October 2026, version 0.7.