Cascade Exposure

Extrinsic systemic risk: upstream dependency failures that propagate into this protocol, and downstream blast radius if this protocol fails.

Weight 5%58% confidence

Strong

info

How This Score Is Built

Extrinsic systemic risk: upstream dependency failures that propagate into this protocol, and downstream blast radius if this protocol fails.

+23Strong positive

+12Positive

+5Slight positive

−15Strong negative

−8Negative

−3Slight negative

Scoring Tree

BRI Formula

300 + 700 × ∏(Dᵢ/100)^wᵢ

688

Current BRI

D12Cascade Exposure

Weight 5%

(82/100)^0.0465 = 0.9908

Contributing Factors

+20Relatively isolated: not present in the cross_protocol_composition.json cascade graph; scored from first-principles

+20Upstream: depends critically on Hyperliquid L1 staking (1 critical upstream dependency) — if HL L1 staking/validators fail, kHYPE backing is impaired

+20Downstream blast radius modest: Pendle SY (kHYPE / vkHYPE) plus same-template institutional kHYPE-variant deployments (flowHYPE, HiHYPE, asxnHYPE, hylqHYPE) that share the code (a shared-code contagion vector, not a direct dependency). Far smaller than Lido (12 downstream).

+20Confidence moderate — downstream/contagion count may be undercounted (no full HyperEVM DeFi dependency sweep)

0Computed: upstream_penalty=12, blast_penalty=6, no isolation bonus -> 82/100 (higher = more isolated)

Evidence Sources

blackhart_analysisMay 30sha256:baeb6d124ae4....

Score Composition

Computed: upstream_penalty=12, blast_penalty=6, no isolation bonus -> 82/100 (higher = more isolated)

Neutral

+20

Relatively isolated: not present in the cross_protocol_composition.json cascade graph; scored from first-principles

Positive

+20

Upstream: depends critically on Hyperliquid L1 staking (1 critical upstream dependency) — if HL L1 staking/validators fail, kHYPE backing is impaired

Positive

+20

Downstream blast radius modest: Pendle SY (kHYPE / vkHYPE) plus same-template institutional kHYPE-variant deployments (flowHYPE, HiHYPE, asxnHYPE, hylqHYPE) that share the code (a shared-code contagion vector, not a direct dependency). Far smaller than Lido (12 downstream).

Positive

+20

Confidence moderate — downstream/contagion count may be undercounted (no full HyperEVM DeFi dependency sweep)

Positive

Evidence Chain (1 files)

Cascade AnalysisMay 30, 2026, 12:00 AM

chains involved: 1

downstream protocols: 2

dependency clusters: 1

chain ids: 999

sha256:baeb6d124ae4...

Score History

No dimension-level score changes recorded yet.

Methodology: 2.1Formula: 1.1Weights: 1.1

How is Cascade Exposure scored?← Back to Provenance Ledger