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Scores/Liquity BOLD

Liquity BOLD

DAMASCUS

Stablecoin · Ethereum · $500M+ TVL · 15 contracts

Confidence 60%Z-Factor 0.62Updated 2026-05-17Public Score

Public risk assessment — scores are produced with the same methodology as monitored protocols

778
BRI Score
3004756508251000

Security Profile

Access Ctrl
82
Economic
72
Oracle
78
Compos.
65
Govern.
90
Maturity
42
Resilience
50
Supply Ch.
85
OpSec
56
Cascade
100
Min
42
Avg
72
Max
100

Audit History

Dedaub
2024-06
Cantina Competition
2024-08
ChainSecurity
2024-09

Bug Bounty Program

$1,000,000
Max payout on Immunefi
View Program →

Assessment

Governance-minimized stablecoin from proven Liquity team. Immutability gives top scores in D1/D5/D8/D11 but very low maturity (Z=0.374, D6=42) is the critical drag. Novel interest rate mechanism untested. Score will rise rapidly if no exploit in first 18 months.

Dimension Breakdown

How scores work →
Access Control
Weight 18%70% conf
82
Strong
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-9Immutable contracts (no admin keys, no upgradability)
+41Permissionless borrowing and liquidation
-9No governance control over protocol parameters
+41User-set interest rates (novel mechanism)
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Economic Soundness
Weight 13%65% conf
72
Good
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+18BOLD stablecoin with user-set interest rates (novel)
+18Multi-collateral (ETH, wstETH, rETH) with independent markets
+18Interest rate mechanism untested at scale
+18Redemption mechanism redesigned from Liquity V1
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Oracle Integrity
Weight 13%72% conf
78
Good
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+20Chainlink oracles with fallback to Uniswap TWAP
+20Dual oracle design provides redundancy
+20LST exchange rate handling adds complexity
+20Oracle failure modes well-considered in design
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Battle-Tested Maturity
Weight 12%60% conf
42
Concerning
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+8Mainnet since October 2025 (~7 months)
+8Very new protocol, limited battle testing
+8V1 (LUSD) ran 4+ years without exploit (team has track record)
+8Multiple audits (Dedaub, ChainSecurity, Certora formal verification)
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Governance & Upgradeability
Weight 10%85% conf
90
Excellent
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-5Fully immutable, no governance attack surface
-5No admin keys, no multisig risk
+45Parameter changes impossible (governance-minimized by design)
+45Highest possible governance score for DeFi
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Adversarial Resiliencelock
Weight 10%30% conf
50
Concerning
  • No validated adversarial findings — score set to neutral baseline
Operational Security
Weight 10%60% conf
56
Moderate
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-7No branch protection detected
-7CI/CD present but unstable (0% success)
-7Low development activity (7 commits/month)
-7Incident response time not available (using commit frequency proxy)
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Compositional Risk
Weight 5%68% conf
65
Moderate
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-18LST collateral inherits staking protocol risk (Lido, RocketPool)
+32BOLD composed in DeFi lending and DEXes
-18Cross-collateral type risks bounded by independent markets
+32Stability pool composition is well-scoped
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Cascade Exposure
Weight 5%55% conf
100
Excellent
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+33Appears in 1 cross-protocol cascade chain(s)
+33Member of 2 dependency cluster(s)
0Score: 100/100 (higher = more isolated from systemic risk)
+33Source: cross_protocol_composition.json dependency analysis
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Supply Chain
Weight 4%80% conf
85
Strong
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-5Minimal dependencies (immutable = no proxy libraries)
-5Clean Solidity with no upgradeable patterns
+85Standard OpenZeppelin for token interfaces
-5Immutability means no supply chain update risk post-deploy
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Risk Drivers

Primary risk factors driving this score, ordered by severity.

Battle-Tested Maturity42
Adversarial Resilience50
Operational Security56

Adversarial Risk Signals

Observable security posture indicators. These signals reflect publicly verifiable information and responsible disclosure outcomes. No specific vulnerability details are exposed.

Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Deployed 2024-10-01Z-Factor 0.62010 active dimensionsreceipt_longProvenance Ledger

Score History & Verification

Score provenance tracking begins with the next reassessment.

On-Chain Data

Protocol Slug
"liquity-bold"
Oracle
BRORegistry (Base)
Evidence
IPFS (pinned)
Staleness Threshold
24 hours
Read Score
registry.getScore("liquity-bold")

Reduce exploitable risk

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