D12

Cascade Exposure

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

Weight 5%62% confidence

Critical

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

733

Current BRI

D12Cascade Exposure

Weight 5%

(30/100)^0.05 = 0.9416

Contributing Factors

+8USDC is the MOST systemically embedded asset in DeFi: PSM collateral (Sky), quote/collateral across Aave/Compound/Morpho/Curve, and the dominant CEX/DEX settlement leg

+8Massive downstream blast radius: a USDC depeg, mass-blacklist, or global pause would cascade into nearly every major lending/AMM/stablecoin protocol simultaneously (Mar-2023 depeg already stress-tested this live)

+8Scored 30 — the LOWEST cascade score in the tracked portfolio (below Lido 48, Aave 55) — because blast radius is unmatched; an honest down-anchor, not derived from cross_protocol_composition.json (USDC not yet present there)

+8ACTION FOR REVIEWER: add USDC to cross_protocol_composition.json so D12 can be computed from the formal dependency graph

Evidence Sources

blackhart_analysisMay 30sha256:933823e69e09....

Score Composition

USDC is the MOST systemically embedded asset in DeFi: PSM collateral (Sky), quote/collateral across Aave/Compound/Morpho/Curve, and the dominant CEX/DEX settlement leg

Positive

Massive downstream blast radius: a USDC depeg, mass-blacklist, or global pause would cascade into nearly every major lending/AMM/stablecoin protocol simultaneously (Mar-2023 depeg already stress-tested this live)

Positive

Scored 30 — the LOWEST cascade score in the tracked portfolio (below Lido 48, Aave 55) — because blast radius is unmatched; an honest down-anchor, not derived from cross_protocol_composition.json (USDC not yet present there)

Positive

ACTION FOR REVIEWER: add USDC to cross_protocol_composition.json so D12 can be computed from the formal dependency graph

Positive

Evidence Chain (1 files)

Cascade AnalysisMay 30, 2026, 05:10 AM

chains involved: null

downstream protocols: very_high (qualitative — most-integrated DeFi asset)

dependency clusters: null

sha256:933823e69e09...

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