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Scores/Centrifuge

Centrifuge

DAMASCUS

RWA / Tokenization · Ethereum · $300M+ TVL · 15 contracts

Official site: centrifuge.io

759
3004756508251000
Confidence70%
Z-Factor0.80
Updated 2026-05-27Public score

Security Profile

Access Ctrl
70
Economic
65
Oracle
55
Compos.
72
Govern.
65
Maturity
75
Resilience
50
Supply Ch.
72
OpSec
62
Cascade
100
Min
50
Avg
69
Max
100

Audit History

Trail of Bits
2022-06
Code4rena
2023-09

Bug Bounty Program

$250,000
Max payout on Cantina
View Program

Assessment

RWA tokenization protocol with 72-month Tinlake history. D3 low (55) due to off-chain oracle dependency for RWA valuations. D2 reflects inherent RWA illiquidity risk. Niche protocol with moderate security coverage.

Dimension Breakdown

Methodology
Access Control
Weight 18% · 72% confidence
70
+23Pool admin controls asset onboarding and configuration
+23Epoch-based tranche investment/redemption model
+23Restricted token transfers (compliance whitelist)
-30Centralized asset originator trust dependency
Provenance
Economic Soundness
Weight 13% · 68% confidence
65
+22RWA collateral valuation depends on off-chain assets
+22Senior/Junior tranche waterfall model
+22NAV calculation relies on off-chain asset pricing
-35Liquidity risk: RWA assets are illiquid by nature
Provenance
Oracle Integrity
Weight 13% · 60% confidence
55
+14NAV oracle depends on off-chain asset valuations
+14Asset originator self-reports collateral values
+14Limited on-chain price verification for RWA
+14Trust assumption: originator honest reporting
Provenance
Battle-Tested Maturity
Weight 12% · 75% confidence
75
+19Tinlake live since mid-2020 (72 months), new Centrifuge since 2023
+19~$250M TVL across pools
+19No protocol-level exploit
+19Z-factor: 0.923
Provenance
Governance & Upgradeability
Weight 10% · 68% confidence
65
+16CFG token governance on Centrifuge Chain
+16Council and democracy modules (Substrate-based)
+16Pool-level governance by asset originators
+16Limited on-chain governance maturity
Provenance
Adversarial Resilienceredacted
Weight 10% · 30% confidence
50
  • Maximum resilience under independent adversarial testing
  • Comprehensive security coverage across all attack surfaces
  • Active bounty program incentivizes continuous scrutiny
  • No validated adversarial findings — score set to neutral baseline
Provenance
Operational Security
Weight 10% · 60% confidence
62
-19No branch protection detected
-19CI/CD present but unstable (60% success)
+16Commit signing: 100% verified
+16Strong PR review culture (90% reviewed)
Provenance
Compositional Risk
Weight 5% · 70% confidence
72
+18Tinlake/Centrifuge Chain integration
+18Limited DeFi composability (restricted tokens)
+18MakerDAO integration for DAI lending against RWA
+18Moderate external dependency footprint
Provenance
Cascade Exposure
Weight 5% · 50% confidence
100
+33Member of 2 dependency cluster(s)
+33No cross-protocol cascade exposure detected
+33Source: cross_protocol_composition.json dependency analysis
Provenance
Supply Chain
Weight 4% · 70% confidence
72
+18Substrate-based chain (Centrifuge Chain)
+18Solidity contracts on Ethereum (Tinlake)
+18Moderate dependency complexity
+18Mixed tech stack (Rust + Solidity)
Provenance

Top Score Drivers

Dimensions with the greatest marginal impact on BRI.

Oracle Integrity
55+37.1 potential
NAV oracle depends on off-chain asset valuations
Adversarial Resilience
50+32.9 potential
Access Control
70+30.4 potential
Centralized asset originator trust dependency
Economic Soundness
65+26.4 potential
Liquidity risk: RWA assets are illiquid by nature
Operational Security
62+22.5 potential
No branch protection detected

Adversarial Risk Signals

Publicly verifiable security posture indicators.

Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Deployed 2021-05-0110 dimensionsProvenance Ledger
methodology v2.1formula v1.1weights v1.1evidence sha256:sha256:e...

Score History & Verification

Score provenance tracking begins with the next reassessment.

On-Chain Data

Protocol Slug
"centrifuge"
Oracle
BRORegistry (Base)
Evidence
IPFS (pinned)
Staleness Threshold
24 hours
Read Score
registry.getScore("centrifuge")
Reduce exploitable risk

Continuous adversarial analysis, vulnerability detection, and verified reassessment.

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