BlackHartBlackHart
Scores/GMX V2/Provenance/Economic Soundness
D2

Economic Soundness

Robustness of economic model against flash loans, MEV, liquidation cascades, and incentive misalignment under stress.

Weight 13%74% confidence
72
Good
info

How This Score Is Built

Robustness of economic model against flash loans, MEV, liquidation cascades, and incentive misalignment under stress.

+23Strong positive
+12Positive
+5Slight positive
−15Strong negative
−8Negative
−3Slight negative

Scoring Tree

BRI Formula
300 + 700 × ∏(Dᵢ/100)^wᵢ
784
Current BRI
D2Economic Soundness
Weight 13%
72
(72/100)^0.13 = 0.9582
Contributing Factors
+18GM pool model isolates risk per market (improvement over V1 GLP)
+18Funding rates, borrowing fees, price impact model
+18PnL settlement from pool reserves: large winning trades can stress pool
+18Open interest caps provide some protection
Evidence Sources
blackhart_analysisMay 4sha256:49ea2922d5b8....View
blackhart_analysisMay 17sha256:8cd0551b0b9e....View

Score Composition

+18

GM pool model isolates risk per market (improvement over V1 GLP)

Strong positiveopen_in_newDeFi Llama TVLMay 4, 2026
+18

Funding rates, borrowing fees, price impact model

Strong positiveopen_in_newDeFi Llama TVLMay 4, 2026
+18

PnL settlement from pool reserves: large winning trades can stress pool

Strong positiveopen_in_newDeFi Llama TVLMay 4, 2026
+18

Open interest caps provide some protection

Strong positiveopen_in_newDeFi Llama TVLMay 4, 2026

Evidence Chain (2 files)

GitHub APIMay 17, 2026, 06:58 PM
open_in_newGitHub (/)
sha256:8cd0551b0b9e...
BlackHart AnalysisMay 4, 2026, 08:00 PM
open_in_newEconomic Soundness — DeFi Llama TVL
sha256:49ea2922d5b8...

Score History

No dimension-level score changes recorded yet.

Methodology: 2.1Formula: 1.1Weights: 1.1