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Scores/Liquity BOLD

Liquity BOLD

DAMASCUS

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

Official site: www.liquity.org

778
3004756508251000
Confidence60%
Z-Factor0.62
Updated 2026-05-27Public score

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

$125,000
Max payout on Cantina
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

Methodology
Access Control
Weight 18% · 70% confidence
82
+20Immutable contracts (no admin keys, no upgradability)
+20Permissionless borrowing and liquidation
+20No governance control over protocol parameters
+20User-set interest rates (novel mechanism)
Provenance
Economic Soundness
Weight 13% · 65% confidence
72
+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
Provenance
Oracle Integrity
Weight 13% · 72% confidence
78
+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
Provenance
Battle-Tested Maturity
Weight 12% · 60% confidence
42
+14Mainnet since October 2025 (~7 months)
-29Very new protocol, limited battle testing
+14V1 (LUSD) ran 4+ years without exploit (team has track record)
+14Multiple audits (Dedaub, ChainSecurity, Certora formal verification)
Provenance
Governance & Upgradeability
Weight 10% · 85% confidence
90
+22Fully immutable, no governance attack surface
+22No admin keys, no multisig risk
+22Parameter changes impossible (governance-minimized by design)
+22Highest possible governance score for DeFi
Provenance
Adversarial Resilienceredacted
Weight 10% · 30% confidence
50
  • No validated adversarial findings — score set to neutral baseline
Provenance
Operational Security
Weight 10% · 60% confidence
56
-22No branch protection detected
-22CI/CD present but unstable (0% success)
+28Low development activity (8 commits/month)
+28Multiple monitoring repos found: liqbot, mev-job-board, cr-monitor
Provenance
Compositional Risk
Weight 5% · 68% confidence
65
+16LST collateral inherits staking protocol risk (Lido, RocketPool)
+16BOLD composed in DeFi lending and DEXes
+16Cross-collateral type risks bounded by independent markets
+16Stability pool composition is well-scoped
Provenance
Cascade Exposure
Weight 5% · 55% confidence
100
+33Appears in 1 cross-protocol cascade chain(s)
+33Member of 2 dependency cluster(s)
+33Source: cross_protocol_composition.json dependency analysis
Provenance
Supply Chain
Weight 4% · 80% confidence
85
-15Clean Solidity with no upgradeable patterns
+42Standard OpenZeppelin for token interfaces
+42Immutability means no supply chain update risk post-deploy
Provenance

Top Score Drivers

Dimensions with the greatest marginal impact on BRI.

Battle-Tested Maturity
42+52.5 potential
Very new protocol, limited battle testing
Adversarial Resilience
50+34.3 potential
Operational Security
56+28.6 potential
Low development activity (8 commits/month)
Economic Soundness
72+20.9 potential
No governance = economic parameters must be self-regulating
Access Control
82+17.4 potential
Immutable contracts (no admin keys, no upgradability)

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 2024-10-0110 dimensionsProvenance Ledger
methodology v2.1formula v1.1weights v1.1evidence sha256:sha256:a...

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

Continuous adversarial analysis, vulnerability detection, and verified reassessment.

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