defirisk.co
rubric v1.7.0

Historical bad-debt events

Axelar Network's assessment for RD-F-067 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Lending-only factor (bad debt events). Axelar has no lending protocol surface; bad debt is structurally inapplicable. PD-024 directs not_applicable for non-lending protocols.

Sources #

  • Internal
    Axelar protocol profile — §1 and §1000-profile.md §1: Category: BRIDGE; §5: Not forked / original; §10: no confirmed security exploits with fund loss. Protocol type precludes bad debt.retrieved 2026-05-17

Methodology #

Count and sum (USD) the number of documented bad-debt events where the protocol socialized losses across depositors.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol axelar factor RD-F-067 score not_applicable collected_at 2026-05-16 21:57:49