defirisk.co
rubric v1.7.0

TVL stability (CoV over 90d)

Babylon Protocol's assessment for RD-F-084 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Direct DefiLlama daily TVL series unavailable (403 persistent). Estimation from accessible data: current $4.16B, 30-day ago ~$3.50B (+18.79%), Q2 2025 ~$4.9B, peak ~$7.1B. TVL is 100% BTC-denominated; variance is largely BTC/USD price driven, not protocol-level instability. No TVL cliff events (no drain/exploit). Estimated 90-day CoV likely in yellow range (0.15–0.35) due to BTC price volatility. Underlying BTC quantity staked is more stable than USD-denominated figure. Medium confidence — full daily series unavailable.

Sources #

Methodology #

Compute the coefficient of variation (σ/μ) of daily TVL over the trailing 90 days as a proxy for operational stability.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol babylon-protocol factor RD-F-084 score yellow collected_at 2026-05-04 19:43:27