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rubric v1.7.0

TVL stability (CoV over 90d)

Circle USYC'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 #

Data cache TVL CoV (90-day window 2026-02-16 to 2026-05-15): CoV = 0.183, mean = $2.47B, std = $452.8M. Threshold: green < 0.15; yellow 0.15-0.35; red > 0.35. CoV 0.183 falls in yellow band. Elevated CoV is driven by strong upward TVL growth from BSC deployment ramp (near $0 to $2.86B since Nov 2025), not operational instability or distress.

Sources #

  • Internal
    Circle USYC Data Cache -- TVL CoV 90-day window.research/protocols/circle-usyc/00-data-cache.json sources.defillama.tvl_cov_90d: {cov: 0.183179, mean: 2471919138.72, std: 452803587.49, window_start: 1771200000}retrieved 2026-05-16

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 circle-usyc factor RD-F-084 score yellow collected_at 2026-05-15 21:56:43