defirisk.co
rubric v1.7.0

Market-listing governance threshold

Euler V2's assessment for RD-F-072 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Market listing is fully permissionless: any ERC-20 vault can be deployed via EVK factory without governance approval or DAO vote. Governance type (Governed / Ungoverned / Finalized) is set at vault deploy. Risk-managed clusters (Euler Prime, Euler Yield) use external curator governance (Gauntlet, Objective Labs) but this is not a protocol-level governance gate. Yellow: permissionless listing enables novel market creation but also permits listing of low-quality or manipulable assets in ungoverned vaults without safety checks.

Sources #

Methodology #

Classify the governance threshold required to list a new market as: permissionless / low-threshold (team multisig) / high-threshold (DAO vote) / no new listings.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol euler-v2 factor RD-F-072 score yellow collected_at 2026-05-04 19:56:06