defirisk.co
rubric v1.7.0

Market-listing governance threshold

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

Evidence summary #

Fraxlend market creation is permissionless for ERC-20 asset pairs. Docs: 'isolated market which allows anyone to create a market between a pair of ERC-20 tokens.' Each pair is independent and does not require DAO governance vote to list. Permissioned vs. permissionless pair distinction exists (Comptroller multisig approval for specific pair types), but the base architecture allows open market creation. Green: low governance barrier to new market listing — appropriate for isolated-pair model where new market creation does not expose existing liquidity.

Sources #

  • URL
    Fraxlend Overview | Frax FinanceFraxlend overview docs: 'allows anyone to create a market between a pair of ERC-20 tokens'; isolated pairs; deployer contract tracks all pairsretrieved 2026-05-17
  • URL
    FraxFinance/fraxlend GitHub READMEFraxFinance/fraxlend GitHub README: EIP-4626 adherence; isolated pair architectureretrieved 2026-05-17

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 frax factor RD-F-072 score green collected_at 2026-05-16 20:44:31