defirisk.co
rubric v1.7.0

Historical bad-debt events

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

Evidence summary #

Zero protocol-level bad debt events in 5+ years of operation. Four node operator slashing incidents (2023–2024) resulted in total ~42 ETH of socialized losses — trivially small relative to $21B TVL, socialized across all stETH holders as infinitesimal rebase reductions. No governance-level bad debt. No protocol-level exploit. Rekt incidents: 0.

Sources #

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 lido factor RD-F-067 score green collected_at 2026-04-28 13:58:42