defirisk.co
rubric v1.7.0

TVL concentration (top-10 wallet share)

Liquity V1 + V2 (LUSD / BOLD)'s assessment for RD-F-064 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

TVL concentration at wallet level not quantitatively measurable in session (Dune queries blocked; on-chain trove enumeration requires curator tooling). Conservative yellow: Liquity v1 stress-test blog documents >300 troves liquidated in May 2021, indicating a distributed borrower base. No single actor known to dominate. Curator should run top-trove enumeration for green confirmation.

Sources #

Methodology #

Compute the percentage of protocol TVL held in the top-10 depositor addresses.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol liquity factor RD-F-064 score yellow collected_at 2026-05-16 10:35:50