Stablecoin depeg >2% on shared-LP venue

Multipli's assessment for RD-F-104 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Applicable: protocol holds USDC, USDT, rwaUSD as core underlying assets; stablecoin exposure substantially >5% of TVL (~$366M, predominantly stablecoin-backed). T-09 v1 launch signal, Tier-B (48h sustained). USDC/USD Chainlink at 0x8fFfFfd4AfB6115b954Bd326cbe7B4BA576818f6 tracking at peg; USDT/USD at 0x3E7d1eAB13ad0104d2750B8863b489D65364e32D tracking at peg. No depeg event on USDC/USDT/DAI as of 2026-05-17. rwaUSD peg not anomalous per public reports. Signal at rest.

Sources #

Internal
Multipli data cache — stablecoin oracle feeds.research/protocols/multipli/00-data-cache.json §sources.oracle_feeds — USDC/USD 0x8fFfFfd4…, USDT/USD 0x3E7d1eAB… confirmed active with deviation thresholdsretrieved 2026-05-17
Etherscan
Chainlink USDC/USD aggregator — EthereumChainlink USDC/USD 0x8fFfFfd4AfB6115b954Bd326cbe7B4BA576818f6 — 82800s heartbeat, 0.25% deviation thresholdretrieved 2026-05-17

Methodology #

Detect whether a stablecoin in this protocol's dependency graph depegs >2% on a venue with shared liquidity.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol multipli factor RD-F-104 score green collected_at 2026-05-17 11:48:35