defirisk.co
rubric v1.7.0

Bridge uses same key custody for >30% validators

Ondo Finance's assessment for RD-F-156 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Ondo DVN is Ondo-operated — Ondo controls 1 of 4 validators (25%). LayerZero Labs controls 1 of 4 (25%). These are distinct corporate entities with different key infrastructure. Axelar is a decentralized PoS network; Polyhedra is a ZK circuit-based system. No single custodian controls more than 1/4 of validators. However, Ondo + LayerZero Labs together represent 2/4 = 50% of "centralized-operator" validators vs. 2/4 decentralized. The 4/4 threshold means this is not an exploit — all 4 must ag...

Sources #

  • URL
    LayerZero Scan (canonical OApp registry)https://layerzeroscan.comretrieved 2026-05-12
  • Docs
    Ondo Finance docs (verified: covers OUSG + USDY)https://docs.ondo.financeretrieved 2026-05-12
  • Docs
    LayerZero v2 docs (DVN architecture, OFT spec)https://docs.layerzero.network/v2/retrieved 2026-05-12

Methodology #

Determine whether >30% of bridge validators share a single key custodian.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol ondo-finance factor RD-F-156 score green collected_at 2026-05-14 12:01:55