Stablecoin depeg >2% on shared-LP venue
StakeWise v3'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 #
StakeWise is an ETH-staking LST; primary collateral is ETH-denominated validators, not stablecoins. No stablecoin dependency above 5% TVL identified in core protocol. Post-Balancer-exploit osETH liquidity migrated away from Balancer (stablecoin-adjacent venue). Major stablecoins (USDT, USDC, DAI) are currently at peg. Even under a stablecoin depeg scenario, StakeWise protocol TVL impact is below the 5% exposure threshold. Signal applicable in principle but dependency is below trigger threshold.
Sources #
- URLStakeWise — DefiLlama APIDefiLlama API — protocol TVL is ETH-denominated validator staking; no stablecoin collateral in protocol architectureretrieved 2026-05-16
- StakeWise osETH documentationStakeWise Docs — osETH is overcollateralised against ETH validator shares; collateral is ETH, not stablecoinsretrieved 2026-05-16
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 →