defirisk.co
rubric v1.7.0

TVL (current + 30d trend)

USDD (Decentralized USD)'s assessment for RD-F-063 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

TVS $1.475B (DefiLlama, 2026-05-17). 30d change +2.77%; 90d CoV 0.361 (mean $1.03B, std $371M) — high volatility reflecting ~6x supply growth from $246M (March 2025 baseline). A large single-day spike (~$650M to ~$1.09B, mid-April 2026) coincides with JustLend Phase XVI supply mining incentives (28 March–25 April 2026 at ~4.75% APY), indicating incentive-driven rather than organic supply growth. Incentive-driven TVS is fragile: subsidy withdrawal risk is real, and the steep growth arc masks supply sustainability concerns. Yellow (not red) because current TVS is substantial and peg is currently maintained; yellow because supply trajectory is incentive-dependent with high CoV.

Sources #

Methodology #

Read current TVL in USD and 30-day trend using DeFiLlama adapter methodology.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol usdd factor RD-F-063 score yellow collected_at 2026-05-17 11:34:18