Is Stargate V1 Safe?
Risk Grade: B- (30/100)
Stargate V1 is rated as moderate risk — some novel mechanisms, generally well-understood.
Moderate risk — battle-tested bridge with clean security record, though LayerZero dependency and transition to V2 create ongoing considerations for V1 users.
Stargate V1 is the first cross-chain bridge built on LayerZero, enabling native asset transfers (USDC, USDT, ETH) across 80+ chains without wrapping. With ~$11M TVL in V1 pools, it pioneered the Delta algorithm for cross-chain liquidity management and charges a 6bps fee. The B grade reflects its clean track record and strong documentation, though LayerZero dependency and V1's legacy status as V2 scales present considerations.
TVL
$11M
Mechanisms
6
Interactions
5
Value Grade
C
Key Risks for Stargate V1 Users
Stargate depends entirely on LayerZero's messaging infrastructure — any LayerZero downtime directly affects all transfers
V1 is legacy infrastructure now that V2 has launched — security attention may increasingly focus on V2
STG token is being acquired by LayerZero (conversion to ZRO), creating transition uncertainty
Top Risk Factors
- •LayerZero messaging layer dependency — Stargate's cross-chain transfers rely on LayerZero's relayer and oracle network for message verification
- •Liquidity pool imbalances across chains can lead to delayed or failed transfers when destination pools are depleted
- •V1 is legacy infrastructure as V2 has launched — ongoing maintenance and security attention may decline
- •STG/veSTG governance concentration could allow large holders to direct protocol parameters
Risk Score Breakdown
Stargate V1's highest risk area is Vitality Risk (9/10). Here's how each dimension contributes to the overall 30/100 score:
Read the Full Stargate V1 Risk Report
This protocol has 2 collapse scenarios. 1 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
View Full Report →Considering an investment?