Gyroscope

Gyroscope receives a B- risk grade (34/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — clever anti-bank-run design but novel mechanisms at $22M scale have not been battle-tested A stablecoin (GYD) designed to survive multiple types of failures by holding a diversified basket of DeFi assets and using a novel anti-bank-run pricing mechanism. It has $22M in market cap with $4.5M in funding. Its C+ grade reflects untested novel mechanisms operating at small scale.

The key risks identified for Gyroscope are: (1) During a crisis, the protocol deliberately reduces the amount you get back for each GYD below $1 to slow panic selling. You take a guaranteed loss to prevent a bigger collapse (2) Trading pools use a novel elliptical curve shape. If GYD's price moves outside the curve's range, all trading liquidity vanishes at once and you cannot sell (3) The reserve holds multiple DeFi tokens. If several of these fail at the same time (which happens during market crashes), the backing for GYD erodes from multiple directions

Gyroscope scores 34/100 across eight risk dimensions: Mechanism Novelty: 5/15, Interaction Severity: 7/20, Oracle Surface: 5/10, Documentation Gaps: 2/10, Track Record: 1/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 8/10. The highest risk area is Vitality Risk at 8/10.

Among 28 rated Stablecoin protocols on Hindenrank, Gyroscope ranks #6 by safety (lowest risk score = safest). Its 34/100 risk score and B- grade place it among the safer Stablecoin protocols.

Gyroscope scores 1/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.