OpenGDP Shared Security

OpenGDP Shared Security receives a C+ risk grade (40/100) from Hindenrank, where lower scores indicate lower risk. Elevated risk — novel multi-asset restaking with leverage-like exposure and cross-chain dependencies, partially offset by institutional-grade security ambitions. OpenGDP (formerly Karak Network) is a multi-asset restaking protocol allowing users to restake ETH, WBTC, and stablecoins to secure decentralized services with $34M TVL. Its C+ grade reflects novel multi-asset and multi-chain restaking creating leverage-like exposure, cross-chain bridge dependencies, and execution risk from a recent rebrand and L1 pivot.

The key risks identified for OpenGDP Shared Security are: (1) Restaking the same collateral to back multiple services creates leverage-like risk. If multiple services slash simultaneously, losses could be much larger than expected. (2) Multi-chain restaking depends on cross-chain messaging. If bridges go down, security guarantees may not be enforceable. (3) The project recently rebranded from Karak to OpenGDP and is building an L1. This dual focus creates execution risk. (4) The GDP token is new and its value depends on growing demand for shared security services.

OpenGDP Shared Security scores 40/100 across eight risk dimensions: Mechanism Novelty: 6/15, Interaction Severity: 8/20, Oracle Surface: 2/10, Documentation Gaps: 4/10, Track Record: 6/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 8/10. The highest risk area is Vitality Risk at 8/10.

Among 23 rated Restaking protocols on Hindenrank, OpenGDP Shared Security ranks #12 by safety (lowest risk score = safest). Its 40/100 risk score and C+ grade place it in the middle tier of Restaking protocols.

OpenGDP Shared Security scores 6/15 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.