Stargate V1Micro-cap

Stargate V1 receives a B- risk grade (30/100) from Hindenrank, where lower scores indicate lower risk. 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.

The key risks identified for Stargate V1 are: (1) Stargate depends entirely on LayerZero's messaging infrastructure — any LayerZero downtime directly affects all transfers (2) V1 is legacy infrastructure now that V2 has launched — security attention may increasingly focus on V2 (3) STG token is being acquired by LayerZero (conversion to ZRO), creating transition uncertainty

Stargate V1 scores 30/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 5/20, Oracle Surface: 2/10, Documentation Gaps: 2/10, Track Record: 3/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 9/10. The highest risk area is Vitality Risk at 9/10.

Among 19 rated Bridge protocols on Hindenrank, Stargate V1 ranks #3 by safety (lowest risk score = safest). Its 30/100 risk score and B- grade place it among the safer Bridge protocols.

Stargate V1 scores 3/15 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.