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Scale Exposure

TVL and FDV bracket assessment. Protocols managing enormous sums face proportionally larger attack incentives and systemic risk.

Max score: 10838 protocols rated

Worst Offenders

Top 20 protocols with the highest scale exposure scores.

#ProtocolScale Exposure ScoreOverall Grade
1Truebit10 / 10D-
2Hyperliquid10 / 10C-
3Hyperliquid HLP10 / 10C-
4Tether (USDT)10 / 10C
5Hyperliquid Spot Orderbook10 / 10C+
6BNB Chain10 / 10C+
7Solana10 / 10B-
8USDC10 / 10B-
9Tron10 / 10B
10XRP Ledger10 / 10B
11Bitcoin10 / 10B
12World Liberty Financial9 / 10C-
13LayerZero9 / 10C-
14Sky Lending9 / 10C-
15WBTC (Wrapped Bitcoin)9 / 10C
16Aave V39 / 10C
17Morpho Blue9 / 10C
18Sui9 / 10C+
19EigenCloud9 / 10C+
20Monero9 / 10C+

Best Performers

Top 10 protocols with the lowest scale exposure scores.

#ProtocolScale Exposure ScoreOverall Grade
1Phoenix0 / 10A-
2Idle0 / 10B+
3Stride0 / 10B
4Exactly Protocol0 / 10B
5Aura Finance0 / 10B
6Kava Lend0 / 10B
7Joe DEX0 / 10B
8Hop Protocol0 / 10B
9Turbos Finance0 / 10B
10SwapX0 / 10B

Score Distribution

How 838 protocols distribute across scale exposure score ranges.

0–3
169
4–5
518
6–8
117
9–10
34

Why Scale Exposure Matters

The bigger the prize, the more sophisticated the attackers. High TVL protocols also create systemic risk — their failure can cascade across the ecosystem.

Other Risk Dimensions