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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: 10792 protocols rated

Worst Offenders

Top 20 protocols with the highest scale exposure scores.

#ProtocolScale Exposure ScoreOverall Grade
1Hyperliquid10 / 10C-
2Hyperliquid HLP10 / 10C
3Hyperliquid Spot Orderbook10 / 10C+
4Tether (USDT)10 / 10C+
5BNB Chain10 / 10C+
6Solana10 / 10B-
7XRP Ledger10 / 10B-
8USDC10 / 10B-
9Tron10 / 10B-
10Bitcoin10 / 10B
11Aster9 / 10D+
12Bittensor9 / 10D+
13ether.fi9 / 10C-
14Babylon9 / 10C-
15World Liberty Financial9 / 10C-
16Ethena9 / 10C-
17Crypto.com Liquid Staking9 / 10C
18Monero9 / 10C
19Sui9 / 10C+
20EigenCloud9 / 10C+

Best Performers

Top 10 protocols with the lowest scale exposure scores.

#ProtocolScale Exposure ScoreOverall Grade
1Phoenix0 / 10A-
2Idle0 / 10B+
3Shadow Exchange0 / 10B
4Hop Protocol0 / 10B
5Carrot Liquidity0 / 10B
6Stride0 / 10B
7Goblin0 / 10B
8Exactly Protocol0 / 10B
9SwapX0 / 10B
10Ambient0 / 10B

Score Distribution

How 792 protocols distribute across scale exposure score ranges.

0–3
94
4–5
550
6–8
113
9–10
35

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