Risk Assessments

Below you'll find reports compiled on partnering protocols, research on potential collateral options for our fixed-rate lending market FiRM, and past work done for our now deprecated variable-rate lending market Anchor/Frontier.

FiRM Reports

2025

Approved Markets

Updates/Revisions

Other

2024

Approved Markets

• wBTC

• yETH

• sFRAX

• sUSDe

• cbBTC

• DOLA/crvUSD LP

• DOLA/FRAXpyUSD LP

• DOLA/FRAXBP

• PT-sUSDe-MAR2025

Updates/Revisions

• INV (March)

• cvxFXS (May)

• CRV, cvxCRV, and st-CRV (June)

• yvyCRV (September)

Other

• pyUSD

2023

Approved Markets

• CRV

• CVX

• cvxCRV

• cvxFXS

• yCRV

Updates/Revisions

• Active Markets (April)

• CRV and cvxCRV (May)

• gOHM (July)

• cvxFXS (August)

• INV (September)

• CRV (September)

• DAI (October)

• INV (November)

• cvxFXS (December)

• CRV (December)

Other

• aCVX

• UNI

• sdCRV

Due Diligence Reports

2025

Q1

2024

Q1

• cvxFXS Due Diligence Sheet
• Convergence Overview
• New Quorum Proposal Data

Q2

• April Market Crash FiRM Liquidations Analysis
• June Market Crash FiRM Liquidations Analysis
• StakeDAO: OnlyBoost Due Diligence Report

Q3

• eETH Due Diligence
• Due Diligence WBTC Transition to BitGo and BiT Global Joint Venture
• $COMP Historical Data
• September Market Crash FiRM Liquidations Analysis
• FiRM Liquidator Address Analysis Report

Q4

• Pendle sUSDe PT CF% Sheet

2023

Q1

• Risk Assessment of DWF Labs
• PAL Collateral for OTC Deal
• Proposed Revision for Inverse Finance PQR
• DWF OTC Contract Activity
• Risk Assessment on Tarot Finance
• Synthetix sUSD DD Report
• Fed Consideration Checklist

Q2

• DBR Streaming Risk Assessment
• DBR Replenishment Rate Reduction Risk Assessment
• Quantifying Token Risk on FiRM: A Comprehensive Asset Scoring Model

Q3

• Multichain Exploit FAQ
• ArbiAura Fed Risk Assessment
• Navigating DOLA Health: A Dashboard for Understanding Collateralization Ratios in DeFi
• Replying to crypt0xyc
• Aero Fed Risk Assessment

Q4

• Beethoven Fed Risk Assessment

2022

Q1

• Stablecoin Outlook
• Risk Register - Adding Collaterals to Anchor
• Risk Assessment - Top 10 collateral assets on Abracadabra Mainnet
• Risk Assessment - Current Assets on Anchor Money Market
• Preliminary Risk Assessment Methodologies
• New Assets on Anchor Money Market
• Inverse <> Olympus Partnership Recommendation
• Due Diligence Review: Fuse Pool 22 (Badger Pool)
• Assessing Risk of Fuse Pool 24 (Harvest FARMstead)
• Assessing Risk of Fuse Pool 18 (Olympus Pool Party)
• A word on Cross-Chain Bridge Risk

Q2

• Studying Yearn- and Convex-derivatives on Abracadrabra Monitoring Environments
• Inverse <> Beanstalk Partnership Recommendation
• Monitoring $DOLA liquidity during Curve Wars
• Assessing Risk of Fuse Pool 198 (Coin98)
• Assessing Risk of Fuse Pool 182 (The Bank Vault)
• Assessing Risk of Fuse Pool 127 (0xB1's Kitchen Sink)
• Assessing Risk of Fuse Pool 27 (The Animal Kingdom)
• Assessing Risk of adding Yearn-derivatives to Anchor
• Additional Rari Fuse Pool Candidates
• $ICHI & Fuse Pool 137
• $FODL Price Manipulation Event April 18
• The Fantom Foundation and $FTM
• RWG - Incident Response Protocol

Q3

• Fuse Pool Feds Update