defirisk.co
rubric v1.7.0

Bridge TVL per validator ratio

Circle USYC's assessment for RD-F-157 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Taxonomy mismatch: no independent validator set. If treating Circle as 1 validator, TVL/validator = $2.97B (extreme concentration). However the factor assumes independent validators that can be individually compromised. The underlying single-issuer concentration risk is properly assessed under Cat 2 (admin key posture). Not_applicable for independent-validator-set interpretation.

Sources #

  • Internal
    00-profile.md §4 + CCTP ArchitectureProfile §4 TVL $2.97B; CCTP architecture single-entity attestation; Cat 2 is appropriate venue for issuer-concentration riskretrieved 2026-05-16

Methodology #

Compute bridge TVL divided by validator count as a concentration-of-compromise measure.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol circle-usyc factor RD-F-157 score not_applicable collected_at 2026-05-15 21:56:43