Breakage analysis per dependency
Ethena's assessment for RD-F-052 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Dependency failure impacts: (1) Single Pyth OR Redstone failure: minting degrades to single-provider validation; GATEKEEPER can halt. (2) Both Pyth AND Redstone fail: minting halted or continues with degraded validation depending on GATEKEEPER response speed. (3) Single custodian fails: redemptions impaired during transition; Reserve Fund buffers. (4) Single CEX fails: delta-hedge partially lost; Reserve Fund covers negative funding shortfall. (5) stETH depeg: LST collateral value impaired; Reserve Fund buffer applies. (6) Chainlink PoR staleness: informational only — no execution halt triggered; USDe solvency reporting delayed.
Sources #
- Docshttps://docs.ethena.fi/solution-overview/risks/custodial-riskretrieved 2026-04-28
- https://docs.ethena.fi/solution-overview/risks/funding-riskretrieved 2026-04-28
Methodology #
Produce a short per-dependency text describing which protocol functions halt or degrade and impact severity if each declared dependency fails.
See the full factor methodology and distribution across all protocols →