Bridge TVL per validator ratio
Ethena's assessment for RD-F-157 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Total USDe supply $3.79B; cross-chain OFT subset estimated (most USDe on Ethereum, OFT covers liquidity distribution). Rate limit of $10M/hour per chain constrains per-window risk. With 4 DVNs post-upgrade, TVL-per-DVN risk is bounded by rate limiter rather than total cross-chain TVL. Even in a worst-case coordinated attack across all 18 chains simultaneously, the rate limiter imposes a meaningful delay. However the aggregate risk window across 18 chains at $10M/hour each = $180M/hour theoretical maximum before rate limit kicks in — this is non-trivial relative to bridge TVL.
Sources #
- Partner feedrisk-dashboard/.research/protocols/ethena/00-data-cache.json defillama.tvl_usd 3790619996retrieved 2026-04-28
- Ethena bridge restoration April 2026 — WEEXhttps://www.weex.com/news/detail/ethena-has-restored-the-layerzero-cross-chain-bridge-functionality-for-susde-and-usde-and-strengthened-security-configurations-698674retrieved 2026-04-28
Methodology #
Compute bridge TVL divided by validator count as a concentration-of-compromise measure.
See the full factor methodology and distribution across all protocols →