Audit firm tier

Liquity V1 + V2 (LUSD / BOLD)'s assessment for RD-F-005 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Trail of Bits and Certora qualify as Tier-1 under taxonomy definition. ChainSecurity is Tier-1 equivalent (Swiss firm with major protocol audit track record). Dedaub and Coinspect are Tier-2 established firms. At least two Tier-1 firms audited Liquity.

Sources #

Audit
Certora Liquity Formal Verification Report (Dec 2024)Certora formal verification report Dec-2024retrieved 2026-05-16
Audit
Trail of Bits Liquity Protocol and Stability Pool Final ReportTrail of Bits v1 Mar-2021 core auditretrieved 2026-05-16

Methodology #

Classify each auditing firm into: Tier-1 (Trail of Bits / OpenZeppelin / ConsenSys Diligence / Certora / Sigma Prime / Spearbit / Zellic) / Tier-2 (established, named firm with public track record) / boutique / unknown.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol liquity factor RD-F-005 score green collected_at 2026-05-16 10:35:50