Stablecoin depeg >2% on shared-LP venue

Lombard Finance's assessment for RD-F-104 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Stablecoin depeg | Applicable: No | LBTC is 1:1 backed by native BTC, not any stablecoin. No stablecoin constitutes >5% of TVL. Bitcoin TVL is 97.28% of total. LBTC/BTC peg depends on Babylon staking redemption mechanics, not stablecoin stability. Signal N/A for this protocol design. Would not fire.

Sources #

URL
https://docs.lombard.finance/technical-documentation/protocol-architecture/lbtc-designretrieved 2026-05-05

Methodology #

Detect whether a stablecoin in this protocol's dependency graph depegs >2% on a venue with shared liquidity.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol lombard factor RD-F-104 score green collected_at 2026-05-05 12:03:08