TVL concentration (top-10 wallet share)
QuickSwap's assessment for RD-F-064 — scored red on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Extreme double-layer concentration: (1) Single pool LGNS/DAI at pool address 0x882df4b0fb50a229c3b4124eb18c759911485bfb holds approximately $391M of the $430M Polygon TVL (~87% of total protocol TVL). LGNS (Longinus) is a long-tail token with ~24% of total supply held by a single 'ORIGIN' address (2.15B LGNS tokens). If LGNS price drops materially, TVL could collapse from $451M to approximately $60M. (2) Chain concentration: Polygon 95.44% of TVL, creating correlated chain-level risk. The effective non-LGNS, non-concentrated liquidity base is the low tens of millions per DefiLlama V3 sub-protocol data ($19.18M) plus minor V2 major-pair pools.
Sources #
- URLhttps://api.llama.fi/protocol/quickswap-v3retrieved 2026-05-16
- GeckoTerminal — LGNS/DAI pool on QuickSwap (Polygon)GeckoTerminal LGNS/DAI pool: ~$391.5M reserves, 24% supply at ORIGIN address, pool at 0x882df4b0fb50a229c3b4124eb18c759911485bfbretrieved 2026-05-16
- QuickSwap data cache — chain TVL breakdown00-data-cache.json sources.defillama.chains: Polygon 95.44% ($430,828,719), Immutable zkEVM 2.51%, Base 0.79%retrieved 2026-05-16
Methodology #
Compute the percentage of protocol TVL held in the top-10 depositor addresses.
See the full factor methodology and distribution across all protocols →