TVL concentration (top-10 wallet share)

Stargate Finance's assessment for RD-F-064 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

On-chain per-depositor breakdown not retrieved. Structural observation: Stargate pools hold LP tokens representing depositor shares; LP tokens are issued 1:1 with deposits (StargatePool.sol). Pool contracts themselves are the on-chain holders of underlying assets, making LP holder concentration the relevant measure. Historical note: Alameda Research held a significant early STG stake (pre-FTX collapse, 2022–2023) — that governance token concentration risk, not pool-deposit concentration. No o...

Sources #

Curator note
Extracted from 04-economic.md — RD-F-064 finding; no URL cited in originalretrieved 2026-04-28

Methodology #

Compute the percentage of protocol TVL held in the top-10 depositor addresses.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol stargate factor RD-F-064 score gray collected_at 2026-04-28 01:38:41