Liquidity depth per major asset
Symbiotic's assessment for RD-F-065 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Core LST collateral types (wstETH, rETH, cbETH, wBETH) have deep on-chain DEX liquidity — Curve wstETH/ETH pool is one of the largest on Ethereum, well above $100M+ at 2% impact. Exit liquidity for established LSTs is adequate. However: (1) vault withdrawal has a lock-up period (not instant redemption); (2) Symbiotic accepts any ERC-20 as collateral — permissionless collateral acceptance means future vaults could use illiquid tokens with no DEX depth; (3) during a simultaneous slashing event + LST depeg, correlated exit pressure would compress DEX depth. Yellow: established-LST depth is adequate but permissionless ERC-20 tail risk and lock-up latency reduce certainty.
Sources #
- URLFrom Staking to Restaking — ParadigmParadigm blog: Symbiotic accepts any ERC-20 as collateral; initially focused on staked ETH as the largest poolretrieved 2026-05-16
- Introducing Restaking Vaults on Symbiotic — GauntletGauntlet blog: vault design — one collateral type per vault; isolated strategies to manage slashing riskretrieved 2026-05-16
Methodology #
Measure on-chain liquidity depth for protocol-held assets at 2% and 5% price impact in USD.
See the full factor methodology and distribution across all protocols →