Liquity V2
Lending — BOLD — new immutable CDP with user-set interest rates. Distinct codebase from V1; LQTY-staked governance over PIL incentives only.
AI review
AI assessment
updated 4h ago·Claude (preview)·previewLiquity V2 is a lending protocol. 5 of 16 risk feeds in the registry report on it. No incidents are recorded in the registry. No material change has been detected in the current window.
- Core: Immutable core contracts (BOLD CDP) governance
- 5 of 16 feeds report on Liquity V2. coverage
- No incidents recorded — an empty incident history is itself a signal. incident
AI-generated summary of facts already in this registry — not a Rails assessment, not a risk score, and not a ranking. Per the project charter, the registry never produces its own composite risk judgement. Verify every point against the linked sources below. This is an illustrative preview of a proposed feature; the content is not live.
Feeds
How feeds see it
Seen through 3 of 4 methodology lenses (rating, dashboard, monitoring). A neutral view of who is looking and how — not a risk judgement.
Sphere tracks Liquity V2 (BOLD): borrow metrics and the V2 Stability Pool.
Vault analytics and risk-adjusted yield across 50+ protocols; exploits, concentration, risk-adjusted APY. Paid structured API.
View sourcePosition-management tooling: live loan-health / safety-ratio tracking and automated liquidation protection for leveraged positions.
View sourceProcess Quality Review of Liquity V2 / BOLD (Feb 2025).
'Liquity V2 CDP' page exists but ungraded — no model quorum yet; spot-check pending.
Decentralization maturity: who controls keys, upgrades, and admin powers. Stage 0–2 framework.
Protocol risk research and parameter recommendations; collateral and governance risk.
Vault-level risk monitoring for Morpho curators: allocation risk and curator behavior.
Institutional-grade credit-risk ratings for DeFi protocols and borrowers. Credora by RedStone; GraphQL API + on-chain attestations (EAS).
Independent risk rating for DeFi vaults; 300+ subscores across 85+ mechanisms. Open-source.
Deterministic vault risk scoring across 700+ vaults: asset quality, code maturity, governance. Open methodology (public API, CLI, MCP server).
Real-time risk scores for DeFi liquidity pools: risk metrics, TVL, APY, security grades.
DAO governance-capture risk: delegate/voting-power concentration, cost-to-attack vs. treasury value, and proposal/power-shift monitoring across major DAOs. Open-source.
Risk ratings (A–F) decomposed into protocol, asset, chain, and pool risk across DeFi yield pools. Open whitepaper methodology. (Standalone product migrated into YO Protocol in 2026 — ratings shown are pre-migration samples.)
Agent-based economic simulation: insolvency prevention, parameter optimization, and risk-scenario analysis for lending markets.
Edge risk oracles and economic-risk dashboards: real-time parameter automation and scenario stress for lending markets (active on Aave, GMX, Pendle).
Governance
Governance at a glance
- Governance
- Minimal (incentives only)
- Core contracts
- Immutable
- Pause capability
- No
Structural facts, distilled from the sourced control records below — neutral capabilities, not a risk score.
Control timeline
Every upgrade, parameter change, and key rotation over Liquity V2’s contracts, rendered from chain state via Sieve. The feeds rate control; the verification layer proves it. Each action links to its transaction; an immutable protocol shows an empty timeline, which is itself the signal.
- at deployContracts deployed (immutable)verifiedLiquity V2 (BOLD) core contracts are immutable. LQTY-staked governance routes PIL liquidity incentives only, never protocol control — so there are no upgrade or admin actions to record.
Audits
| Auditor | Date | Scope | |
|---|---|---|---|
| Coinspect | 2024-12 | Liquity V2 (BOLD) core | Report |
| ChainSecurity | 2025-05 | Liquity V2 (BOLD) core | Report |
| Dedaub | 2024-11 | Liquity V2 core (second audit) | Report |
Representative public audits, attributed and linked to source — not a Rails assessment, and not a completeness or safety guarantee.