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Scores/Lombard Finance

Lombard Finance

TEMPERED

BTC Staking · Ethereum · $500M+ TVL · 10 contracts

Confidence 53%Z-Factor 0.50Updated 2026-05-13Public Score

Public risk assessment — scores are produced with the same methodology as monitored protocols

679
BRI Score
3004756508251000

Security Profile

Access Ctrl
62
Economic
60
Oracle
65
Compos.
58
Govern.
42
Maturity
30
Resilience
50
Supply Ch.
65
OpSec
55
Cascade
100
Min
30
Avg
59
Max
100

Audit History

Halborn
2024-07
Code4rena
2024-09

Bug Bounty Program

$250,000
Max payout on Immunefi
View Program →

Assessment

Very new BTC liquid staking protocol (6 months). D6 extremely low (30) for minimal maturity. D5 low (42) for consortium-controlled governance. Novel BTC staking model via Babylon with unproven economics. Low confidence across all dimensions.

Dimension Breakdown

How scores work →
Access Control
Weight 18%58% conf
62
Moderate
  • Security consortium manages BTC custody
  • Threshold signature scheme for BTC operations
  • Centralized minting authority for LBTC
  • Limited user control over custody process
Economic Soundness
Weight 13%55% conf
60
Moderate
  • BTC liquid staking via Babylon protocol
  • LBTC peg dependent on BTC custody integrity
  • Nascent economic model, untested under stress
  • Dependency on Babylon staking economics
Oracle Integrity
Weight 13%58% conf
65
Moderate
  • BTC/ETH cross-chain state attestation
  • Consortium-based validation of BTC deposits
  • Limited on-chain oracle infrastructure
  • Trust assumption in security consortium
Battle-Tested Maturity
Weight 12%45% conf
30
Critical
  • Live since late 2024 (~6 months)
  • Very new protocol with minimal production history
  • Rapid TVL growth but no stress-test events
  • Z-factor: 0.5
Governance & Upgradeability
Weight 10%55% conf
42
Concerning
  • Security consortium controls protocol
  • No token governance at launch
  • Centralized decision-making
  • Upgrade authority held by small group
Adversarial Resilience
Weight 10%30% conf
50
Concerning
  • No validated adversarial findings — score set to neutral baseline
Operational Security
Weight 10%50% conf
55
Moderate
  • Small team managing cross-chain infrastructure
  • BTC custody operations complexity
  • Limited operational track record
  • Cross-chain monitoring challenges
Compositional Risk
Weight 5%55% conf
58
Moderate
  • LBTC integrates across multiple DeFi protocols
  • Cross-chain BTC custody adds composition layers
  • Babylon dependency for staking yield
  • Novel primitive with untested integration patterns
Cascade Exposure
Weight 5%50% conf
100
Excellent
  • Member of 2 dependency cluster(s)
  • No cross-protocol cascade exposure detected
  • Score: 100/100 (higher = more isolated from systemic risk)
  • Source: cross_protocol_composition.json dependency analysis
Supply Chain
Weight 4%58% conf
65
Moderate
  • Solidity contracts for EVM side
  • Bitcoin script for BTC custody
  • Cross-chain dependency on Babylon
  • Mixed technology stack

Risk Drivers

Primary risk factors driving this score, ordered by severity.

Battle-Tested Maturity30
Governance & Upgradeability42
Adversarial Resilience50

Adversarial Risk Signals

Observable security posture indicators. These signals reflect publicly verifiable information and responsible disclosure outcomes. No specific vulnerability details are exposed.

Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Deployed 2024-08-01Z-Factor 0.50010 active dimensions

Score History & Verification

Score provenance tracking begins with the next reassessment.

On-Chain Data

Protocol Slug
"lombard"
Oracle
BRORegistry (Base)
Evidence
IPFS (pinned)
Staleness Threshold
24 hours
Read Score
registry.getScore("lombard")

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