Liquity
2 placements on ChainChoice under Liquity, each scored against its own category's pool and criteria — #1 in one of them. The placements are not averaged and not ranked against each other: a #1 exchange and a #6 crypto card are two different products in two different markets.
CDP Stablecoins
Liquity V2 (BOLD)Rank#1 OverallScore80
Leads the published order
View verdictCDP Stablecoins
Liquity V1 (LUSD)Rank#2 OverallScore76
#1 in this category: Liquity V2 (BOLD)
View verdictHow you can lose money here, and what the ranking scores
- Control failure: a key or vote changes the rules, freezes or mints.Scored by Cost of the loan and who controls it · 20% (Liquity V2 (BOLD) 9/10, Liquity V1 (LUSD) 10/10)
- Oracle failure: a wrong price or outcome liquidates or settles a position.Scored by Liquidation mechanics you actually bear · 35% (Liquity V2 (BOLD) 8/10, Liquity V1 (LUSD) 7/10)
- Insolvency failure: the firm or issuer that owes you cannot pay.Scored by What actually backs the coin · 25% (Liquity V2 (BOLD) 8/10, Liquity V1 (LUSD) 7/10)
- Exit failure: you cannot get out at par, on time, or with what is yours.Scored by Observed peg behaviour under stress · 20% (Liquity V2 (BOLD) 4/10, Liquity V1 (LUSD) 3/10)
Not assessed by this ranking: Contract failure, Regulatory failure, Execution failure. A high place says nothing about these; the Methodology tab says what each means.