BlackHartBlackHart
Scores/Balancer

Balancer

MITHRIL

DEX / AMM · Multi-chain · $2B+ TVL · 20 contracts

Confidence 80%Z-Factor 0.89Updated 2026-05-06Public Score

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

869
BRI Score
3004756508251000

Security Profile

Access Ctrl
85
Economic
82
Oracle
85
Compos.
78
Govern.
85
Maturity
82
Resilience
59
Supply Ch.
85
OpSec
82
Cascade
100
Min
59
Avg
82
Max
100

Audit History

Trail of Bits
2020-03
OpenZeppelin
2021-11
Certora (Formal)
2023-01

Bug Bounty Program

$1,000,000
Max payout on Immunefi
View Program →

Assessment

Innovative weighted AMM with deep composability. D4 penalized for rate provider chains and nested pool complexity. D2 reflects boosted pool economic complexity. Solid 66-month track record with no drains.

Dimension Breakdown

How scores work →
Access Control
Weight 18%82% conf
85
Strong
  • Authorizer contract with granular role-based permissions
  • Emergency DAO multisig for critical actions
  • Timelock on governance parameter changes
  • Pool-level admin delegated to pool creators
Economic Soundness
Weight 13%78% conf
82
Strong
  • Weighted pools with generalized AMM math
  • Boosted pools add yield-bearing complexity
  • Rate provider mechanism for LST/wrapped assets
  • Flash loans available but bounded by pool liquidity
Oracle Integrity
Weight 13%80% conf
85
Strong
  • Rate providers for LST pricing (stETH, rETH, etc.)
  • Chainlink integration for external price feeds
  • Rate provider chain introduces oracle composition risk
  • Price manipulation bounded by pool depth
Battle-Tested Maturity
Weight 12%88% conf
82
Strong
  • V1 live since 2020, V2 since 2021 (66+ months org history)
  • No protocol-level drain exploit
  • Rate provider vulnerabilities found but contained
  • Multiple audit firms over lifetime
  • Z-factor: 0.917
Governance & Upgradeability
Weight 10%82% conf
85
Strong
  • veBAL governance model with voting escrow
  • Emergency multisig for rapid response
  • Active governance participation
  • Balancer DAO manages protocol parameters
Adversarial Resilience
Weight 10%95% conf
59
Moderate
  • Score derived from continuous adversarial security research
Operational Security
Weight 10%78% conf
82
Strong
  • Professional operations team
  • Multi-chain deployment monitoring
  • Active parameter management via governance
  • Comprehensive test suites and CI/CD
Compositional Risk
Weight 5%75% conf
78
Good
  • Boosted pools compose with external yield sources
  • Nested pools create multi-layer composition
  • Rate provider chains can propagate pricing errors
  • Deep DeFi integration (Aura, Gyroscope, etc.)
Cascade Exposure
Weight 5%55% conf
100
Excellent
  • Appears in 1 cross-protocol cascade chain(s)
  • Member of 3 dependency cluster(s)
  • Score: 100/100 (higher = more isolated from systemic risk)
  • Source: cross_protocol_composition.json dependency analysis
Supply Chain
Weight 4%82% conf
85
Strong
  • OpenZeppelin base libraries
  • Complex custom math libraries (LogExpMath, FixedPoint)
  • Well-maintained dependency set
  • Verified on all deployment chains

Risk Drivers

Primary risk factors driving this score, ordered by severity.

Adversarial Resilience59
Compositional Risk78
Economic Soundness82

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 2020-04-20Z-Factor 0.89010 active dimensions

Score History & Verification

Score provenance tracking begins with the next reassessment.

On-Chain Data

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

Reduce exploitable risk

BlackHart Monitoring provides continuous adversarial analysis, vulnerability detection, remediation support, and verified reassessment when your risk posture improves.