BlackHartBlackHart
Scores/BENQI

BENQI

DAMASCUS

Lending / Liquid Staking · Avalanche · $500M+ TVL · 15 contracts

Confidence 55%Z-Factor 0.80Updated 2026-05-06Public Score

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

796
BRI Score
3004756508251000

Security Profile

Access Ctrl
70
Economic
72
Oracle
72
Compos.
70
Govern.
62
Maturity
78
Resilience
70
Supply Ch.
75
OpSec
70
Min
62
Avg
71
Max
78

Audit History

Halborn
2021-08
Certik
2022-03

Bug Bounty Program

$100,000
Max payout on Immunefi
View Program →

Assessment

Largest Avalanche lending protocol and liquid staking provider. 57+ months live with clean exploit history. Compound V2 fork provides proven codebase. sAVAX addition creates additional staking surface. Limited governance decentralization.

Dimension Breakdown

How scores work →
Access Control
Weight 19%68% conf
70
Good
  • Compound V2 fork access model
  • Admin multisig
  • Guardian for emergency
  • Standard lending permissions
Economic Soundness
Weight 14%70% conf
72
Good
  • Compound V2 fork economics
  • sAVAX liquid staking addition
  • Liquidation mechanism standard
  • Interest rate model proven
Oracle Integrity
Weight 14%70% conf
72
Good
  • Chainlink oracle integration
  • Price validation
  • Standard oracle pattern
  • Avalanche-specific feeds
Battle-Tested Maturity
Weight 13%75% conf
78
Good
  • Live since August 2021 (57+ months)
  • Largest Avalanche lending protocol
  • No protocol exploits
  • Multiple product additions
Governance & Upgradeability
Weight 11%62% conf
62
Moderate
  • QI governance token
  • Community governance
  • Team controls parameters
  • Limited decentralization
Adversarial Resilience
Weight 11%68% conf
70
Good
  • Audited
  • Compound fork reduces novel risk
  • Active bounty
  • Clean exploit history
Operational Security
Weight 11%68% conf
70
Good
  • Professional team
  • Monitoring
  • Avalanche-native ops
  • Validator operations for sAVAX
Compositional Risk
Weight 5%68% conf
70
Good
  • Avalanche ecosystem integration
  • sAVAX integration across DeFi
  • Limited cross-chain
  • Standard lending composability
Supply Chain
Weight 4%72% conf
75
Good
  • Compound V2 fork
  • Standard Solidity
  • Verified
  • Standard deps

Additional Dimensions

Cascade Exposure
Weight conditional0% conf
-1
Critical
  • Not assessed — excluded from BRI computation

Risk Drivers

Primary risk factors driving this score, ordered by severity.

Governance & Upgradeability62
Access Control70
Compositional Risk70

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 2021-08-19Z-Factor 0.8009 active dimensions

Score History & Verification

Score provenance tracking begins with the next reassessment.

On-Chain Data

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

Reduce exploitable risk

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