30 KiB
30 KiB
Scoring model testing repo
Simplified overview
| Project | GitHub | Team | Docs | Audit | Score |
|---|---|---|---|---|---|
| Test project | available & active GitHub / not (25%) | public team / not (25%) | available & not marketing docs / not (25%) | available & up to date third-party audit / not (25%) | total |
| -> | 25% | 25% | 25% | 25% | from 0% to 100% |
Note:
- persona: non-techie
- max score: 100% (public GitHub, third-party audit, public Docs, public team)
- min score: 0%
- 🚩 - represents project sunset, empty or inactive Github, marketing docs
DeFi
| Project | Description | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|---|
| Firn Protocol | Firn is the first-ever zero-knowledge privacy platform in the account-based model, and introduces pluggable, flexible privacy to Ethereum-based chains. ✨️ZK | (GitHub) | live, june 2022 | Ethereum | anon | Docs | BlockSec | 75% |
| Shade | Shade Protocol is an array of connected privacy-preserving DeFi applications built on Secret Network | (GitHub) | live, february 2023 | Cosmos | anon | Docs | 🚩 2022: 2 audits | 75% |
| Silent protocol | Silent Protocol is the first protocol enabling compliant full-stack privacy for smart contract assets and web3 applications at scale. | - | TBD | Ethereum | anon | - | - | 0% |
| 🚩 sunset XATA | A MEV Minimization solution to survive the Dark Forest | - | TBD | Automata | anon | (Docs) | - | 25% |
| Sienna Network | Sienna is a privacy-first and cross-chain decentralized finance platform where you can privately swap, lend and convert your tokens into their private equivalent | 🚩LOW (GitHub) |
Q2 2023 | Secret Network | anon | Docs | 🚩 2022: 9 audits | 75% |
| Elusiv | Create blockchain privacy solutions that are built for everyday transactions — with the power of scalable ZK infrastructure on Solana ✨️ZK | (GitHub) | live, march 2023 | Solana | (Public) | 🚩 marketing Docs | - | 75% |
| Offshift | Offshift’s proprietary Shifting mechanism allows users to Shift between our native token, XFT, and a full palette of private synthetics | 🚩 LOW (GitLab) | live, march 2023 | Ethereum | (anon) | - | - | 25% |
| CAPE | Configurable Asset Privacy for Ethereum | (GitHub) | testnet | Ethereum | anon | Docs | - | 50% |
| Evanesco | A financial protocol platform that combines Layer0 network infrastructure with a private computing framework. | (GitHub) | live, december 2021 | Eva | anon | - | - | 25% |
| Dusk Network | Is technology for securities. An open source and secure blockchain (DLT) infrastructure that businesses use to tokenize financial instruments and automate costly processes. | (GitHub) | testnet | Dusk | (Public) | - | - | 50% |
| Manta Pay | MantaPay is coming to Calamari as the first privacy payment solution in the Kusama ecosystem.✨️ZK | (GitHub) | testnet v3 | Polkadot | public | Docs | - | 75% |
| Webb | an interoperable private bridge ✨️ZK | (GitHub) | beta | Tangle | anon | Docs | Audit of the DKG-Substrate pallet | 75% |
| Panther Protocol | is a decentralized privacy metaprotocol enabling confidential, trusted transactions and interoperability with DeFi ✨️ZK | (GitHub) | testnet launch Q2 2023, mainnet launch Q3 2023 | Ethereum, Elrond, Polkadot, Avalanche, Near, Flare | (Public) | Docs | 🚩 2021: ZKP Vesting, ZKP Token | 100% |
| 🚩 sunset zk.money | The private DeFi yield aggregator for Ethereum.✨️ZK | (Docs) | live, july 2022 | Ethereum | anon | Docs | - | 25% |
| RAILGUN | Private transfers and DeFi infra for Ethereum, Polygon, Binance Smart Chain and Arbitrum.✨️ZK | Github | live, Jul 2021 | Ethereum, BNB, Polygon | (Public) | Docs | 5 audits | 100% |
| Umbra | As a protocol, Umbra defines a simple set of standards, coupled with a singleton smart contract instance, to enable stealth addresses on Ethereum | (GitHub) | mainnet, june 2021 | Ethereum | anon | - | 🚩 2021: 3 audits | 50% |
| Light Shield | private transactions for Solana. | - | mainnet-beta | Solana | anon | Docs | 🚩 2022: Code review | 50% |
| Horizon | Decentralized Anonymous Payment Systems ✨️ZK | - | TBD | - | anon | 🚩 marketing Docs | Messier | 50% |
| Diva | Free banking technology for everyone: everyone can join in, everyone can use DIVA.EXCHANGE | (GitHub) | TBD | - | (Public) | Docs | - | - |
| 🚩 sunset Yellow Submarine | the first and only multichain dApp to offer plug-and-play private DeFi (PriFi) across all EVM-compatible chains | (Docs) | TBD | EVM compatible | anon | - | - | 25% |
| BasicSwap | Private Cross-Chain DEX | (GitHub) | beta, December 2022 | SMSG | (anon) | - | - | 50% |
| Common | Common will be a decentralized exchange that mitigates the Maximal Extractable Value (MEV) problem. | - | coming in 2023 | Near, Ethereum, Solana, Kusama, Azero | anon | - | - | 0% |
| Sacred | multi-chain DeFi Platform offers private Yield Bearing Deposits to DeFi users ✨️**ZK* | 🚩 LOW (GitHub) | TBD | Ethereum, Polygon | anon | - | - | 25% |
| 🚩 sunset Sahara | The first dedicated privacy protocol ecosystem that enables on-platform trade between volatile and stable assets | - | coming in 2023 | Ethereum, BNB, Polygon, Solana, Avalanche | (Public) | - | 🚩 2022: Vesting contract | 50% |
| 🚩 sunset DeFiner | Permission-less and configurable decentralized lending protocol with privacy 100% protected ✨️ZK | (GitHub) | beta | DeFiner | anon | Docs | 🚩 2020: Savings audits | 75% |
| Hurricane Protocol | A fully decentralized protocol offering private transactions on both the Terra & NEAR | 🚩 no code (GitHub) | TBD | Terra, Near | anon | 🚩 marketing Docs | - | 50% |
| StealthPay | a stealth address protocol for Ethereum. | 🚩 dead (GitHub) | TBD | Ethereum | anon | - | - | 25% |
| BlackBox | collection of tools allowing you send & receive SCRT anonymously | (GitHub) | TBD | Secret Network | anon | - | - | 25% |
| Hinkal | an easy-to-integrate privacy SDK that helps users anonymize transactions. | - | mainnet | Polygon | (Public) | - | Competitive security | 50% |
| Conceal Network | privacy-protected DeFi & encrypted comms | (GitHub) | live | Conceal | (anon) | Docs | - | 50% |
| CIA protocol | Building the truest form of DeFi with privacy by default. | - | TBD | Ethereum | anon | - | - | 0% |
| 🚩 sunset CoinBook | Decentralized Multi Chain P2P Order Book | - | - | multichain | anon | - | - | 0% |
| Seven Seas | No KYC, privacy Focused crypto Exchange | - | - | - | - | - | - | - |
| NonKYC | NonKYC Exchange | - | - | - | - | - | - | - |
| zkUSD | Privacy-Preserving Collateralized Lending & more | 🚩 no code (GitHub) | - | - | - | 🚩 marketing Docs | - | 50% |
| Spiral Finance | non-custodial privacy solution based on ZK-Sync ERA ✨️ZK | - | - | - | - | (Docs) | - | 25% |
| Fairy | comprehensive DeFi platform for token swaps, lending, NFT trading, collateralization | dead (GitHub) | - | - | - | Docs | 🚩 2022: Certik | 75% |
| Shade Cash | A decentralized protocol for private transactions on Fantom Opera | 🚩 no code (GitHub) | - | - | - | 🚩 marketing Docs | - | 50% |
Post-assesment breakdown
100% scoring
| Project | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|
| Panther Protocol | (GitHub) | testnet launch Q2 2023, mainnet launch Q3 2023 | Ethereum, Elrond, Polkadot, Avalanche, Near, Flare | (Public) | Docs | 🚩 2021: ZKP Vesting, ZKP Token | 100% |
| RAILGUN | Github | live, Jul 2021 | Ethereum, BNB, Polygon | (Public) | Docs | 5 audits | 100% |
total: 2 projects
Details:
- 1 red flag 🚩
75% scoring
| Project | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|
| Firn Protocol | (GitHub) | live, june 2022 | Ethereum | anon | Docs | BlockSec | 75% |
| Shade | (GitHub) | live, february 2023 | Cosmos | anon | Docs | 🚩 2022: 2 audits | 75% |
| Sienna Network | 🚩LOW (GitHub) |
Q2 2023 | Secret Network | anon | Docs | 🚩 2022: 9 audits | 75% |
| Elusiv | (GitHub) | live, march 2023 | Solana | (Public) | 🚩 marketing Docs | - | 75% |
| Manta Pay | (GitHub) | testnet v3 | Polkadot | public | Docs | - | 75% |
| Webb | (GitHub) | beta | Tangle | anon | Docs | Audit of the DKG-Substrate pallet | 75% |
| Diva | (GitHub) | TBD | - | (Public) | Docs | - | - |
| 🚩 sunset DeFiner | (GitHub) | beta | DeFiner | anon | Docs | 🚩 2020: Savings audits | 75% |
| Fairy | dead (GitHub) | - | - | - | Docs | 🚩 2022: Certik | 75% |
total: 9 projects
Details:
- 7 red flags 🚩
- 1 sunset
50% scoring
| Project | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|
| CAPE | (GitHub) | testnet | Ethereum | anon | Docs | - | 50% |
| Dusk Network | (GitHub) | testnet | Dusk | (Public) | - | - | 50% |
| Umbra | (GitHub) | mainnet, june 2021 | Ethereum | anon | - | 🚩 2021: 3 audits | 50% |
| Light Shield | - | mainnet-beta | Solana | anon | Docs | 🚩 2022: Code review | 50% |
| Horizon | - | TBD | - | anon | 🚩 marketing Docs | Messier | 50% |
| BasicSwap | (GitHub) | beta, December 2022 | SMSG | (anon) | - | - | 50% |
| 🚩 sunset Sahara | - | coming in 2023 | Ethereum, BNB, Polygon, Solana, Avalanche | (Public) | - | 🚩 2022: Vesting contract | 50% |
| Hurricane Protocol | 🚩 no code (GitHub) | TBD | Terra, Near | anon | 🚩 marketing Docs | - | 50% |
| Hinkal | - | mainnet | Polygon | (Public) | - | Competitive security | 50% |
| Conceal Network | (GitHub) | live | Conceal | (anon) | Docs | - | 50% |
| zkUSD | 🚩 no code (GitHub) | - | - | - | 🚩 marketing Docs | - | 50% |
| Shade Cash | 🚩 no code (GitHub) | - | - | - | 🚩 marketing Docs | - | 50% |
total: 12 projects
Details:
- 11 red flags 🚩
- 1 sunset
25% scoring
| Project | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|
| 🚩 sunset XATA | - | TBD | Automata | anon | (Docs) | - | 25% |
| Offshift | 🚩 LOW (GitLab) | live, march 2023 | Ethereum | (anon) | - | - | 25% |
| Evanesco | (GitHub) | live, december 2021 | Eva | anon | - | - | 25% |
| 🚩 sunset zk.money | (Docs) | live, july 2022 | Ethereum | anon | Docs | - | 25% |
| 🚩 sunset Yellow Submarine | (Docs) | TBD | EVM compatible | anon | - | - | 25% |
| Sacred | 🚩 LOW (GitHub) | TBD | Ethereum, Polygon | anon | - | - | 25% |
| StealthPay | 🚩 dead (GitHub) | TBD | Ethereum | anon | - | - | 25% |
| BlackBox | (GitHub) | TBD | Secret Network | anon | - | - | 25% |
| Spiral Finance | - | - | - | - | (Docs) | - | 25% |
total: 9 projects
Details:
- 6 red flags 🚩
- 3 sunsets
0% scoring
| Project | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|
| Silent protocol | - | TBD | Ethereum | anon | - | - | 0% |
| Common | - | coming in 2023 | Near, Ethereum, Solana, Kusama, Azero | anon | - | - | 0% |
| CIA protocol | - | TBD | Ethereum | anon | - | - | 0% |
| 🚩 sunset CoinBook | - | - | multichain | anon | - | - | 0% |
| Seven Seas | - | - | - | - | - | - | - |
| NonKYC | - | - | - | - | - | - | - |
total: 6 projects
Details:
- 1 red flag 🚩
- 1 sunset
Red-flag applicable breakdown
Note:
- 🚩 - represents - 25% of scoring
- sunset - decreases scoring to 0%
100% scoring
| Project | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|
| RAILGUN | Github | live, Jul 2021 | Ethereum, BNB, Polygon | (Public) | Docs | 5 audits | 100% |
total: 1 project
75% scoring
| Project | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|
| Firn Protocol | (GitHub) | live, june 2022 | Ethereum | anon | Docs | BlockSec | 75% |
| Manta Pay | (GitHub) | testnet v3 | Polkadot | public | Docs | - | 75% |
| Webb | (GitHub) | beta | Tangle | anon | Docs | Audit of the DKG-Substrate pallet | 75% |
| Diva | (GitHub) | TBD | - | (Public) | Docs | - | - |
| Panther Protocol | (GitHub) | testnet launch Q2 2023, mainnet launch Q3 2023 | Ethereum, Elrond, Polkadot, Avalanche, Near, Flare | (Public) | Docs | 🚩 2021: ZKP Vesting, ZKP Token | 75% |
total: 5 projects
Details:
- 1 red flag 🚩
50% scoring
| Project | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|
| CAPE | (GitHub) | testnet | Ethereum | anon | Docs | - | 50% |
| Dusk Network | (GitHub) | testnet | Dusk | (Public) | - | - | 50% |
| BasicSwap | (GitHub) | beta, December 2022 | SMSG | (anon) | - | - | 50% |
| Hinkal | - | mainnet | Polygon | (Public) | - | Competitive security | 50% |
| Conceal Network | (GitHub) | live | Conceal | (anon) | Docs | - | 50% |
| Elusiv | (GitHub) | live, march 2023 | Solana | (Public) | 🚩 marketing Docs | - | 50% |
| Fairy | dead (GitHub) | - | - | - | Docs | 🚩 2022: Certik | 50% |
| Shade | (GitHub) | live, february 2023 | Cosmos | anon | Docs | 🚩 2022: 2 audits | 50% |
total: 8 projects
Details:
- 3 red flags 🚩
25% scoring
| Project | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|
| Evanesco | (GitHub) | live, december 2021 | Eva | anon | - | - | 25% |
| BlackBox | (GitHub) | TBD | Secret Network | anon | - | - | 25% |
| Spiral Finance | - | - | - | - | (Docs) | - | 25% |
| Horizon | - | TBD | - | anon | 🚩 marketing Docs | Messier | 25% |
| Umbra | (GitHub) | mainnet, june 2021 | Ethereum | anon | - | 🚩 2021: 3 audits | 25% |
| Light Shield | - | mainnet-beta | Solana | anon | Docs | 🚩 2022: Code review | 25% |
| Sienna Network | 🚩LOW (GitHub) |
Q2 2023 | Secret Network | anon | Docs | 🚩 2022: 9 audits | 25% |
total: 7 projects
Details:
- 5 red flags 🚩
0% scoring
| Project | GitHub | Product-readiness | Ecosystem | Team | Docs | Audit | Score |
|---|---|---|---|---|---|---|---|
| Silent protocol | - | TBD | Ethereum | anon | - | - | 0% |
| Common | - | coming in 2023 | Near, Ethereum, Solana, Kusama, Azero | anon | - | - | 0% |
| CIA protocol | - | TBD | Ethereum | anon | - | - | 0% |
| 🚩 sunset CoinBook | - | - | multichain | anon | - | - | 0% |
| Seven Seas | - | - | - | - | - | - | - |
| NonKYC | - | - | - | - | - | - | - |
| 🚩 sunset zk.money | (Docs) | live, july 2022 | Ethereum | anon | Docs | - | 0% |
| 🚩 sunset Yellow Submarine | (Docs) | TBD | EVM compatible | anon | - | - | 0% |
| Sacred | 🚩 LOW (GitHub) | TBD | Ethereum, Polygon | anon | - | - | 0% |
| StealthPay | 🚩 dead (GitHub) | TBD | Ethereum | anon | - | - | 0% |
| 🚩 sunset XATA | - | TBD | Automata | anon | (Docs) | - | 0% |
| Offshift | 🚩 LOW (GitLab) | live, march 2023 | Ethereum | (anon) | - | - | 0% |
| zkUSD | 🚩 no code (GitHub) | - | - | - | 🚩 marketing Docs | - | 0% |
| Shade Cash | 🚩 no code (GitHub) | - | - | - | 🚩 marketing Docs | - | 0% |
| 🚩 sunset Sahara | - | coming in 2023 | Ethereum, BNB, Polygon, Solana, Avalanche | (Public) | - | 🚩 2022: Vesting contract | 0% |
| Hurricane Protocol | 🚩 no code (GitHub) | TBD | Terra, Near | anon | 🚩 marketing Docs | - | 0% |
| 🚩 sunset DeFiner | (GitHub) | beta | DeFiner | anon | Docs | 🚩 2020: Savings audits | 75% |
total: 17 projects
Details:
- 17 red flags 🚩
- 6 sunsets
Findings
DeFi category
- 38 projects
- 25 red flags
- 6 sunsets
high-risk category
- 44.7% of the projects scored 0%
- 18.4% scored 25%
- 63.1% of the total projects - high-risk category (0-25%)
low-risk category
- 1% of the projects hit 100%
- 13.1% hit 75%
- 14.1% combined - low-risk category
moderate risk-category
- 21% - moderate risk-category