What is Liquity V1's risk level?

Yielna's risk meter reads Low for Liquity V1, from its contracts, their control and its history. It measures structural and historical risk, not future returns.

Is Liquity V1 verified by Yielna?

Yes — Liquity V1 holds Yielna's verified (first level) badge, awarded only when every requirement is met and verified on-chain.

What is Liquity V1's TVL?

$193.5M, as reported by DefiLlama.

Has Liquity V1 been exploited?

No exploit is recorded for Liquity V1.

Liquity V1

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Overview

TVL

$193.5M

Up 62% over 90 days

Live since

2021

Staked governance tokens$12.6M· not in TVL

TVL, last 90 days

Risk

How it's measured

Low

Full data

Security

AuditsAudited by Trail of Bits, January 2021Audit page 1 Audit page 2

Contract statusAll contracts verified, immutableTroveManager 0xA397…4bb2 BorrowerOperations 0x2417…e007 StabilityPool 0x6601…21bb LUSD 0x5f98…8bA0

Admin controlNone — the contracts cannot be changed

Track record

Through market stressCame through all 5UST/Luna collapse (May 2022) — kept 57% of its depositsFTX collapse (Nov 2022) — kept 87% of its depositsUSDC depeg (Mar 2023) — deposits grew 29%August 2024 crash — kept 69% of its depositsOctober 2025 liquidation cascade — kept 73% of its deposits

Exploit historyNone recorded