what's llamarisk?
LlamaRisk is a DeFi risk management firm specializing in building trust, transparency, and growth in decentralized finance. They provide comprehensive risk assessments for protocols like EigenDA and Aave, including AVS risk evaluations and postmortems on exploits such as reentrancy vulnerabilities in Curve pools. LlamaRisk develops tools like LlamaGuard NAV, a next-gen oracle for real-world assets integrated with Chainlink and Aave, offering dynamic, risk-adjusted net asset value feeds with automated safeguards. They also manage optimizer vaults for assets like crvUSD on Arbitrum, focusing on yield optimization and risk mitigation in lending markets. Additionally, LlamaRisk emphasizes qualitative risk analysis, covering governance, dependencies, audits, and bug bounties to uncover hidden vulnerabilities in DeFi protocols.
LlamaLend sDOLA exploit post-mortem: unsmoothed oracle reads caused $190K donation, 13.79% inflation, 27 liquidations.
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x.com/llamariskPublished post-mortem analysis of LlamaLend sDOLA exploit attributed to unsmoothed vault oracle reads, resulting in $190K donation that inflated price-per-share by 13.79% and hard-liquidated 27 borrowers.
Founder and CEO Adam Sadowski is scheduled to speak at Stable Summit IV conference in Cannes on March 27-28, 2026, discussing risk-informed data feeds and institutional liquidity.
Completed a technical analysis and assessment of Falcon stablecoin project.
Received a 250K OP grant for work with Curve Finance during Q3-Q4.
LlamaRisk collaborates with Morpho, GamiLabs, and IPOR on upcoming Stake DAO Curated Vaults building on Stake DAO's yield infrastructure.
LlamaRisk publishes new report on Aave Horizon showing Superstate's $USCC has become the largest RWA on the platform.
LlamaRisk launches LlamaGuard NAV, a risk oracle integrated by Aave Horizon for pricing institutional-grade tokenized RWAs using Chainlink Runtime Environment, announced at SmartCon 2025 by Sergey Nazarov and Stani Kulechov.
Securitize adopts Chainlink data standard for pricing tokenized funds including VanEck's VBILL on Aave Horizon, which has surpassed $450 million in deposits and uses LlamaGuard NAV for risk controls.
Aave Horizon upgrades LlamaGuard NAV to integrate with Chainlink Runtime Environment (CRE), adding automated risk management capabilities including circuit breakers and parameter adjustments, with NAV data feeds exclusively powered by CRE.
LlamaGuard NAV integrates with Chainlink Runtime Environment to exclusively power Aave Horizon's NAV data feeds and enable automated risk management actions including circuit breakers and protocol parameter adjustments.
LlamaRisk joins Chainlink's Automated Compliance Engine (ACE) partner ecosystem as a risk scoring platform provider, auditing ACE-enabled tokens to provide independent risk scores and assessments.
LlamaRisk launches crvUSD Optimizer Vault on Arbitrum using IPOR Fusion and Stake DAO infrastructure.
LlamaRisk's decision to price USDe 1:1 with USDT prevented liquidations of $4.8 billion in positions on Aave with $180 million in potential penalties during Friday's market volatility, and calls for asset issuers to implement proof-of-reserve oracle systems across DeFi.
Critical oracle updates saved billions of dollars during severe market volatility, demonstrating successful risk mitigation in preventing a major DeFi crisis involving USDe oracle configurations.
LlamaGuard NAV, a dynamic risk-adjusted oracle solution for pricing tokenized real-world assets, is now live and integrated with Aave Horizon through a collaboration with Chainlink and Aave. The product leverages Chainlink's decentralized oracle infrastructure and targets the $30B+ tokenized RWA market.
Llama Risk publicly criticizes Circle and Tether for inadequate bug bounty programs, calling their $5k and $10k caps too low for their billions in assets.
New proposal submitted to add fxSAVE-long LlamaLend Market to Curve Finance's Gauge Controller.
Extends Aave partnership, remains service provider for Aave DAO alongside Chaos Labs, TokenLogic, and Certora.