❓About Chainrisk -

Chainrisk is an end-to-end economic security & risk management company building tools and services for all Defi protocols and L1, L2s to protect value at risk. Chainrisk is a Security SaaS company building a unified simulation platform that allows teams to test protocols efficiently while understanding how they will react to adversarial market environments. The backbone of our technology is a cloud-based, agent- and scenario-based simulation engine that allows users to create specific market scenarios to test new features & assets to understand risk parameters better.

💼 Company Background -

Chainrisk specializes in economic security, offering a unified simulation platform designed for teams to efficiently test protocols, particularly in challenging market conditions. Our technology is anchored by a cloud-based simulation engine driven by agents and scenarios, enabling users to create tailored market situations for comprehensive risk assessment.

Our team comprises experts with diverse backgrounds in Crypto, Security, Data Science, Economics, and Statistics, bringing valuable experience from institutions such as Ethereum Foundation, NASA, JP Morgan, Deutsche Bank, Polygon, Nethermind, and Eigen Layer.

🏃‍♀️Chainrisk Simulation Environment

The Chainrisk Simulation Engine is a modular testing environment that is configured to align with Compound’s existing state including Contracts, Agent, Liquidations, and Oracles. This engine has been used to run all simulations and results in this report. The Chainrisk Simulation Engine is unique for its two-part high-fidelity simulation system.

  1. RiskEVM - This is a Rust-based simulation engine optimized for heavy computations.
  2. On-Chain Simulation - This Engine is responsible for backtesting on forked networks and is optimized for factual precision.

Screenshot 2024-09-05 at 7.20.48 PM.png

🚀 10+ Protocol & 5+ Ecosystem Integrations

  1. Compound - Chainrisk is proposing to onboard the Compound community into its risk and simulation platform to test Compound V3 (Comet) Modules ( Interest Rates, Collateral and Borrowing, and Liquidations Module ), and new protocol upgrades in various market scenarios.

This platform will support the community in stress testing the mechanism design of the protocol and bespoke protocol research with publicly available analysis and results.

**Link to Compound V3 Economic Audit Report:** 
[<https://arxiv.org/pdf/2410.04085>](<https://arxiv.org/pdf/2410.04085>)
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**Link to POW on Compound Forum:** 

[[Chainrisk] - Economic Risk Simulation Engine for Compound v3](<https://www.comp.xyz/t/chainrisk-economic-risk-simulation-engine-for-compound-v3/5156>)

**Simulation Overview:** 

[<https://youtu.be/JcS5pswau-0?si=M4l_QrTn_Zy7fxJY>](<https://youtu.be/JcS5pswau-0?si=M4l_QrTn_Zy7fxJY>)

https://x.com/compoundgrants/status/1826146776140886029?s=46

https://twitter.com/chain_risk/status/1796563591770128730

  1. Plend - Chainrisk is onboarding the Plend Finance community into its risk and simulation platform to test its Lending and Borrowing Markets on Etherlink.

    This platform will support the community in stress testing the mechanism design of the protocol and bespoke protocol research with publicly available analysis and results.

    Link to Superlend Economic Audit Report: https://www.chainrisk.xyz/blog-posts/superlend-economic-risk-report

3. Ebisu Finance - Chainrisk is onboarding the community into its risk and simulation platform to stress test various levers of volatility and simulate market swings.

https://x.com/ebisu_finance/status/1796219413655629972?s=46