DeFiPunk'd

River

2 deployments · $91.0M aggregate TVL · CeDeFi

Deployments

Each deployment is rated independently. Pick one to see its rating, risk analysis, and stage.

TVL $91.0M
Type CeDeFi
Chains Binance, Base, BSquared, Ethereum, BOB +7
View on DeFiLlama ↗
Control criteria
Upgradeability Upgradeable Bug bounty Governance forum Docs docs.river.inc
About

River (formerly Satoshi Protocol) is an omni-chain stablecoin and liquidity system built on LayerZero OFT standard. It enables users to deposit BTC, ETH, BNB, or LSTs as collateral on one chain and natively mint satUSD stablecoin on another chain without bridges or wrapping. The protocol features isolated lending pools with liquidation management, stability mechanisms, and yield infrastructure through satUSD+ liquid staking token.

Risk analysis

One card per dimension, sorted by severity. Only Verifiability and Autonomy carry automated signals in Phase 0. See methodology for scope.

Audit a dimension yourself · DEFI@home Contribute an LLM-run assessment — any model, any dimension. Three agreeing runs merge automatically into the public record.

DEFI@home is a distributed audit network modeled on SETI@home: instead of CPU cycles, it crowdsources LLM reasoning. Paste a slice prompt into Claude, ChatGPT, Gemini, or any browsing-capable model, and submit the JSON output as a pull request. The quorum bot merges it once ≥3 independent runs (from different models) reach the same grade — no single model, and no single contributor, can move the needle alone. How it works →

  • Address discovery 32 addresses on file · 1 run Submit run ↗
  • Verifiability Unverified Submit run ↗
  • Control Unverified Submit run ↗
  • Ability to exit Unverified Submit run ↗
  • Autonomy Unverified Submit run ↗
  • Open Access Unverified Submit run ↗
  • Audit all 5 dimensions · one prompt Submit run ↗
  1. Verifiability tentative
    Open source + 12 audits

    Protocol publishes a GitHub repository and has at least one audit on record. This is a coarse Phase-0 signal only: auditor reputation, scope, and post-audit review coverage are not yet weighted.

    Run your own prompt Submit run ↗
4 dimensions not yet assessed (Control, Ability to exit, Autonomy, Open Access)
  1. Control unknown Unverified
    Not yet assessed

    Who holds admin privileges, how contracts can be upgraded, and how quickly. No automated heuristic grades this at Phase 0; a real assessment arrives when onchain discovery reads roles, owners, and timelocks.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  2. Ability to exit unknown Unverified
    Not yet assessed

    Whether users can exit on their own terms if the team disappears or acts adversarially. Requires per-protocol review; not available at Phase 0.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  3. Autonomy unknown Unverified
    No Phase-0 autonomy signal

    Neither the category heuristic nor the forkedFrom signal fires for this protocol. A real autonomy graph (oracles, bridges, fallbacks, governance-mutable dependencies) arrives with Phase-2 onchain discovery.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  4. Open Access unknown Unverified
    Not yet assessed

    Whether the protocol depends on privileged operators, whitelists, geo-restrictions, or off-chain infrastructure. This is not a signal DeFiLlama carries in a usable form; crawler-based detection lands in a later phase.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗

Stage

Preview of the Phase-3 maturity framework. DeFiPunk'd will adopt DeFiScan v2's stages verbatim; the section is rendered below in its intended shape so the structure is visible today.

River Omni-CDP has not yet been assessed under the DeFiScan v2 stage framework.
The walkaway test is the central criterion. Once stages land, protocols reach Stage 1 only if users can exit in the presence of malicious operators even when the emergency council disappears.
Scope of assessment
Stages are assessed per-protocol against DeFiScan v2's criteria: governance structure, upgradeability path, timelock durations, emergency-council scope, and the walkaway test. The analysis depends on onchain discovery (roles, owners, timelocks) and deeper review of deployed contracts — neither of which DeFiPunk'd automates at Phase 0.
Stage 0 requirements pending
Governance is largely off-chain, contracts are upgradeable with short or no timelock, and the protocol depends on a multisig or team with full discretion. At Phase 0 DeFiPunk'd does not automatically evaluate these; the assessment lands with crawler-based onchain discovery.
Stage 1 requirements pending
Users can exit or opt out on their own terms even if the team disappears. Upgrades run through a meaningful timelock with an emergency security council clearly scoped. The walkaway test is the headline criterion.
Stage 2 requirements pending
Protocol is fully permissionless and immutable, or upgrades require a supermajority of token holders with a long timelock and no emergency override. This is the terminal stage of the DeFiScan v2 framework.
Learn more about DeFiScan v2 stages →
Stages are an opinionated assessment of maturity, not a rating of security or safety. A protocol can sit at Stage 2 and still carry substantial technical or economic risk; the framework exists to incentivize decentralization, not to rank protocols.

Contract surface

Every contract in scope for this protocol — pooled from DeFiLlama's TVL adapter (mechanical) and DEFI@home discovery submissions (LLM-curated). Verified-source flags come from Etherscan + Sourcify; owner / multisig metadata is read on-chain when available. Reviewer audit context, not a slice score. A lending protocol's adapter set will list third-party collateral tokens alongside its own contracts; attribution is the grader's job.

  • 66addresses
  • 20verified source
  • 11proxies
  • 3of 10 owners are Safes

TVL adapter pinned at 683d369. Sourcecode fetched 2026-05-06. Control fetched 2026-05-14.

arbitrumDai0xda10…0da1TVL
arbitrumStakedUSDeOFT0x211c…e5d2TVL0xc964…406d5/10 Safe
arbitrumTransparentUpgradeableProxy0xff97…5cc8TVLproxy0x0000…0001
arbitrumFiatTokenProxy0xaf88…5831TVLproxy0xc7a5…ebc9
arbitrumUSDeOFT0x5d3a…ef34TVL0xc964…406d5/10 Safe
arbitrumTransparentUpgradeableProxy0xfd08…cbb9TVLproxy0x4dff…0bf83/5 Safe
ArbitrumBorrowerOperationsFacet (minting)0xb0fe…b5f5discovery
ArbitrumCoreFacet (core logic facet)0xe16e…2301discovery
ArbitrumFactoryFacet (factory)0x89a7…f77ediscoveryfactory
ArbitrumLiquidationFacet (liquidation)0x38e2…2695discovery
ArbitrumNexusYieldManagerFacet (yield manager)0xc02d…53f2discovery
ArbitrumPriceFeedAggregatorFacet (oracle)0xefaa…6860discoveryoracle
ArbitrumSatoshiXApp (core logic)0x07bb…a4ecdiscovery
ArbitrumsatUSD (stablecoin token)0xb481…66cbdiscoverytoken
ArbitrumStabilityPoolFacet (stability)0x9a3c…1dd3discovery
baseOptimismMintableERC200x50c5…b0cbTVL
baseFiatTokenProxy0x8335…2913TVLproxy
baseUSDT0xfde4…9bb2TVL
BEVMBorrowerOperationsFacet (minting)0x022f…e279discovery
BEVMCoreFacet (core logic facet)0x5788…53cbdiscovery
BEVMFactoryFacet (factory)0xb127…239cdiscoveryfactory
BEVMLiquidationFacet (liquidation)0xc33f…93a4discovery
BEVMPriceFeedAggregatorFacet (oracle)0x4edc…6605discoveryoracle
BEVMSatoshiXApp (core logic)0xd4b0…a72bdiscovery
BEVMsatUSD (stablecoin token)0x2031…1478discoverytoken
bobuniBTC0x236f…3894TVL
bobUSDC0xe75d…58f0TVL
bobUSDT0x05d0…17b9TVL
bobWBTC0x03c7…cfa3TVL
bscBEP20DAI0x1af3…dbc3TVL
bscTransparentUpgradeableProxy0xc5f0…6409TVLproxy
bscTransparentUpgradeableProxy0x8d0d…8b0dTVLproxy
bscBEP20UpgradeableProxy0x8ac7…580dTVLproxy
bscBEP20USDT0x55d3…7955TVL
bsquaredUSDC0xe544…b9e5TVL
bsquaredUSDT0x6812…dd62TVL
btrUSDC0x9827…0030TVL
btrUSDT0xfe9f…9dd2TVL
ethereumcrvUSD Stablecoin0xf939…1b4eTVLtoken
ethereumTransparentUpgradeableProxy0x8236…4494TVLproxy0x055e…7e59
ethereumFiatTokenProxy0xa0b8…eb48TVLproxy0xfcb1…ae3a
ethereumTetherToken0xdac1…1ec7TVL0xc6cd…a828
EthereumBorrowerOperations (minting, legacy v1)0xaa17…5acbdiscovery
EthereumLiquidationManager (liquidation, legacy v1)0x31ba…921cdiscovery
EthereumPriceFeedAggregator (oracle, legacy v1)0x3dd4…2ff4discoveryoracle
EthereumRewardManager (rewards, legacy v1)0x0237…82b8discovery
EthereumRIVER (governance/utility token)0xda7a…52b3discoverygovernance
EthereumSatoshiCore (core logic, legacy v1)0x365b…e3b6discovery
EthereumsatUSD (stablecoin token, legacy v1)0xf269…4fbbdiscoverytoken
EthereumStabilityPool (stability, legacy v1)0x5c85…2437discovery
hemiDAI0x6c85…9080TVL
hemiUSDC_e0xad11…5afaTVL
hemiUSDT0xbb0d…1c2eTVL
HemiBorrowerOperationsFacet (minting)0xb0fe…b5f5discovery
HemiCoreFacet (core logic facet)0xe16e…2301discovery
HemiFactoryFacet (factory)0x89a7…f77ediscoveryfactory
HemiLiquidationFacet (liquidation)0x38e2…2695discovery
HemiPriceFeedAggregatorFacet (oracle)0xefaa…6860discoveryoracle
HemiSatoshiXApp (core logic)0x07bb…a4ecdiscovery
HemisatUSD (stablecoin token)0xb481…66cbdiscoverytoken
HemiStabilityPoolFacet (stability)0x9a3c…1dd3discovery
sonicFiatTokenProxy0x2921…8894TVLproxy0xfb5c…58b8
sonicTransparentUpgradeableProxy0x6047…eaf9TVLproxy0x667e…304a
stableUSDT00x779d…3736TVL
xlayerUSDC0x74b7…6d22TVL
xlayerUSDT0x1e4a…d41dTVL

Protocol Info

Links

[defillama] Source: DeFiLlama [:] Source: DEFI@home quorum
Twitter
@RiverdotInc

Security

[defillama] Source: DeFiLlama
Audits
3 audits
Bug bounty
unknown
Security contact
unknown

Technical

[:] Source: DEFI@home quorum
Voting token
RIVER Ethereum: 0xda7ad9dea9397cffddae2f8a052b82f1484252b3
Upgradeability
Upgradeable

Provenance

[defillama] Source: DeFiLlama
Review status
listed
Updated
2026-06-01 11:27 UTC