Prime Rating
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Prime Rating
Permissionless framework for quantifying the quality and risk of open finance.

Introducing Prime Rating

Prime Rating is a comprehensive permissionless framework to quantify the quality and risk of open finance protocols. Prime Rating offers a simple and comparable opinion in the form of a letter rating on a scale from A+ to D, representing the overall quality of an open finance protocol from a neutral perspective, based on publicly available data. The Prime Rating system operates through a permissionless process governed by Prime Rating DAO. Prime Rating's mission is to improve the resiliency and functionality of the open finance ecosystem, to educate end-users about the quality and associated risks, and to create a benchmark for an open financial system that is permissionless, trustless, and transparent while respecting user sovereignty. Prime Rating evaluates protocols from the perspective of a token holder, based on smart contract quality and fundamental quality.
Become part of the Prime Rating Community by joining the Discord server!​
Prime Rating is bootstrapped by PrimeDAO, a collective of experienced builders committed to the systemic advancement of open finance.

Prime Rating Scale

To provide a simple and comparable opinion, protocols are rated on a scale from A+ to D depending on the aggregated outcome of smart contract quality and fundamental review.
Rating
Description
Score
A+
Prime-grade protocol
Average score > 85% & Min score > 70%
A
High-grade protocol
Average score > 75% & Min score > 60%
B+
Upper medium-grade protocol
Average score > 60% & Min score > 40%
B
Medium-grade protocol
Average score > 50% & Min score > 35%
C+
Lower medium grade protocol
Average score > 40% & Min score > 25%
C
Low-grade protocol
Average score > 35%
D
Protocol not retable
Average score < 35%
Get involved - Become a rater! Prime Rating is open to anyone who wants to contribute to the DAO. If research, token analysis and protocol deep-dives are your thing, great! Join us and become a rater.
If you want to contribute in other ways, awesome! Reach out to us via Discord and we will make sure you find the right spot for you to contribute.
Last modified 22d ago