Risk Monitoring [400]

The below table displays real-time Risk Monitoring inputs into the methodology. These metrics rely on calculations from Credora's privacy-preserving infrastructure.

Credora captures information across digital asset trading venues, bank accounts, and custody solutions. Additionally, Credora captures on-chain assets across Ethereum, EVM compatible chains, and Solana.

Risk Monitoring metrics validate financials and liquidity. Additionally, they permit ongoing monitoring of directional risk and counterparty risk. Credora technology provides verification of reported financial information directly from information sources, enabling confidence in the Credit Assessment.

Category	Factor	Definition
Visible Liquidity	Visible Liquidity	Visible Liquidity is defined below, where Visible Assets are real-time Assets captured by the Credora platform: (2 Week Average of Visible Assets + Assets validated through account statements) / Reported Current Assets
Portfolio Equity	Portfolio Equity	Portfolio Equity is defined as Assets - Liabilities, adjusted by the Visible Liquidity score.
Portfolio Leverage	Portfolio Leverage	Portfolio Leverage is calculated as Debt / Portfolio Equity, where Portfolio Equity is adjusted by the Visible Liquidity score.

Validation primarily occurs through Risk Monitoring. Where Credora is incapable of capturing information via API, Credit Methodology policies allow for point accumulation through the sharing of documentation. This may include documents verifying account ownership and balances at a specific point in time (e.g. Bank Statement). Credora applies a discount to Asset validation that is not achievable through API.

The scoring curves for multiple factors are included below. On the y axis, the percentage of available points is displayed.

Visible Liquidity

Portfolio Equity

Portfolio Leverage