LLAMARISK ADVISORY
Deep Research,
Precise Outcomes
LlamaRisk delivers independent risk architecture across the full spectrum, from quantitative modeling and stress simulations to qualitative assessment and legal analysis. We work with protocols and asset issuers, where risk decisions carry real consequences.
Our team combines research depth with operational continuity, designing collateral frameworks, calibrating protocol parameters, and evaluating legal and regulatory exposure from initial architecture through every governance decision that follows.
ADVISORY SCOPE
Our Expertise
Risk Architecture & Market Design
Design of protocol market structures, collateral frameworks, and risk parameters to ensure resilient and capital-efficient systems.
Stress Testing & Scenario Simulation
Quantitative modeling of market shocks, liquidity stress, and collateral volatility to evaluate protocol resilience under extreme conditions.
Collateral & Asset Risk Assessment
Independent evaluation of stablecoins, RWAs, and crypto assets, including liquidity depth, oracle risk, and systemic exposure.
Parameter Calibration & Implementation Support
Design and calibration of protocol parameters such as LTVs, liquidation thresholds, caps, and interest rate models, supporting governance decision-making.
Legal & Regulatory Risk Assessment
Independent analysis of legal and regulatory risks across jurisdictions, supporting protocol design, compliance, and governance decisions.
Trusted by leading protocols
"Llamarisk has been a key member of Ethena's Risk Committee from Day 1, providing valuable analysis on topics like Reserve Fund sizing, USDe backing assets and protocol integrations to name a few. The level of work their team puts in to risk analysis is always of the highest quality and they have undoubtedly been a huge value add to Ethena's governance and community."
Conor Ryder, Head of Research, Ethena
"I had the pleasure to work with LlamaRisk on several projects and their commitment and work has been always of the highest quality."
Martin Krüng, Core Contributor, Curve
"LlamaGuard NAV shows how DeFi infrastructure is maturing to meet the scale of global finance. By pairing Chainlink's battle-tested oracle networks with LlamaRisk's dynamic risk modeling, we're building on Aave Horizon's resilient foundation to support the next wave of tokenized real-world assets."
Stani Kulechov, Founder, Aave Labs
"LlamaGuard represents a major step forward in how tokenized real-world assets can be secured onchain within the DeFi economy. By combining Chainlink's proven oracle networks with LlamaRisk's expertise in risk management, Aave Horizon can now access NAV safeguards that adjust dynamically to real-world market conditions. It's a prime example of how the DeFi ecosystem is moving toward more resilient and institution-ready RWA infrastructure."
Johann Eid, Chief Business Officer, Chainlink Labs
"Llamarisk has been a key member of Ethena's Risk Committee from Day 1, providing valuable analysis on topics like Reserve Fund sizing, USDe backing assets and protocol integrations to name a few. The level of work their team puts in to risk analysis is always of the highest quality and they have undoubtedly been a huge value add to Ethena's governance and community."
Conor Ryder, Head of Research, Ethena
"I had the pleasure to work with LlamaRisk on several projects and their commitment and work has been always of the highest quality."
Martin Krüng, Core Contributor, Curve
"LlamaGuard NAV shows how DeFi infrastructure is maturing to meet the scale of global finance. By pairing Chainlink's battle-tested oracle networks with LlamaRisk's dynamic risk modeling, we're building on Aave Horizon's resilient foundation to support the next wave of tokenized real-world assets."
Stani Kulechov, Founder, Aave Labs
"LlamaGuard represents a major step forward in how tokenized real-world assets can be secured onchain within the DeFi economy. By combining Chainlink's proven oracle networks with LlamaRisk's expertise in risk management, Aave Horizon can now access NAV safeguards that adjust dynamically to real-world market conditions. It's a prime example of how the DeFi ecosystem is moving toward more resilient and institution-ready RWA infrastructure."
Johann Eid, Chief Business Officer, Chainlink Labs
"Llamarisk has been a key member of Ethena's Risk Committee from Day 1, providing valuable analysis on topics like Reserve Fund sizing, USDe backing assets and protocol integrations to name a few. The level of work their team puts in to risk analysis is always of the highest quality and they have undoubtedly been a huge value add to Ethena's governance and community."
Conor Ryder, Head of Research, Ethena
"I had the pleasure to work with LlamaRisk on several projects and their commitment and work has been always of the highest quality."
Martin Krüng, Core Contributor, Curve
"LlamaGuard NAV shows how DeFi infrastructure is maturing to meet the scale of global finance. By pairing Chainlink's battle-tested oracle networks with LlamaRisk's dynamic risk modeling, we're building on Aave Horizon's resilient foundation to support the next wave of tokenized real-world assets."
Stani Kulechov, Founder, Aave Labs
"LlamaGuard represents a major step forward in how tokenized real-world assets can be secured onchain within the DeFi economy. By combining Chainlink's proven oracle networks with LlamaRisk's expertise in risk management, Aave Horizon can now access NAV safeguards that adjust dynamically to real-world market conditions. It's a prime example of how the DeFi ecosystem is moving toward more resilient and institution-ready RWA infrastructure."
Johann Eid, Chief Business Officer, Chainlink Labs
"Llamarisk has been a key member of Ethena's Risk Committee from Day 1, providing valuable analysis on topics like Reserve Fund sizing, USDe backing assets and protocol integrations to name a few. The level of work their team puts in to risk analysis is always of the highest quality and they have undoubtedly been a huge value add to Ethena's governance and community."
Conor Ryder, Head of Research, Ethena
"I had the pleasure to work with LlamaRisk on several projects and their commitment and work has been always of the highest quality."
Martin Krüng, Core Contributor, Curve
"LlamaGuard NAV shows how DeFi infrastructure is maturing to meet the scale of global finance. By pairing Chainlink's battle-tested oracle networks with LlamaRisk's dynamic risk modeling, we're building on Aave Horizon's resilient foundation to support the next wave of tokenized real-world assets."
Stani Kulechov, Founder, Aave Labs
"LlamaGuard represents a major step forward in how tokenized real-world assets can be secured onchain within the DeFi economy. By combining Chainlink's proven oracle networks with LlamaRisk's expertise in risk management, Aave Horizon can now access NAV safeguards that adjust dynamically to real-world market conditions. It's a prime example of how the DeFi ecosystem is moving toward more resilient and institution-ready RWA infrastructure."
Johann Eid, Chief Business Officer, Chainlink Labs
"Llamarisk has been a key member of Ethena's Risk Committee from Day 1, providing valuable analysis on topics like Reserve Fund sizing, USDe backing assets and protocol integrations to name a few. The level of work their team puts in to risk analysis is always of the highest quality and they have undoubtedly been a huge value add to Ethena's governance and community."
Conor Ryder, Head of Research, Ethena
"I had the pleasure to work with LlamaRisk on several projects and their commitment and work has been always of the highest quality."
Martin Krüng, Core Contributor, Curve
"LlamaGuard NAV shows how DeFi infrastructure is maturing to meet the scale of global finance. By pairing Chainlink's battle-tested oracle networks with LlamaRisk's dynamic risk modeling, we're building on Aave Horizon's resilient foundation to support the next wave of tokenized real-world assets."
Stani Kulechov, Founder, Aave Labs
"LlamaGuard represents a major step forward in how tokenized real-world assets can be secured onchain within the DeFi economy. By combining Chainlink's proven oracle networks with LlamaRisk's expertise in risk management, Aave Horizon can now access NAV safeguards that adjust dynamically to real-world market conditions. It's a prime example of how the DeFi ecosystem is moving toward more resilient and institution-ready RWA infrastructure."
Johann Eid, Chief Business Officer, Chainlink Labs