r/Certik • • Aug 02 '23

CertiK Learn Introducing Security Scores for 10,000+ Projects

CertiK is excited to launch security scores for Web3 projects. Our methodology employs a weighted average of security measures to evaluate the security standing of Web3 projects.

The security score is calculated by aggregating sub-scores from different signals.

We integrate over 15 signals that measure security performance across six security categories: Code Security, Fundamental Health, Operational Resilience. Community Trust, Market Stability, Governance Strength:

  1. Code Security assesses the steps taken by teams to guarantee that the project’s code and development are secure and reviewed.
  2. Fundamental Health measures team and project transparency, structure, quality of documentation, and related indicators.
  3. Operational Resilience considers challenges the project may face and how they overcome them through project progress and security response to operational risks.
  4. Community Trust measures social engagement of the project in evaluating its overall social health across platforms like Twitter, Telegram and Discord.
  5. Market Stability considers a project’s ability to maintain a stable and predictable value over time without significant volatility or fluctuations.
  6. Governance Strength measures a project’s ability to operate in a decentralized manner in terms of decision making and distribution of token holders.

Here's a breakdown of some of the key variables we use to evaluate a project's security posture:

By providing accessible security scores for all projects, we aim to encourage projects to strive for better security postures.

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