D5
Governance & Upgradeability
Admin key concentration, timelock coverage, upgrade mechanisms, and Maximum Extractable Value by Admin (MEVA).
Weight 10%78% confidence
55
Moderate
info
How This Score Is Built
Admin key concentration, timelock coverage, upgrade mechanisms, and Maximum Extractable Value by Admin (MEVA).
+23Strong positive
+12Positive
+5Slight positive
−15Strong negative
−8Negative
−3Slight negative
Scoring Tree
BRI Formula
300 + 700 × ∏(Dᵢ/100)^wᵢ
784
Current BRI
D5Governance & Upgradeability
Weight 10%
55
(55/100)^0.1 = 0.9420
Contributing Factors
+14Team multisig with no formal timelock on config changes
+14GMX token governance is limited
+14Market parameter changes can be immediate
+14Some decentralization via Arbitrum governance
Score Composition
+14
Team multisig with no formal timelock on config changes
+14
GMX token governance is limited
+14
Market parameter changes can be immediate
+14
Some decentralization via Arbitrum governance
Evidence Chain (2 files)
GitHub APIMay 17, 2026, 06:58 PM
open_in_newGitHub (/)sha256:d88d8686a85a...
BlackHart AnalysisMay 4, 2026, 08:00 PM
open_in_newGovernance & Upgradeability — Source Codesha256:8bda97e3aaf7...
Score History
No dimension-level score changes recorded yet.
Methodology: 2.1Formula: 1.1Weights: 1.1