LRT · BR · $0.5B TVL. Bedrock is a multi-asset liquid restaking protocol spanning ETH, BTC, and other collateral through its uniETH and uniBTC products. Breadth is its pitch; the screen reads that breadth as risk surface that its audit and track record do not yet cover.
Solvency screens at B. Sub-1x fee coverage, a 12% unlock schedule, and a 50% drawdown place it in the weakest solvency cohort. The 5/10 risk score is the lowest among LRTs here — multi-asset restaking multiplies the number of bridges, custody arrangements, and slashing regimes the protocol depends on simultaneously.
Legitimacy screens at BB with the thinnest inputs in the cohort: 6/10 across audits, team visibility, and delivery. Nothing suggests bad faith; the record is simply shallower than peers holding comparable user funds.
Growth screens at B: 7% share, -40% TVL, weak momentum. The multi-asset thesis has not produced differentiated inflows.
Composite B. Widest risk surface, thinnest verification, in the screen's most deflated category. A full rating would prioritize proof-of-reserves across every asset line before scoring anything else.
"A chain is as strong as its weakest link." The conservative composite takes the weakest dimension and inherits any notching cap, so a single structural weakness cannot be diluted by strength elsewhere.
