Defisafety

Organization Name – Defisafety

Category – Security & Identity

DeFiSafety, founded in 2020 and headquartered in Montreal, Canada, is an independent DeFi security ratings organization that evaluates the safety and process quality of decentralized protocols. Instea…d of auditing only smart contract code, DeFiSafety reviews the entire operational lifecycle of a project—documentation, testing practices, governance structure, admin controls, and overall transparency—so users, investors and institutions can perform credible DeFi due diligence.

DeFiSafety’s assessment model is built on its publicly documented Process Quality Review (PQR) methodology. These reviews are transparent, replicable, and—unlike traditional audits—not paid for by project teams, reinforcing independence and trust. The PQR framework focuses on six core criteria: • Smart contract & team transparency • Code documentation • Testing quality and coverage • Audit and bounty frequency • Admin control clarity • Oracle design & implementation

Each PQR produces a quantitative score visible on DeFiSafety’s website, where 70% and above is considered a passing rating. Their review data shows a strong relationship between good process standards and protocol safety: PQR scores above 80% correlate to a 97% incident-free record since mid-2020—an important signal in an industry where operational failures frequently precede exploits.

Every aspect of the methodology, from scoring matrices to traceability guides, is publicly available so anyone can understand how DeFiSafety evaluates projects and what a high score represents. The organization also offers chain reviews, pre-audit assessments, certifiable badges for protocols, scoring breakdowns, and detailed evaluation of developer practices and administrative governance.

Together, these elements make DeFiSafety one of the most cited resources for DeFi safety reviews, process maturity scoring, and long-term risk evaluation across Web3.

What is DeFiSafety? DeFiSafety is an independent DeFi security ratings organization that evaluates blockchain protocols using its transparent Process Quality Review (PQR) methodology. It focuses on operational excellence—documentation, testing, governance and security practices—rather than performing smart contract audits.

How does DeFiSafety’s methodology work? The PQR framework scores protocols across six major categories: transparency, documentation, test coverage, audit and bounty history, admin control design, and oracle implementation. These reviews are publicly documented so anyone can replicate or verify the evaluation.

What does a DeFiSafety score mean? A DeFiSafety score reflects how well a protocol follows best practices that correlate with safer long-term operation. Scores above 70% pass the PQR, and historical data shows that protocols scoring above 80% have maintained a 97% incident-free record since 2020.

Is DeFiSafety the same as a smart contract audit? No. Smart contract audits search for code vulnerabilities. DeFiSafety evaluates process quality: how a project builds, tests, documents, governs and maintains its system over time. The two approaches are complementary.

Who uses DeFiSafety reviews? DeFi users, institutions, risk teams, and insurance platforms use DeFiSafety scores as part of their due diligence when assessing whether a protocol meets their safety and governance standards.

What kind of services does DeFiSafety offer? In addition to PQR scores, DeFiSafety provides chain reviews, pre-audit assessments, certifiable badges, scoring matrices, and detailed explanations of development and governance practices for Web3 protocols.

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