Defisafety

Organization Name – Defisafety

Category – Security & Identity

About

powered by irmaAI

DeFiSafety, founded in 2020 and headquartered in Montreal, Canada, is an independent organization that assesses the security and protocol quality of DeFi projects through transparent Process Quality R…eviews (PQRs). Their purpose is to provide clear, unbiased ratings that reflect how well protocols adhere to best practices in smart contract development, documentation, testing, security measures, and administrative controls—unlike traditional audits, DeFiSafety’s reviews are public, replicable, and not paid for by project teams . The PQR methodology includes six core criteria: smart contracts & team transparency, code documentation, test coverage, audit and bounty frequency, admin control clarity, and oracle implementation. Scores are quantitative, visible on their website, and a passing rating is 70% or higher .

Their reviews have shown strong correlation with protocol safety: over 80% PQR results correspond to a 97% incident-free record since mid-2020 . DeFiSafety publishes its full process documentation publicly, including traceability methodology and review matrices, ensuring transparency and reproducibility . The organization also offers chain reviews, pre-audit reports, certifiable badges for protocols, and detailed breakdowns of their scoring system, including grading of developer practices, testing rigour, and administrative structure Read More