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Ruggability - know the risks before it's too late

Motivation

The combined factors of anonymity, 6+ figures of cash and transaction finality provide unprecedented incentives for scammers of all sorts to run away with your money. There's therefore no surprise that every week we witness new massive rug pulls.

This website is an attempt to uncover the different centralization and permission threats that exist in different Web3 projects. Armed with knowledge, investors and speculators can choose where to pour their funds fully understanding the risks involved.

Format

Each project will be described using several metrics:

  1. Anonymity - are key project members anonymous?
  2. Contract upgradeability - How easily can the project "change the rules" by upgrading proxy contracts
  3. Asset risk - are special addresses permitted to handle user's assets?
  4. Multisig - Is the owner address a multisig smart wallet? Only applicable to dangerous operations
  5. Timelock - Is there a lock time period before any dangerous protocol operation?
  6. Additional - Threats not handled by the above metrics go here. For example, for stablecoins, is the backing strategy adequate? What are possible pitfalls?

Disclaimer

Users are 100% responsible for any use of the information contained on this website. We do not guarantee any of the provided information is correct, up-to-date, or reliable. DYOR.

Contribution

Any contribution to the Ruggability database is more than welcome. Please open an ISSUE or a PULL REQUEST here and we'll make sure to include it and add your name to the contributors list.

The Ruggability Database

OpenSea - Leading NFT marketplace

Anonymous No
Contract upgradeability No
Asset risk No
Multisig N/A
Timelock N/A
Additional Owner can pause marketplace

Holograph - Globally unique NFT platform

Anonymous Yes
Contract upgradeability Yes. Can attach new addresses to the Holograph entry point
Asset risk Owner can forge any bridging in message from another chain, by changing the registered Layer Zero approved sender.
Multisig No
Timelock No
Additional

The Graph ETH <-> Arbitrum GRT token bridge

Anonymous No
Contract upgradeability Yes. Can attach new addresses to the Holograph entry point
Asset risk Governor can approve bridge tokens held in escrow to any address.
Multisig On chain governance
Timelock -
Additional

Iron Bank - Lending platform

Anonymous Yes
Contract upgradeability Unitroller (key logic contract) and vaults can be upgraded
Asset risk Vaults can be upgraded with multisig, no timelock
Multisig Yes
Timelock 2 Days. No timelock for emptying reserve
Additional

Fringe Finance - Lending platform

Anonymous Yes
Contract upgradeability Yes
Asset risk Yes
Multisig No
Timelock 7 days for upgrades by ProxyAdmin
Additional Normal admin can add new project token, fake high value using rogue oracle, use it as collateral to steal entire vault.

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Bringing to light rugging risks of Web3 projects

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