Cred Protocol

Model release notes

Cred Protocol is continually ingesting on-chain data to train and test our credit models. This page contains the main highlights of each model version update.


The Cred Score model now has coverage of borrowing behaviour on Radiant v1 on Arbitrum


17 March 2023
The Cred Score model has been updated to greater reward borrowers that have made multiple regular repayments on their loans. This change underlines our commitment to incentivise and reward borrowers who are active custodians of creditworthiness


9 March 2023
The Cred Score model now has coverage of borrowing behaviour on Liquity


2 March 2023
The Score model now has complete coverage of borrowing behaviour across all chains for Aave v3 (Arbitrum, Avalanche, Fantom, Optimism, Polygon & Ethereum)


22 February 2023
The Score is now informed by borrowing history on the recently launched Aave V3 on Ethereum. In addition, the score now also assesses the liquidity of tokens in a wallet.
A more conservative approach has been taken to users with limited or no borrowing history resulting in a ~25 point decline in the Cred Score.


14 February 2023
The latest upgrade to our crypto credit score model, now features support for MakerDAO protocol.
As one of the earliest and most prominent protocols in the cryptocurrency space, we recognise its significance in shaping the industry. With this addition, our credit scoring system will ingest data from MakerDAO, Aave V2, Compound V2 and Teller V2, providing a more comprehensive score. We are excited to continue advancing our technology to better serve the crypto community.


10 February 2023
The latest model considers limited- or no- borrowing history more conservatively resulting in ~25 point decline in Cred Score. Informed by transaction and borrowing activity associated with capital-efficient and under-collateralized lending, the consequence of loan "default" now has an even greater effect on creditworthiness.


3 January 2023
Enhanced evaluation of loan liquidations, delinquencies and defaults, resulting in lower scores for accounts associated with these events.


16 December 2022
Update in model parameters to slightly boost the Cred scores of those with strong lending history and significantly reduce scores of those with limited lending history and/or sequential liquidations.
Fix on errors for accounts with both Aave V2 Ethereum and Teller V2 Ethereum / Polygon history.


2 December 2022
Inclusion of new features related to the quality of tokens within the wallet.
A tweak in how we assess accounts with no borrowing history. The new model places more emphasis on previous borrowing history and so those accounts without borrowing history have seen their scores fall 10-14%.


8 November 2022
Significant upgrades to the universal feature set which is greatly expanded to improve wallet creditworthiness evaluation and increase accuracy. The model now takes into account attributes covering a wide variety of factors.


9 September 2022
Merging of the previous multi-track model into the universal Cred Score model which retains the strong predictive power for borrowing-related outcomes but also capitalizes on the flexibility offered by the universal feature set.


7 July 2022
Initial multi-track model with distinct scoring mechanisms for accounts with and without borrowing history. Accounts with no borrowing history are evaluated based on "universal features" covering on-chain activity of interest. Accounts with borrowing history are evaluated by a model with strong predictive power for borrowing-related outcomes (methodology and predictive proof).