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Every protocol here carries a dated score and the share of it backed by independently verified evidence. Where that share is still thin the assessment says so, is marked Low-signal rather than given a risk band, and holds every unevidenced category at the neutral midpoint instead of assuming it safe. Every score and its reasoning are free to read; the underlying dependency, incident and audit records are part of a plan. Each reading here is fixed at the date beside it. Re-scoring never stops, but a changed reading reaches plan holders on the day it changes rather than this page, which is what a plan is for. How a score is built, how to read one, and how the rubric was tested against real exploits are all in the methodology.

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Scores run from 0, the safest reading, to 100, the riskiest, where 50 is the neutral midpoint every unverified category is held at. Red marks a protocol scoring 50 or above, the band called Elevated: worse than neutral on the evidence gathered. Amber marks one below it, called Moderate. The boundary is fixed. It does not move as coverage grows, and it is not fitted to any backtest result.

xALGO Liquid Staking

xALGO Liquid Staking official site N/A

Algorand

:

  • Evidence: this reading is based on 100% of the scored weight, verified against named sources. Categories without verified data are held at the neutral midpoint at their full weight, never counted as safe.
  • Validation: the rubric is backtested against past exploits of protocols in the same TVL, age and category bucket. None has been evaluated for this one yet, so the reading rests on its evidence alone.

Published 2026-09-23, unchanged since. Subscribers are told the day it changes.

Why this rating
Audit profile13.0
1 audit on record, most recent audit is over 2 years old; the most recent audit found 0 High and 2 Medium severity issues. This reflects code quality at the time of that audit only, not a claim that these specific issues are still unresolved today.
Code characteristics9.0
Admin key: multisig, upgradeable without a meaningful timelock, open source.
Governance attack surface7.5
Top 10 holders control 94.93%, adjusted figure may still include pooled custody (untagged exchanges, infrastructure contracts) due to tagging coverage limits; exclusions require positive identification.
Dependency risk3.8
No bridge or oracle dependencies on record, composable with 1 other protocol. The xALGO consensus application (App ID 1134695678, contracts/xalgo/consensus.py per Coinspect's own August 2024 audit scope) has no price-oracle dependency: xALGO's mint/burn exchange rate is computed directly from the ALGO balances of the protocol's own registered proposer accounts (Coinspect's report, section 4: 'get_proposers_algo_balance', rewards = balance in excess of deposited capital), not from any external price feed.
Show the evidenceThis is a liquid-staking accounting mechanism, not a price oracle, so oracles is recorded empty. No bridge dependency: xALGO is an Algorand-native application with no cross-chain messaging or asset transfer in its core mint/burn/consensus logic (DefiLlama's own chains listing for this protocol names Algorand only), and Coinspect's audit scope and assessment describe no bridge component.
TVL profile3.5
TVL change (14%) is within a stable range.
Historical incidents2.3
No known own or inherited incidents as of 23 September 2026.
Team factors1.7
Doxxed team, track record: unknown.
Protocol age1.5
1178 days live, past the ~1yr floor; treated the same as any older protocol, not scored progressively safer with more age.
Bug bounty1.2
Has a bug bounty program, up to $200 000, hosted on Immunefi.
Dependencies (2)

Available with a plan. See pricing.

Incident history (0)

Available with a plan. See pricing.

Audit history (1)

Available with a plan. See pricing.

Common questions about xALGO Liquid Staking

Foreshock's independent reading of xALGO Liquid Staking is Moderate risk, 43.5 out of 100, as of 23 September 2026. The largest single contributor to that reading is audit profile: 1 audit on record, most recent audit is over 2 years old; the most recent audit found 0 High and 2 Medium severity issues. This reflects code quality at the time of that audit only, not a claim that these specific issues are still unresolved today. All nine scored categories are backed by verified evidence. This published reading is fixed at that date. Re-scoring never stops, and when a reading changes it reaches plan holders on the day it changes rather than this page. Foreshock publishes the reading and the reasoning behind it. It is not a verdict on whether to use this protocol, and it is not investment advice.

Is xALGO Liquid Staking safe?
Foreshock does not answer that as a yes or a no. Its independent reading of xALGO Liquid Staking is Moderate risk, 43.5 out of 100, as of 23 September 2026, led by audit profile: 1 audit on record, most recent audit is over 2 years old; the most recent audit found 0 High and 2 Medium severity issues. This reflects code quality at the time of that audit only, not a claim that these specific issues are still unresolved today. The score and the reasoning are published in full so the reading can be checked rather than trusted.
Has xALGO Liquid Staking been audited?
1 audit on record, most recent audit is over 2 years old; the most recent audit found 0 High and 2 Medium severity issues. This reflects code quality at the time of that audit only, not a claim that these specific issues are still unresolved today. An audit describes the code at the time it was reviewed. It is not a statement that the protocol is safe today.
Who controls xALGO Liquid Staking?
Admin key: multisig, upgradeable without a meaningful timelock, open source. Top 10 holders control 94.93%, adjusted figure may still include pooled custody (untagged exchanges, infrastructure contracts) due to tagging coverage limits; exclusions require positive identification.
Has xALGO Liquid Staking been exploited before?
No known own or inherited incidents as of 23 September 2026. Foreshock records an incident against a protocol whether it originated there or was inherited from something it depends on.
When was this xALGO Liquid Staking assessment last updated?
23 September 2026, and that date does not move on its own. A reading published here is fixed when it is published; re-scoring never stops, and a changed reading reaches plan holders on the day it changes rather than this page. Every category carries the date of the evidence behind it.
Also covered

This assessment follows Foreshock's published methodology. Exact category weights, scoring rules, thresholds, and aggregation logic are proprietary and not shown here. How to interpret this assessment

This reading will change.

This reading is fixed at the date above it, and it stays there. We keep re-scoring xALGO Liquid Staking as the evidence moves, a new audit, a changed admin control, an incident, and this page is free to read and always will be. The updated reading is what a plan buys: you are told by email on the day it changes, instead of finding out the next time you happen to look.

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