Risk Curators · Review
ActiveAnthias Labs Review 2026: DeFi Risk Advisory and Monitoring
Anthias Labs is a boutique on-chain advisory firm that provides DeFi risk management, monitoring and research for protocols. It is a service provider, not a product retail users deposit into, and its public research and open-source tools are the main evidence of its work.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Anthias Labs
Anthias Labs suits DeFi protocols and developers who want specialist risk advice, monitoring and simulation tooling, and readers who follow DeFi risk research. Its strengths are a clear focus and public research and open-source work that can be inspected. The caveat is limited disclosure: no pricing, no audits listed and no named team or measurable client results. It is not a place for retail deposits.
Score breakdown
How Anthias Labs scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- 6.5/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Anthias Labs?
Anthias Labs describes itself as a boutique on-chain advisory firm focused on DeFi risk management and system design. Its homepage tagline is Mission-Critical Risk Partners. DefiLlama lists it in the Risk Curators category on Base, with roughly $8.6 million in TVL and a listing date of May 2026.
The firm works with a handful of clients at a time. It says it has helped clients through asset depeggings, liquidation cascades and flash crashes. Its offering is split into advisory, monitoring, research and open-source work.
It is not a consumer product. Most readers will evaluate it as a service provider to protocols, or as a source of research and developer tools. No token is listed and DefiLlama shows no audits.
How Anthias Labs works
Anthias Labs sells risk expertise to DeFi protocols. A protocol such as a lending market or AMM faces risks like collateral price crashes, depegged assets and cascading liquidations. The firm advises on parameters and design so the protocol can better withstand those events.
It also builds monitoring for each partner. The systems track how healthy individual positions are, how correlated positions are, how much bad debt exists, how much collateral could be liquidated, and whether enough liquidity exists to sell that collateral without heavy slippage.
Research and open-source tools support this work. Papers such as the Liquip Score describe methods for estimating liquidation risk, while tools like Arbiter and Arena let developers simulate contract behavior and LP strategies before deploying changes.
6 features
Key features
01
Risk advisory
Boutique advisory on DeFi risk management and system design for a handful of clients at a time. The firm says it has helped clients through depegs, liquidation cascades and flash crashes.
02
Protocol monitoring
Monitoring systems built for protocol partners. They track factors such as position health scores, position correlation matrices, protocol bad debt, collateral at risk of liquidation and swap capacity under slippage.
03
Liquidation probability scoring
The Anthias Liquip Score estimates the probability of liquidation for borrowers and introduces a Days Until Liquidation concept.
04
Public research
Published papers cover AMM liquidity provider volatility exposure, liquidation risk and designs for corruption-resistant operator networks.
05
Simulation tooling
Arbiter offers fine-grained control of a Rust EVM for simulating contract interactions. Arena provides an event-driven runtime for LP strategy simulation.
06
Solana developer CLI
Flare is a command line tool for Solana developers, built with support from the Solana Foundation.
Pros and cons
What we like
- Clear focus on DeFi risk management, including depegs, liquidation cascades and flash crashes.
- Monitoring covers concrete metrics such as bad debt, position correlation and collateral at risk.
- Public research papers allow outsiders to inspect its methods.
- Open-source tools include Arbiter, Arena and Flare, the last built with support from the Solana Foundation.
- Limiting itself to a few clients suggests focused engagements.
Watch out for
- No audits are listed on DefiLlama, and the project does not describe any formal assurance process for the firm's own tooling.
- Fees, pricing and engagement terms are not published.
- Only a handful of clients are served at a time, so access is limited.
- The DefiLlama listing is recent (May 2026), so on-chain track record under this listing is short.
- Its homepage names no team members and gives no client results in numbers, so claims cannot be checked from public sources.
Anthias Labs fees
Anthias Labs does not publish fees or pricing. Services appear to be bespoke engagements with protocol clients, so terms would be agreed directly with the firm.
Retail users do not pay fees to Anthias Labs, because public sources describe no user-facing product. The open-source tools are described as available on its Github.
Is Anthias Labs safe?
Anthias Labs is an advisory firm, so the main risk is service quality rather than custody. The project does not say it holds user funds. The DefiLlama TVL figure of about $8.6 million is listed on Base, but the project does not explain what it represents.
DefiLlama lists no audits and public sources mention no incidents, regulatory licenses or insurance. Clients and developers should review the public code and research themselves and run their own checks before relying on any tool in production.
6 steps
How to get started with Anthias Labs
- 1
Read the homepage overview to see whether your protocol fits the advisory, monitoring or research offerings.
- 2
Review the public research papers to judge the firm's methods, such as the Liquip Score.
- 3
Browse the open-source repositories on Github to evaluate code quality and fit for your stack.
- 4
Check the client list on the homepage for relevant experience with protocols like yours.
- 5
Contact the firm through its official site or its Twitter account to discuss scope and terms.
- 6
Developers can try the open-source tools Arbiter, Arena or Flare directly.
Who Anthias Labs is for
Protocol teams, DAOs and developers who need help with risk parameters, liquidation monitoring or LP simulation will find the most value. Researchers and builders can also use its public papers and open-source tools. Everyday users looking for yield or trading should look elsewhere.
Anthias Labs FAQs
What is Anthias Labs?
Anthias Labs is a boutique on-chain advisory firm focused on DeFi risk management and system design. It works with a small number of protocol clients at a time on risk infrastructure, monitoring and research.
Can I deposit money into Anthias Labs?
No. It is listed on DefiLlama in the Risk Curators category, but public sources describe an advisory and tooling business for protocols. They do not describe a vault or pool for individual users.
Does Anthias Labs have a token?
DefiLlama shows no token for Anthias Labs. Its homepage does not mention one.
What research has Anthias Labs published?
The homepage lists Liquidity Providers Taking Position of Volatility, the Anthias Liquip Score on liquidation probability, and a framework for corruption-resistant operator networks. The site links to more research.
What open-source tools does it offer?
The homepage highlights Arbiter, a Rust EVM tool for stateful smart-contract interactions, Arena, an LP simulation runtime, and Flare, a command line interface for Solana developers built with support from the Solana Foundation.
Which chain is Anthias Labs listed on?
DefiLlama lists Base as the chain and shows about $8.6 million in TVL as of public data. The project does not explain how that TVL relates to the firm's services.
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How we checked
Sources
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