Methodology · v1.0

How Auralis rates assets.

A plain-language explanation of the seven dimensions, the composite score, and why every rating is reproducible.

The seven dimensions.

Auralis rates assets on seven dimensions. Each is scored 0–100; higher means more risk in that dimension. The composite is a weighted aggregate.

Asset

The underlying real-world or on-chain exposure — its quality, cash-flow stability, and structure.

Issuer

The legal and operational entity that issues or operates the asset. Track record, audits, and regulatory standing.

Liquidity

Primary and secondary depth, exit costs at size, and behaviour during recent stress windows.

Peg

For stable-class exposure, observed deviation distribution over rolling windows. Tighter is better.

Oracle

Price-feed quality, source diversity, and update cadence. Single-source feeds score lower.

Smart-contract

Audits, time-since-deploy, formal verification, and historical incident record.

Concentration

Holder concentration and counterparty graph depth. Higher concentration penalised.

Composite score.

The seven dimensions roll up into a single 0–100 score and a letter grade from AAA to C. Bands are anchored to historical drawdown distributions and re-calibrated yearly.

AAA

0–10

11–25

26–40

BBB

41–55

56–70

71–85

86–100

Versioned & reproducible.

Every rating is hashed alongside its input snapshot and methodology version. The hash is anchored on Mantle. Anyone can recompute the rating from the inputs and verify the match.

Compliance methodology.

Eligibility verdicts are formed from issuer terms, jurisdiction restrictions, and applicable transfer rules. Auralis provides compliance tooling and risk information, not legal advice.