Radiant

Radiant Risk Monitoring and Alerting Platform

Omer Goldberg

Cover Image for Radiant Risk Monitoring and Alerting Platform

Introduction

Chaos Labs is thrilled to announce the launch of the Radiant Risk Monitoring and Alerting platform. This advanced system provides comprehensive analytics and observability, offering the Radiant community a gateway to abundant data and risk intelligence associated with the protocol, all under one unified platform.

The platform is designed to give users a more profound understanding of the Radiant protocol's overall risk profile and health across all chains. This will support high-level decision-making processes by delivering critical data on assets spread across various chains, thereby equipping users with the necessary information to make strategic and informed decisions. Moreover, the platform promises to provide fine-tuned insights into Radiant usage patterns, trends, and real-time data analysis.

Below is a written tutorial walking through the platform. If you prefer a video tutorial, please view the following recording.

Platform Deep Dive

Overview Page

The main section of the Risk Monitoring and Alerting platform provides high-level metrics aggregated across Radiant V2, including total supply, total borrow, TVL, the sum of collateral at risk of liquidation, and more.

Radiant Overview Page

The Supply and Borrow dominance charts display, for each chain, the relative amount of supply and borrow on Radiant V2 from the chain TVL. This is a high-level indication of market share and enables the differentiation between protocol net growth and chain growth.

Radiant Per-Chain Supply and Borrow Dominance Charts

The chains breakdown table consolidates per-chain top-level data, including risk and growth indicators.

Radiant Per-Chain Breakdown

Markets

The Markets page shows aggregated details for each asset, enabling a detailed understanding of the protocol exposure to any asset across all chains. Specifically, the Collateral at Risk and Wallets at Risk columns aggregate data from positions with low health values that are approaching liquidation. The table can be filtered and exported to CSV as needed.

Radiant Markets Overview

Clicking any asset in this table opens the Asset Detail view. This page consolidates all information about the asset, including price, borrow and supply status, APYs, and collateral at risk - all with their 24h trend to surface changes.

The detailed view allows users to observe and search for any wallet holding the asset. This is useful for drilling into accounts to see how they interact with Radiant.
The Total Supply and Total Borrow charts show the amount of supply (earning) and borrowing of the borrowed assets over time.

Users can also see the Collateral at Risk for the specified asset. This shows us the value to be liquidated (in USD) if prices deviate up or down.

We can also observe a histogram of borrowers’ health, bucketed by their respective health scores.

The Recent Events table consolidates all events that occurred in this market and can be filtered to show only specific event types.

Wallets

The wallets page presents a comprehensive table that showcases all positions within the Radiant V3 protocol. Users can conveniently search for specific wallet addresses or leverage the advanced filtering functionality to filter wallets by liquidation risk level, chain, supply, or borrow assets.

By selecting a specific row in the wallets page, users will be directed to the wallet detail page

The Wallet detail page displays all supply and borrows positions for this account across all chains and borrows markets. Additionally, the wallet detail page shows reward tokens and recent events to get a detailed history for the selected wallet.

Liquidations

The liquidations page presents aggregated metadata on protocol liquidations from all chains and borrows markets, spanning 7, 30, and 90-day time frames. By default, data from all chains are displayed in aggregate. Users can filter and view results for specific chains or assets using the Filter button.

Moreover, the page displays daily observed liquidation events and a table displaying relevant liquidation events.

Users can select a specific liquidation event, which will direct them to the Wallet Detail page of the corresponding account for a more detailed analysis.
The table aggregates all Recent Liquidation events.

Risk Explorer

The Risk Explorer allows users to explore different risk scenarios by simulating the effect of token price changes across the protocol. Users can simulate price changes of several assets across all chains and see the impact on the protocol as a whole and for each individual chain.

The Wallets at Risk of Liquidation table displays a per-wallet breakdown of the simulated change, surfacing wallets that will have low health close to or are eligible for liquidation.

Alerts

The alerts tab offers real-time notifications on Radiant V2 protocol activity. Each alert links to the corresponding account detail or asset detail pages.

Users can subscribe to these alerts by clicking on the Join Telegram Channel and receive updates directly on Telegram.

Summary

Launching the Radiant Risk Monitoring and Alerting platform is an exciting milestone in collaborating with the Radiant community. We hope this tool empowers the community to make well-informed decisions and promotes visibility over the risk and health of the Radiant protocol across all chains.

Our platform is constantly evolving and growing to meet our users' needs. We invite the Radiant community to explore the platform and provide your feedback.

Don't hesitate to get in touch with us on Twitter or via this form if you have any questions or comments.