What is an Onchain Credit Score?
An onchain credit score is a numerical representation of a wallet's creditworthiness, calculated entirely from blockchain data. Unlike traditional credit scores that rely on centralized databases and personal information, onchain scores are:
- Transparent - Anyone can understand how they're calculated
- Permissionless - No identity verification required
- Real-time - Updated with every new block
How Cred Protocol Calculates Scores
Our scoring model analyzes multiple factors across a wallet's history:
1. Borrowing Behavior (40% weight)
- Loan repayment history
- Liquidation events
- Debt-to-collateral ratios
- Borrowing patterns
2. Asset Management (30% weight)
- Portfolio diversification
- Asset stability
- Token holding duration
- DeFi protocol usage
3. Transaction History (20% weight)
- Account age
- Transaction volume
- Interaction with protocols
- Gas management
4. Identity Signals (10% weight)
- ENS ownership
- POAPs and attestations
- DAO participation
- Gitcoin Passport
Score Ranges
| Range | Classification | Interpretation |
|---|---|---|
| 800-1000 | Excellent | Very low risk |
| 700-799 | Very Good | Low risk |
| 600-699 | Good | Moderate risk |
| 500-599 | Fair | Higher risk |
| 300-499 | Low | Highest risk |
Use Cases
Onchain credit scores enable:
- Under-collateralized lending - Reduce collateral requirements for high-score borrowers
- Risk-based pricing - Offer better rates to creditworthy users
- Access control - Gate features based on trust level
- Insurance - Price coverage based on risk profile
Getting Your Score
You can check your Cred Score for free at credprotocol.com/score. No sign-up required—just connect your wallet!