HAI Group Launches Crypto Industry's First Probability of Loss Metric
Date: 2025-12-18 Author: Gabriel Deangelo Categories: BUSINESS
HAI Group, the company behind Hacken, announced the launch of a pilot version of the CORE.3 platform—the industry's first open Probability of Loss (PoL) system for assessing project losses. The demo version already includes a ranking of 50 blockchain projects with assigned PoL scores.
According to HAI Group representatives, the digital asset market has faced the challenge of lacking a unified risk assessment system. Until now, industry participants have relied on disparate indicators such as community sentiment, investor composition, or total value locked (TVL). However, this data does not provide a holistic understanding of risk.
The company notes that a number of major crypto projects have collapsed not due to hacks, but rather due to management errors or administrative shortcomings. According to Hacken, such incidents cost the industry $2 billion by 2025. This factor is slowing institutional adoption of crypto assets, where strict risk assessment models such as S&P, Moody's, and Fitch ratings are common.
CORE.3 fills this gap by offering a standardized system that meets global regulatory requirements and enables the integration of crypto risks into corporate governance models.
The PoL metric evaluates over 100 parameters, including security, transparency, operational maturity, and liquidity. It calculates risk as a combination of the probability of an adverse event and the severity of its consequences, making PoL similar to credit ratings in traditional finance. Security Risks carries the largest weight among the metric categories, accounting for 35% of the overall score. However, PoL is not an investment recommendation or a legal rating.
HAI Group CEO Dima Budorin emphasized that PoL provides the industry with a benchmark for increasing market transparency and predictability, replacing fragmentation with uniformity. The key is not just the presence of a PoL, but the project teams' efforts to improve security and transparency.
CORE.3 is being built as an independent global infrastructure with open access and transparency principles. The demo allows users to familiarize themselves with the PoL logic and understand how risk drivers are assessed.
Key platform features:
- Unified risk presentation: standardized categories of security, finance, operations, reputation, and regulation for 50 projects.
- Dynamic data updates: projects can provide up-to-date, verified information.
- Regulatory compliance: the methodology takes into account global regulators' requirements for transparency and market integrity.
- Proof-of-Opinion (PoO): a qualitative expert assessment based on the PoL that does not affect the final risk assessment.
The HAI Group team emphasizes that PoL is a self-regulatory tool and a roadmap for projects, enabling them to demonstrate progress in risk management and provide regulators with a clear assessment mechanism.
