Network Score
The Network Score evaluates an operator's position within the broader EigenLayer ecosystem. It contributes 15% to the overall Risk Score and provides context that raw metrics alone can't capture --- an operator's size and distribution look very different depending on how they compare to the rest of the network.
How It's Calculated
Network Score = (Size Percentile x 0.70) + (Distribution Quality x 0.30)
| Component | Weight | What It Measures |
|---|---|---|
| Size Percentile | 70% | TVS ranking relative to other operators |
| Distribution Quality | 30% | How well delegation is spread across delegators |
Size Percentile (70%)
Measures where the operator falls in the network's TVS (Total Value Secured) distribution. Operators are compared against two benchmarks: the network median and the 90th percentile.
| Operator Position | Size Percentile |
|---|---|
| Top 10% (above P90) | 90--100 |
| Above median | 50--90 |
| At median | 50 |
| Below median | 0--50 |
Operators in the top 10% score 90 or above. Those below the network median score below 50, scaling proportionally down to 0.
What this means for you: Larger operators generally have more stake backing their security guarantees, which reflects broader market confidence. However, size alone doesn't tell the whole story --- that's why distribution quality matters too.
Distribution Quality (30%)
Uses the same HHI (Herfindahl-Hirschman Index) methodology as the Economic Score's delegation concentration to assess how evenly the operator's delegation is spread.
| Delegation Pattern | HHI | Score |
|---|---|---|
| Many small delegators | 0.00 | 100 |
| Moderately concentrated | 0.25 | 75 |
| Highly concentrated | 0.50 | 50 |
| Single delegator | 1.00 | 0 |
Why this appears in both scores: Delegation distribution is important enough to factor into two different assessments. In the Economic Score, it captures single-delegator withdrawal risk. In the Network Score, it captures whether the operator's network position is genuinely broad-based or artificially inflated by a few large wallets.
Example
An operator with:
- TVS above P90 (top 10% of network) --- Size Percentile = 93
- HHI = 0.20 --- Distribution Quality = 80
Network Score = (93 x 0.70) + (80 x 0.30)
= 65.1 + 24.0
= 89.1
A strong Network Score, reflecting a large operator with reasonably well-distributed delegation.
Default Values
When network data is insufficient (e.g., very few operators registered), the Size Percentile defaults to 50 (neutral). If HHI data is unavailable, it defaults to 0.5 (moderately concentrated).