Chaos Labs supports the proposed AAcA Framework and believes its introduction will improve the efficiency of the asset onboarding process.
In particular, we emphasize that assets within an approved class must still undergo considerable analysis to determine their individual eligibility for onboarding. Some approved categories, such as yield-bearing stablecoins and bridging assets, often feature assets with unique or non-standardized risks and operating mechanisms. These assets should be evaluated on a case-by-case basis, even if they fall within an approved class or share overlapping mechanisms with previously approved assets. This requirement ensures that each asset’s distinct risk profile is preliminarily assessed to determine its onboarding potential and whether it warrants further review by the risk service provider.