@areennima2
A behavioral and narrative risk framework evaluates how market perception amplifies technical issues into capital flight. It studies token holder concentration, community sophistication, media sensitivity, and past sentiment reactions to minor incidents. The core question is whether confidence collapses faster than fixes can be deployed. Protocols with opaque communication, hype-driven user bases, or aggressive yield marketing are seen as more vulnerable to bank-run dynamics after exploits. Risk pricing reflects not just loss size, but loss of legitimacy and long-term capital access.