All articles(25)
EtherFi weETH Risk Assessment | Credora A+ Rating
weETH carries an A+ rating from Credora, with an annualised Probability of Default (PD) of 0.098%. It is the largest liquid restaking token ...
Independent Morpho vault risk ratings for DeFi vault curators: the KPK case
DeFi vault curators describe their positioning in qualitative terms. Conservative. Blue-chip focused. Strict on liquidity. But they are unve...
DeFi operational security: the risk dimension that ratings haven’t measured
Standard DeFi risk ratings leave one category unmeasured: DeFi operational security. Market and smart contract risk both draw from establish...
How Credora rates a DeFi vault: inside the methodology
Credora rates DeFi lending markets by starting with onchain data, running 100,000 Monte Carlo simulations per market across five independent...
DeFi portfolio risk: how to compare protocols on a single scale
Managing DeFi portfolio risk across multiple protocols requires something DeFi does not naturally produce: a common unit of comparison. With...
After the Rating: What Happened to Spark Savings USDT Vault
In March 2026, Credora published an independent PSL (Probability of Significant Loss) rating for the Spark Savings USDT vault. This case stu...
Stablecoin risk assessment: what allocators measure beyond the peg
A stablecoin’s peg history is the most visible risk signal and the least sufficient one. A maintained peg means the token has not failed yet...
What is PSL? How Credora measures DeFi risk
APY tells you how much a vault pays when conditions are stable. Probability of Significant Loss (PSL) tells you how often, under historical ...
Oracle design and DeFi risk: lessons from the USDe depeg
In October 2025, USDe traded as low as $0.65 on Binance during what became the largest liquidation event in DeFi history. In lending protoco...