Risk ratings for DeFi.

APY tells you what you might earn.
Credora tells you what you might lose.

Morpho
Spark
Lido
Lista DAO
Catalysis
Lotus
Nuvolari
Morpho
What is Credora

The DeFi industry priced yield with precision for years. It priced default risk almost not at all. That asymmetry is structural. Credora exists to close it.

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108Rated Vaults
177Markets
51Assets

The entire risk stack,
rated on one scale.

Tokens, lending pairs, and vaults rated on a single A+ to D scale. 100,000 Monte Carlo simulations per market. The same quantitative methodology used in institutional structured credit analysis, applied to onchain markets for the first time.

Standard Methodologies

Every Credora rating framework is publicly documented. What is measured, why, and what the output means. The underlying algorithm is proprietary. The methodology is open.

Unified Rating Scale

Compare risk across protocols, asset types, and vaults on a single A+ to D scale. Apples-to-apples, for the first time.

Institutional entry point

For institutional allocators The question is not whether DeFi yields are attractive. The question is whether there is a risk framework you can document and defend. Credora's methodology maps to the same probability-of-default curves used in traditional credit analysis. A+ to D. Calibrated on 30+ years of credit data.

Risk assessment, in action.

Independent vault ratings, updated as conditions change.

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Transparent risk attracts
durable capital.

Rated vaults on Lending Markets have demonstrated stickier TVL than unrated vaults. Independent ratings give protocols the trust factor their users value. Our independence is not declared. It is structural.