Deposit Scale Reaches $10 Billion in Two Years, S&P Global Ratings Launches Onchain Lending Vault Risk Assessment Framework

Odaily News: S&P Global Ratings has launched a risk assessment framework for onchain lending vaults, a sector that has now reached $10 billion in deposits, up from $1.5 billion two years ago. The framework will assess credit, liquidity, vault manager, blockchain, protocol, security, and governance risks, with the first batch of vault assessments to follow.