S&P Global Ratings launches on-chain lending vault risk assessment framework

According to The Block, S&P Global Ratings has launched a new risk assessment framework for on-chain lending vaults. The report states that the deposit scale in this field has reached $10 billion, up from $1.5 billion two years ago.

The framework will assess credit, liquidity, managers, blockchain, protocols, security, and governance risks, with the first batch of vault assessments to be announced soon.