
$34.0 billion in TVL tracked across 92 vault protocols, and risk ratings are moving in next to the yields. @TradingProtocol now shows Xerberus ratings on their vault rankings: 24 protocols carry a Dendrogram score from 0 to 100 so far, including Aave, Morpho, Ethena, Spark and Euler. Vault risk is the question we built that score for. More coverage to come.

