Pendle
Yield / Vault — Yield tokenization and fixed-rate trading.
AI review
AI assessment
updated 4h ago·Claude (preview)·previewPendle is a yield / vault protocol. 5 of 16 risk feeds in the registry report on it. No incidents are recorded in the registry. No material change has been detected in the current window.
- Governance: Governance multisig 3/5 (0x8119…6ee1) holds DEFAULT_ADMIN_ROLE; vePENDLE is incentive/voting only governance
- 5 of 16 feeds report on Pendle. coverage
- No incidents recorded — an empty incident history is itself a signal. incident
AI-generated summary of facts already in this registry — not a Rails assessment, not a risk score, and not a ranking. Per the project charter, the registry never produces its own composite risk judgement. Verify every point against the linked sources below. This is an illustrative preview of a proposed feature; the content is not live.
Feeds
How feeds see it
Seen through 2 of 4 methodology lenses (rating, research). A neutral view of who is looking and how — not a risk judgement.
Pendle multisig holds upgrade rights; upgrades unprotected and frontend self-hosting requirement unmet.
Pendle PT-as-collateral risk + Exponential-Lower-Bound pricing methodology.
5-dimension AI-consensus (Pendle V2); spot-check pending.
Pendle PT / yield pools cluster around a B pool rating. Pre-migration sample.
Process Quality Review published (PQR id 601); verbatim score pending confirmation.
View sourceQuantitative on-chain risk dashboards for lending markets: liquidations, collateral health, exposure.
Vault-level risk monitoring for Morpho curators: allocation risk and curator behavior.
Institutional-grade credit-risk ratings for DeFi protocols and borrowers. Credora by RedStone; GraphQL API + on-chain attestations (EAS).
Independent risk rating for DeFi vaults; 300+ subscores across 85+ mechanisms. Open-source.
Deterministic vault risk scoring across 700+ vaults: asset quality, code maturity, governance. Open methodology (public API, CLI, MCP server).
Vault analytics and risk-adjusted yield across 50+ protocols; exploits, concentration, risk-adjusted APY. Paid structured API.
Position-management tooling: live loan-health / safety-ratio tracking and automated liquidation protection for leveraged positions.
Real-time risk scores for DeFi liquidity pools: risk metrics, TVL, APY, security grades.
DAO governance-capture risk: delegate/voting-power concentration, cost-to-attack vs. treasury value, and proposal/power-shift monitoring across major DAOs. Open-source.
Agent-based economic simulation: insolvency prevention, parameter optimization, and risk-scenario analysis for lending markets.
Edge risk oracles and economic-risk dashboards: real-time parameter automation and scenario stress for lending markets (active on Aave, GMX, Pendle).
Governance
Governance at a glance
- Governance
- DAO (multisig)
- Timelock
- 7 days (token params)
- Core contracts
- Upgradeable
- Pause capability
- Yes
Structural facts, distilled from the sourced control records below — neutral capabilities, not a risk score. Multisig threshold and signer count are fetched live via the Safe API.
| Governance | |
| Upgradeability | |
| Markets | |
| Timelock / Guardian |
Audits
| Auditor | Date | Scope | |
|---|---|---|---|
| ChainSecurity | 2022-09 | Pendle V2 Core (SY, PT, markets) | Report |
| Dedaub | 2022-07 | Pendle V2 — yield tokenization & trading | Report |
Representative public audits, attributed and linked to source — not a Rails assessment, and not a completeness or safety guarantee.