Reputation Scores Are Now Live
Reputation Scores help users navigate onchain yields. Our scores provide more transparency and clarity on each vault's track record, underlying asset quality, and chain security. Now available in both the vaults.fyi app and API.
The vaults.fyi Reputation Score, a composite score designed to bring more transparency and clarity to onchain yields, is now live in the vaults.fyi app and API.
This score provides users another tool to help make informed decisions about DeFi yield vaults.
What is the Reputation Score?
The Reputation Score is a comprehensive metric that evaluates a vault's track record, history of its underlying protocol, and security of its underlying networks and tokens. It is designed to give users an easy-to-understand measure of a vault's reliability based on objective criteria.
What the Reputation Score is NOT
It is NOT a risk score. It is NOT financial advice. It does NOT take into account smart contract audits or subjective criteria.
Where to Find the Reputation Score
- In the vaults.fyi app
- Users can now see the Reputation Score directly on vault pages in the app, providing quick insights as they browse different vaults.
- Via the vaults.fyi API
- For developers and advanced users, the Reputation Score is fully accessible through our API. Our Reputation Score data can be integrated directly into third party tools, analyses, and platforms.
Our Methodology
We are advocates for transparency in onchain finance. Our Reputation Score is built on a clear methodology that considers multiple dimensions of a vault's performance and integrity. These dimensions are:
| Dimension | Weight | What it aims to measure | Source |
|---|---|---|---|
| Protocol Lindyness | 40% | How Lindy is this Protocol? | Riemann sum of TVL held in protocol contracts since deployment. |
| Pool Lindyness | 20% | How Lindy is this Pool? | Riemann sum of TVL held in specified vault contract since deployment. |
| Community Adoption | 15% | How many holders does this vault have? | Count of active holders of vault token. |
| Underlying Token Rating | 12.5% | What is the risk assessment of the underlying token? | Asset rating from Credora: ratings.credora.network |
| Underlying Network Security | 12.5% | What is the security of the underlying chain? | Stage from L2Beat: l2beat.com |
For more on our thinking behind this methodology, please refer to our previous blog post: Beyond APY: The vaults.fyi Reputation Score.
What’s Next
We will soon be rolling out the Reputation Score to more vaults in our app, aiming to cover all of the 500+ vaults across more than 10 networks and >50 protocols on vaults.fyi.
In coming months, we will explore adding more features related to Reputation Scores, such as filtering on scores in the Discover page of our app.
Get in touch with us on X at @vaultsfyi.
