Is Edgevana Safe?
Risk Grade: B- (28/100)
Edgevana is rated as moderate risk — some novel mechanisms, generally well-understood.
Lower risk — solid infrastructure-backed LST with battle-tested code, but thin liquidity and single-provider validator concentration are notable limitations
Edgevana is a Solana liquid staking protocol that lets you stake SOL and receive edgeSOL, a token that earns staking rewards while staying usable in DeFi. It is powered by Edgevana, a Solana infrastructure provider, and delegates to top validators on their hardware. The protocol charges some of the lowest fees in Solana staking and uses the battle-tested SPL Stake Pool program (audited 9 times). Its B grade reflects solid underlying infrastructure with manageable risks.
TVL
$73M
Mechanisms
4
Interactions
3
Value Grade
D-
Key Risks for Edgevana Users
edgeSOL has less trading liquidity than major Solana LSTs like JitoSOL — in a market crash, edgeSOL could drop below its fair value more severely
All validators in the pool run on Edgevana's servers — if Edgevana has an outage, all validators go down together unlike more diversified pools
No governance token means you have no say in how the protocol operates or which validators are included
Top Risk Factors
- •edgeSOL liquidity is thinner than major LSTs (JitoSOL, mSOL) — depeg risk during market stress is amplified for mid-tier LSTs
- •Infrastructure provider concentration — edgeSOL delegates to validators running on Edgevana hardware, creating infrastructure correlation risk
- •No native governance token means depositors have no voice in protocol parameter changes or validator selection criteria
Risk Score Breakdown
Edgevana's highest risk area is Vitality Risk (8/10). Here's how each dimension contributes to the overall 28/100 score:
Read the Full Edgevana Risk Report
This protocol has 2 collapse scenarios. 1 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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