Hastra

Hastra receives a C+ risk grade (36/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — real-world yield backing is a strength but single-issuer dependency on Figure and untested legal enforceability of on-chain RWA claims are significant concerns Hastra bridges institutional lending and DeFi by tokenizing exposure to Figure's $19B+ home equity loan portfolio on Solana. Users can earn yield through PRIME (backed by HELOC loan payments) or wYLDS (backed by US treasury securities). Unlike most DeFi yields that come from token emissions, Hastra's returns derive from real borrower payments. The protocol has $312M TVL and integrates with major Solana DeFi platforms like Kamino and Jupiter for composable yield strategies.

The key risks identified for Hastra are: (1) Your yield comes from homeowners making payments on home equity loans — if people stop paying or housing prices crash, your returns drop and you could lose principal (2) Everything depends on one company: Figure Technologies (NASDAQ: FIGR). If Figure faces regulatory trouble or goes bankrupt, your on-chain tokens could become unredeemable claims in a legal proceeding (3) The legal enforceability of on-chain tokens representing claims on off-chain home loans has never been tested in court — you may have fewer protections than traditional lenders

Hastra scores 36/100 across eight risk dimensions: Mechanism Novelty: 5/15, Interaction Severity: 6/20, Oracle Surface: 3/10, Documentation Gaps: 3/10, Track Record: 2/15, Scale Exposure: 5/10, Regulatory Risk: 6/10, Vitality Risk: 6/10. The highest risk area is Regulatory Risk at 6/10.

Among 72 rated RWA protocols on Hindenrank, Hastra ranks #32 by safety (lowest risk score = safest). Its 36/100 risk score and C+ grade place it in the middle tier of RWA protocols.

Hastra scores 2/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.