Hastra

Hastra receives a B- risk grade (33/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — real-world yield backing and expanding collateral diversification (HELOCs + auto loans) are strengths, but heavy Figure concentration and untested legal enforceability of on-chain RWA claims remain significant concerns Hastra bridges institutional lending and DeFi by tokenizing exposure to Figure's $19B+ home equity loan portfolio and Agora Data's auto loans on Solana and Ethereum. Users can earn yield through PRIME (backed by HELOC and auto 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 ~$330M 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 HELOC payments and auto loan borrowers — if people stop paying or housing/auto markets crash, your returns drop and you could lose principal (2) Everything depends heavily on Figure Technologies (NASDAQ: FIGR) as the primary originator. If Figure faces regulatory trouble or goes bankrupt, your on-chain tokens could become unredeemable claims in a legal proceeding. Agora Data auto loans provide partial diversification but Figure remains dominant (3) The legal enforceability of on-chain tokens representing claims on off-chain home loans and auto loans has never been tested in court — you may have fewer protections than traditional lenders

Hastra scores 33/100 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: 3/10. The highest risk area is Regulatory Risk at 6/10.

Among 73 rated RWA protocols on Hindenrank, Hastra ranks #19 by safety (lowest risk score = safest). Its 33/100 risk score and B- grade place it among the safer 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.