Plasma Saving Vaults

Plasma Saving Vaults receives a C risk grade (46/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — audited vault infrastructure but reflexive TVL dynamics from token sale and delegated strategy control raise concerns Plasma Saving Vaults let you deposit stablecoins that get automatically invested across DeFi lending protocols through Veda's vault infrastructure to earn yield. The vaults initially attracted billions in deposits due to the ability to earn XPL token allocation. Multiple audits by Spearbit, Zellic, and others provide security assurance, but the protocol carries risks from delegated strategy management and upcoming token unlocks.

The key risks identified for Plasma Saving Vaults are: (1) You hand control of your stablecoins to vault operators who decide where to invest — you cannot choose or veto specific strategies (2) Much of the vault's TVL came from people wanting XPL tokens, not yield — when those tokens unlock in July 2026, a mass exit could hurt remaining depositors (3) If any DeFi protocol the vault invests in gets hacked, your deposits could be partially or fully lost

Plasma Saving Vaults scores 46/100 across eight risk dimensions: Mechanism Novelty: 6/15, Interaction Severity: 10/20, Oracle Surface: 3/10, Documentation Gaps: 3/10, Track Record: 5/15, Scale Exposure: 7/10, Regulatory Risk: 4/10, Vitality Risk: 8/10. The highest risk area is Vitality Risk at 8/10.

Among 112 rated Yield protocols on Hindenrank, Plasma Saving Vaults ranks #104 by safety (lowest risk score = safest). Its 46/100 risk score and C grade place it among the riskier Yield protocols.

Plasma Saving Vaults scores 5/15 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.