Tydro

Tydro receives a B- risk grade (31/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — battle-tested Aave v3 codebase and Kraken backing provide strong fundamentals, balanced by Ink L2 infrastructure maturity and short operational track record. Tydro is a white-label Aave v3 lending protocol deployed on Kraken's Ink L2 blockchain, offering overcollateralized borrowing and lending with battle-tested infrastructure. With $381M in TVL and backed by Kraken, its B grade reflects the strong foundation of Aave v3 code offset by the relative immaturity of the Ink L2 chain and less than one year of operational history.

The key risks identified for Tydro are: (1) Tydro runs on Kraken's Ink L2, which has a centralized sequencer. If the sequencer goes offline during a market crash, you may be unable to manage your positions while liquidations could still be triggered. (2) The protocol is less than a year old. While it uses the well-audited Aave v3 codebase, the specific deployment on Ink has a shorter track record. (3) INK token incentives attract depositors, but this capital may leave quickly once rewards end, potentially causing liquidity instability.

Tydro scores 31/100 across eight risk dimensions: Mechanism Novelty: 0/15, Interaction Severity: 5/20, Oracle Surface: 2/10, Documentation Gaps: 2/10, Track Record: 6/15, Scale Exposure: 5/10, Regulatory Risk: 5/10, Vitality Risk: 6/10. The highest risk area is Vitality Risk at 6/10.

Among 90 rated Lending protocols on Hindenrank, Tydro ranks #26 by safety (lowest risk score = safest). Its 31/100 risk score and B- grade place it among the safer Lending protocols.

Tydro scores 6/15 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.