Independent DeFi Vault Risk Assessment
Independent, third-party risk analysis of ERC-4626 vaults — so you can deposit, integrate, or allocate with confidence, without taking the curator’s word for it.
I help allocators, treasuries, DAOs, and protocols understand the real risk behind a vault — independently. I’m not the curator and not the protocol, so I have no incentive for the TVL to go up. Just the risk, clearly.
Who this is for
- Allocators, treasuries & DAOs about to deposit capital into a vault and needing an independent view before committing
- Protocols & chains integrating vaults that want a credible, third-party risk report to reassure their depositors
- Asset issuers (stablecoins, LSTs) assessing the markets that accept their asset as collateral
- New vaults & curators seeking external risk validation to earn depositor trust
If money is on the line — or depositors need convincing — an independent read pays for itself.
The problem I solve
Vault risk is usually assessed by the party with an interest in growing the vault.
- The curator’s own risk framework is not a neutral one
- Key parameters (concentration, oracles, caps, exit liquidity, dependencies) are buried or undisclosed
- Dashboards show yield, not what breaks it
- When markets move fast, capital is committed on partial information
The result: uncertainty, slow reactions, and risk you can’t explain to your own stakeholders.
What I do
I analyze a vault from an independent risk and data perspective, combining on-chain metrics with DeFi mechanics:
- Concentration & exposure across underlying markets
- Oracle setup and failure modes
- Supply caps, timelocks & governance surface
- Exit liquidity and behavior under stress
- Multi-protocol dependencies and contagion paths
- Curator track record and allocation discipline
Then I tell you the two things that matter: what your real risk drivers are, and what to monitor.
How to work with me
1 — Risk Scan · from ~€1,000 A focused read on a single vault: top risk drivers, concentration, oracles, exit liquidity, red flags. Delivered in 2–3 days. Best when you need a fast go/no-go before depositing.
2 — Full Risk Report · from ~€3,000 A complete, publishable assessment: every underlying market, stress scenarios, curator track record, and clear recommendations — the same depth as my public reports below. Delivered in 1–2 weeks.
3 — Ongoing Monitoring · from ~€1,500/mo Vault risk changes every week. I monitor your exposure continuously — automated alerts on concentration, caps, oracle and liquidity shifts — with a monthly review call. For allocators and protocols with live capital to protect.
What you get
- A custom Dune dashboard — usage, flows, and the key risk metrics
- A concise written risk assessment — findings, risk drivers, actionable recommendations
- A walkthrough call to align your team
- (Monitoring) continuous alerts and a monthly review
Clear, pragmatic, usable.
Why me
- Ex-Morpho Labs — Data & Operations, managing $20M+ on-chain since 2022. I know the plumbing from the inside.
- Published & independent — read my 1st public vault risk report:
- Practitioner, not commentator — I run UMYO, a live ERC-4626 vault on Base.
- Data engineer — I don’t just hand over a PDF, I can build the monitoring that keeps watching after delivery.
Get in touch
Want a clear, independent view of a vault’s risk — before you deposit, integrate, or allocate?
👉 DM me → @jorickdefraine
👉 Or book a 30-min call → Discovery Call