Redstone Unveils Defi Risk Ratings Weeks After $20b Crypto Market...
RedStone expands beyond price oracles with Credora, integrating risk analytics across DeFi protocols Morpho and Spark.
Modular oracle network RedStone launched Credora, a decentralized finance (DeFi)-native risk ratings platform aiming to bring transparency and credit analytics to lending protocols.
RedStone said on Thursday that it had expanded beyond price feeds into the broader domain of credit, collateral and risk intelligence through its Credora acquisition in September.
At launch, Credora by RedStone integrates with DeFi lending markets Morpho and Sparks to offer dynamic risk scores and default-probability analytics, accessible through an API.
RedStone co-founder Marcin Kaźmierczak said the launch marked a pivotal step toward the “Low-Risk DeFi” movement, which aims to strike a balance between yield generation and verifiable, data-driven transparency.
The move positions RedStone as one of several blockchain oracle providers moving beyond raw data delivery toward integrated risk analytics.
On Oct. 14, S&P Global Ratings and Chainlink partnered to provide onchain stablecoin risk profiles for traditional finance players looking to expand or enter the stablecoin market. The two organizations will provide onchain access to stablecoin stability assessments, which rate each stablecoin by how well it maintains its peg.
In addition to stablecoin risk profiles, the US government has also recently tapped oracle providers Chainlink and Pyth to boost transparency on economic data. This makes analyzing economic risk factors more accessible.
Blockchain security firm Hacken also moved into providing services aimed at DeFi risk. On Thursday, the company announced the launch of Yield Audits, a service that helps prove the security, sustainability and dependency resilience of stablecoins, real-world assets (RWAs) and DeFi yields.
Hacken said its Yield Audits aim to become the “missing credit-rating equivalent” for crypto yield. The company said the service includes three core stages, which include security and infrastructure, financial sustainability and dependency and systemic risk.
Source: CoinTelegraph
