Veda Protocol
YieldActive

Veda Protocol

Powers Kraken DeFi Earn, ether.fi, and Lombard. $3.5B routed and nobody can name them.

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Brief

$3.5B+ TVL. BoringVault is the most widely used vault standard. The connective tissue between tokenized assets and lending markets.

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Snapshot

Key terms and identifiers.

Asset classes
Private credit, Treasuries
Token standards
erc-20, eip-4626
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Connections

Who they build with, build on, integrate with.

Tension

Direct competition or overlapping market position.