“DeFi Gets Graded”: Bringing Ratings to Decentralized Finance
Welcome to the era of DeFiGetsGraded , where DeFi protocols are now receiving standardized credit ratings for the first time. S&P Global has issued its inaugural rating, awarding Sky Protocol a B-, marking a milestone in bridging DeFi with traditional finance institutions.
Complementing this, Binance’s new grading tool gives DeFi platforms a score from 1–100, evaluating risks like insolvency and depositor safety.
These developments aim to add clarity and transparency to DeFi, helping both retail and institutional users assess risk more effectively. While some worry that centralized ratings may compromise DeFi’s core principles, many see this as a necessary step to broaden trust and adoption.
In a space driven by “DYOR” (Do Your Own Research), grades offer a common framework for comparing projects—though they should complement, not replace, your deep due diligence.