Smart contract exploits used to be the biggest risk in onchain vaults. Sun Raghupathi, cofounder and CEO of Veda, says that’s no longer true, the risk has shifted to key management and governance, the layer behind incidents like KelpDAO and Drift.
He maps the full risk stack, smart contract, operational, and economic, and lays out what to actually check before trusting a vault with your money.
Host:
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- Laura Shin – Founder, CEO and Host of Unchained
Guest:
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- Sun Raghupathi – Co-Founder and CEO of Veda
This clip is from a longer conversation on onchain vaults and the SEC’s new statement on vault securities law. Full episode here.
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