Veda launches Console to manage risk across onchain Earn vaults. Veda launches Console, a unified platform for managing performance, risk and operations across embedded onchain Earn products used by fintechs and exchanges. By Arun Shakyawar September 29, 2026 Updated:September 29, 2026 No Comments 4 Mins Read Veda is expanding beyond the infrastructure used to launch onchain yield vaults with a new platform designed to help fintechs operate them as the products grow larger and more complex. The company launched Veda Console, a unified interface for managing vaults, analyzing performance, monitoring risk and controlling operations across different assets, protocols and blockchains. The platform is available to existing Veda partners and curators and will be included with new Veda-powered Earn programs, according to an announcement shared with AlexaBlockchain. The move addresses an emerging problem in embedded finance: launching an onchain Earn product is becoming easier, but managing one across multiple strategies, assets and networks is becoming harder. Veda itself recently mentioned enterprise Earn products as requiring a stack of yield sources, integrations, blockchains, risk controls and transaction infrastructure behind the consumer interface. Kraken shows how quickly Earn infrastructure can scale. Kraken provides Veda's clearest example of that transition. The exchange launched DeFi Earn in January using Veda vaults that route customer funds into onchain lending markets. The initial product centered on USDC and offered three vaults with different risk profiles across Ethereum and Kraken's Ink network. By June, Kraken's Veda-powered vaults had surpassed $400 million in deposits from more than 65,000 users, after crossing $100 million in March. Veda's current Kraken case study puts deposits above $800 million and lifetime vault users above 120,000. The product has also moved beyond stablecoins. Kraken added Bitcoin Earn in May and in September introduced Veda-powered vaults for tokenized SPY, QQQ and Nvidia shares on Solana, using Kamino as a liquidity source and Sentora to curate strategies. That progression - from one asset class to stablecoins, Bitcoin and tokenized equities across several networks - helps explain why operational software is becoming a separate infrastructure category. Console adds an operating layer above the vault. Console gives operators a consolidated view of vault performance, allocations and depositor behavior. Strategists can also simulate allocation changes before signing them, allowing teams to inspect the expected result and transaction trace before capital is moved. The platform does not independently custody or move customer assets, according to Veda. Operations remain constrained by permissions encoded in its vault contracts. Its underlying infrastructure uses onchain permissions to restrict strategy actions to approved contracts, functions and parameters. "As embedded Earn gains more traction through Fintechs, neobanks and traditional finance companies, the infrastructure to launch a vault is only one part of what teams need," CEO and co-founder Sun Raghupathi said. "They also need the tools to understand performance, manage risk, and make informed decisions as their products scale." Kraken is already using Console internally. "The Veda Console has become the daily workspace to be able to understand how Kraken Earn is performing," Kraken product executive Marcel Ongemach said, adding that the software has helped the exchange track performance and user behavior as the product expanded to three asset types and approached $1 billion in deposits. Competition is moving beyond vault deployment. Veda is not alone in trying to turn DeFi infrastructure into something fintechs can embed behind familiar interfaces. Morpho has become one of the strongest examples. Coinbase routes customers into Morpho lending vaults curated by Steakhouse Financial. Coinbase said this month that its USDC Earn product had reached nearly $500 million in supply, while Morpho says Coinbase's two lending vaults now hold more than $500 million. Morpho's broader network has also moved deeper into embedded financial infrastructure. It recently launched an Earn Kit for fintechs on Circle's Arc network, while the protocol reported $13 billion in peak deposits during 2025 and integrations with Coinbase, Crypto.com, Gemini, Bitget and other platforms. Euler is pursuing a similar model through EulerEarn. Its vault framework lets curators define approved strategies, allocation caps and withdrawal queues, while operators can simulate reallocations before submitting transactions - functions that overlap with part of the operational problem Console is targeting. Veda's differentiation is therefore shifting from simply providing vault contracts to providing the control layer around them. As exchanges, wallets and fintechs increasingly hide DeFi complexity behind conventional Earn products, the competitive battleground is moving toward risk monitoring, analytics, permissions and portfolio operations. Console is Veda's attempt to make that layer part of the same infrastructure stack that launches the vault in the first place. Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here. Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at [email protected]. More AlexaBlockchain. September 29, 2026 September 28, 2026 September 24, 2026 September 23, 2026 September 20, 2026

Veda CEO discusses challenges of DeFi insurance amid growing interest. August 8, 2026 Crypto Briefing general Negative Veda CEO has addressed the mounting challenges facing DeFi insurance protocols at a time when growing institutional interest in decentralized finance is colliding with the sector's largely untested risk coverage infrastructure, raising critical questions about whether current DeFi insurance solutions can meet the demands of sophisticated investors. Unlike traditional insurance markets backed by centuries of actuarial data and regulatory oversight, DeFi insurance protocols must price and cover novel smart contract risks, oracle failures, and exploit events without historical precedent, creating significant uncertainty around claims reliability and payout capacity. This conversation is particularly timely as DeFi total value locked continues to grow and institutional players, including hedge funds and asset managers exploring ETH-based yield strategies, evaluate decentralized finance as a viable portfolio component. The untested nature of DeFi insurance payouts poses a systemic trust problem: a single high-profile claim denial or protocol insolvency event could undermine confidence across the entire sector and slow the institutional DeFi adoption that projects like Veda are counting on. Smart contract insurance, DeFi risk management, and decentralized coverage protocols are becoming increasingly important search topics among crypto investors as the space matures and capital at risk escalates. Analysts and DeFi stakeholders will be watching whether the Veda platform and competing insurance protocols like Nexus Mutual and Sherlock can develop credible, scalable coverage models before a major uninsured exploit tests the limits of investor confidence. The untested nature of DeFi insurance poses significant risks, potentially hindering institutional adoption and undermining user trust. Veda CEO discusses challenges of DeFi insurance amid growing interest.