Unchained: Why Smart Contract Risk Isn't the Real Threat to Vaults Anymore


📝 Quick Summary

Source: Youtube Unchained Podcast

Type: Video

Published: August 09, 2026 at 10:05 PM (about 4 hours ago)

Video Description

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:
Laura Shin, Founder, CEO and Host of Unchained - https://x.com/laurashin

Guest:
Sun Raghupathi - Co-Founder and CEO of Veda - https://x.com/sunandr_

This clip is from a longer conversation on onchain vaults and the SEC's new statement on vault securities law. Full episode here: https://youtu.be/xqb-2g6OqtE
We go live twice every week - subscribe to catch it live.

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