496 protocols examined.
Eight approved.
Ketju is a research terminal for financial advisors covering DeFi and on-chain finance: versioned verdicts with kill criteria, chain and asset grading, live venue monitoring, and 21 rejections published with their reasons. Analytics gives you numbers. Research gives you verdicts.
Start the 14-day trial Read a sample memo →The terminal
The Register
43 versioned vetting memos — verdict, sleeve cap, thesis, and the kill criteria that would revoke it. Superseded memos record their errors; nothing is edited away. Your due-diligence file, already written.
The Board
Live venues across the approved universe — yields, withdrawable liquidity, sovereignty grades, exit-risk flags. Updated hourly. The high rate is the warning, and the Board says so.
Ketju Digest
Weekly: what moved, what fired, which verdicts changed, which reviews come due. Written to be forwarded.
Proposal Engine
Mandate and sleeve size in, client-ready allocation memo out — a sentence for every dollar, exclusions explained, immutable record kept. Private beta.
Client education
Plain-English explainers you can hand to clients — what DeFi is, why the highest yield is a warning, who can freeze what.
Sample memos, unlocked
| Maple Finance | Rejected | 2026-07-30 · v1 |
| Aave v3 | Approved · limits | 2026-07-31 · v2 |
| USD.AI (sUSDai) | Rejected | 2026-07-31 · v1 |
The Maple memo is the product in miniature: a 5% yield that screens as a premium, revealed as uncollateralised credit whose lenders once took an 80% loss.