Percentages marked “~” or “≈” on this page are approximate external references or illustrations, not measurements of our track. Measurements are labelled “measured” with a date; all percentages show two decimals.

The checklist

The stablecoin holder's risk checklist (10 checks, 10 minutes)

Ten honest questions to ask about your own stables. Work through them in 10 minutes — or let our 60-second snapshot do it (no wallet, no email). Not investment advice.

1

Do you actually hold the keys?

If it sits on an exchange, they control it, not you. Test a small withdrawal.
2

Are you concentrated in one issuer?

One USDx being your whole balance is one break condition away from a bad day.
3

Do you know each stablecoin’s break condition?

Fiat-backed vs algo vs LST-collateralised fail in different ways. Know which you hold.
4

Are any of your stables idle at 0.00%?

Idle money is a silent cost. Even a safe 4.89% (estimated annualised equivalent over 121 days, ACT/365 Fixed on valuation dates; start valuation time not recorded, not a forecast) is real over a year.
5

Have you checked your token approvals?

Unlimited allowances are the most common drain vector. Revoke stale ones.
6

Do you know your exit liquidity?

A big position can move its own exit price. Book value ≠ exit value.
7

Are you being paid for a hidden tail?

Yield far above ~3.40% is compensation for a risk. What is it?
8

Can you react to a depeg in time?

Depegs happen in hours (USDC 2023). Do you monitor, or find out from a headline?
9

Do you understand the bridge/wrap risk?

A wrapped or bridged stable adds a second smart-contract risk on top of the issuer.
10

Can you verify the numbers you’re shown?

If a yield or a track can’t be re-derived, treat it as a claim, not a fact.

Don't want to do it manually? Our 60-second snapshot asks these for you and gives an honest, personalized result — no wallet, no email.

Take the snapshot →

Why these checks

Each item is a real way to lose money on "safe" stables: custody, concentration, the peg mechanism, idleness, approvals, exit liquidity, a hidden tail, depeg speed, bridges, and unverifiability. We built the whole desk around MEASURING these — and REFUSING when a yield is just compensation for them.

The refusal log → Our honest frame →

FAQ

How do I check if my stablecoins are safe?

Work through a short list: who holds the keys, issuer concentration, each coin’s break condition, idle yield, token approvals, exit liquidity, whether the yield hides a tail, depeg reaction time, bridge/wrap risk, and whether the numbers are verifiable. Our free 60-second snapshot turns that into a personalized result with no wallet connection.

What is the biggest hidden risk for stablecoin holders?

Two compete: token approvals (unlimited allowances that let a malicious contract drain a wallet) and custody concentration (all your stables on one exchange or in one issuer). Both are avoidable once you look.

Want an honest look at your own stables — with no promised returns?

60-second snapshot → The three honest tiers →