YieldHow safe is Ledn,
really?
Instead of a vague 'trusted' badge, we grade Ledn on five concrete, checkable criteria — each with sources. Here's exactly how it scores.
Criterion by criterion, with sources
- ✗
Regulation
Registered in the Cayman Islands — light-touch regulation. Not licensed in major jurisdictions. Source 1 → Source 2 →
- ✓
Proof-of-Reserves
Publishes monthly Merkle-tree PoR by Armanino since July 2021 — one of the first platforms to adopt this approach. Source →
- ✗
Flexible withdrawal
B2X / Growth Account have restrictions. Savings account is flexible, but fixed-term products lock for 30-180 days. Source 1 → Source 2 → Source 3 →
- ✗
Insurance Fund
No public insurance fund. Segregated custody, but no explicit insurance coverage. Source →
- ✓
Track record (2+ years incident-free)
Operating since 2018 with no hack, withdrawal freeze or loss of client funds on record, so it passes our two-year rule. Source 1 → Source 2 →
Current earn rates on Ledn
| Asset | Rate | Type |
|---|---|---|
| USDT | 5.0 % | flexible |
| USDC | 5.0 % | flexible |