Risk Curators · Review
ActiveBlock Analitica Review 2026: Risk Team Behind Sky
Block Analitica is a Singapore-based risk advisory and analytics firm that has supported Sky (formerly MakerDAO) since 2019. It sells dashboards, modeling and consulting to DeFi lending protocols rather than a product retail users trade with.
By the DappsAtlas editorial team · Updated
DappsAtlas score
7.2/10
Good
Our verdict on Block Analitica
7.2/10Block Analitica suits DeFi protocol teams, DAOs and researchers who want outside risk analysis, dashboards and stress testing. Its main strength is a long association with Sky and MakerDAO, backed by public dashboards and research. The main caveat is limited published detail on methodology, pricing and audits, so retail users should treat it as one input, not a guarantee of safety.
Score breakdown
How Block Analitica scores
- Security
- 6.5/10
- Ease of use
- 7.0/10
- Fees
- n/a
- Features
- 7.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Block Analitica?
Block Analitica is a risk advisory and analytics company for DeFi protocols. The homepage says it was established in 2019 and describes itself as the risk team behind the Sky ecosystem, formerly MakerDAO. The listed office is BA Labs Pte. Ltd. in Singapore.
Its services fall into three groups: custom dashboards and analytics, risk monitoring and advisory, and modeling and simulations. It has built tools for Sky, Spark and others, and publishes research on Substack.
On DefiLlama it is listed under Risk Curators since May 2025, with roughly 9.1 million USD in TVL across Ethereum, Base, Arbitrum and Sonic. It has no token and no audits listed. This is a service provider, not a trading venue or yield product.
How Block Analitica works
Block Analitica acts as an outside risk team for DeFi protocols, mainly lending. It tracks collateral quality, market conditions and protocol health, and turns that into dashboards and recommendations.
In practice that covers asset onboarding, such as whether a token should be accepted as collateral, and parameter setting, such as limits and risk settings. It also runs stress tests and simulations to see how a protocol might behave in a sharp market move.
DefiLlama files it under Risk Curators. The decisions are usually made by the protocol or its governance, with Block Analitica supplying analysis and tooling.
6 features
Key features
01
Custom dashboards and analytics
Interfaces that surface protocol health, risk parameters and governance-critical data for DeFi teams.
02
Risk monitoring and advisory
Support with asset onboarding, parameter setting and rapid response when markets shift.
03
Modeling and simulations
Stress tests and tools that evaluate risk before it becomes a problem.
04
Public research
Research, simulation insights and protocol risk updates are published on its Substack.
05
Live risk dashboards
Live dashboards are advertised on the site for DeFi risk teams and the wider community.
06
Sky ecosystem experience
Support for Sky, Spark and other protocols, active since 2019 per the homepage.
Pros and cons
What we like
- Long track record claimed: supporting Sky and MakerDAO since 2019
- Clear service scope covering dashboards, monitoring and simulations
- Public dashboards and Substack research add transparency
- No token, so no extra token risk or incentives conflict
- Present on several chains: Ethereum, Base, Arbitrum and Sonic
Watch out for
- No token and no audits listed on DefiLlama, so there is little independent verification of its work
- Risk models, methodology and track record on parameter calls are not detailed on the homepage
- Heavy dependence on the Sky ecosystem, which is its best-known client
- Pricing for consulting and custom dashboards is not published
- Users of curated protocols must trust a third-party team's judgement, which can be wrong in fast markets
Block Analitica fees
Block Analitica does not publish fees. It is a consulting and tooling business, so pricing is presumably agreed per engagement through its contact channel.
DefiLlama lists no token and no audits. Anyone using a protocol that Block Analitica advises would pay that protocol's own fees, which are set separately.
Is Block Analitica safe?
There are no audits listed on DefiLlama. As a service firm it does not appear to custody user funds directly, but the project does not describe its role in any vaults or contracts, so readers should check how it is involved in any product they use.
Counterparty risk comes from relying on its judgement. Risk advice can be wrong, and outcomes depend on how the protocol's governance applies it. Public sources mention no incidents or regulatory status. It operates through a Singapore entity.
5 steps
How to get started with Block Analitica
- 1
Read the homepage to see the services: dashboards, risk monitoring and modeling.
- 2
Open the live dashboards to see the kind of risk data it publishes.
- 3
Subscribe to its Substack for research and risk updates.
- 4
If you run a protocol, use the Let's talk form or the listed email to ask about a custom engagement.
- 5
Check the risk framework of any Sky or Spark-related product you use, since Block Analitica is involved there.
Who Block Analitica is for
Block Analitica is for DeFi lending protocols, stablecoin teams and DAOs that need risk modeling, monitoring and custom analytics. It is also useful to researchers and users who want to follow Sky ecosystem risk data. It is not a product for traders looking for swaps or yield.
Block Analitica FAQs
What is Block Analitica?
Block Analitica is a risk intelligence firm for DeFi. It builds dashboards, monitors protocol health and advises on risk parameters and asset onboarding. Its homepage says it has been the risk team behind Sky since 2019.
Which protocols does Block Analitica work with?
The homepage says it supports Sky, formerly MakerDAO, and has built risk tools and dashboards for Sky, Spark and others. DefiLlama describes it as the risk team behind the DAI (USDS) stablecoin.
Does Block Analitica have a token?
No. DefiLlama lists no token for Block Analitica, and none is mentioned on the homepage.
What does the TVL figure mean?
DefiLlama lists it under Risk Curators with about 9.1 million USD in TVL across Base, Ethereum, Arbitrum and Sonic. That figure reflects assets tied to its curation, and the project does not say how it is calculated beyond that. It is not a fund you deposit into by default.
How can I work with Block Analitica?
Block Analitica is an advisory business, so the main route is the contact form or email on its site. The project does not publish pricing or terms of engagement. Its dashboards and Substack research appear to be public.
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How we checked
Sources
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