CDPs · Review
Inter Protocol Review 2026: IST Vaults and Risks
Inter Protocol is an Agoric-based protocol for issuing IST, an over-collateralized stable token intended for Cosmos and cross-chain use. Its multi-collateral design is clear, but key details about collateral, fees, and audits are not published.
By the DappsAtlas editorial team · Updated
DappsAtlas score
4.5/10
Weak
Our verdict on Inter Protocol
4.5/10Inter Protocol may suit users looking for a collateral-backed stable token for Cosmos-focused activity. Its main strength is a straightforward premise: IST is described as over-collateralized and backed by multiple assets. The main caveat is the lack of published operating detail: collateral types, ratios, fees, liquidation rules, and audits are not stated here. Treat IST as a crypto asset with smart-contract and collateral risk, not as a guaranteed store of value, and verify the vault terms before use.
Score breakdown
How Inter Protocol scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- 5.0/10
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 Inter Protocol?
Inter Protocol is a stable-token protocol on Agoric. It issues IST, which is described as an over-collateralized, multi-collateral token intended for secure transactions in the Cosmos ecosystem and across chains. Its homepage identifies a vault interface.
The core idea is clear, but operational details are sparse: supported collateral, collateral ratios, fees, liquidation rules, and the team are not stated here. No audits are listed. Users should confirm the current vault terms before considering the protocol.
How Inter Protocol works
Inter Protocol issues IST, which it describes as an over-collateralized, multi-collateral stable token. In general, over-collateralization means the value backing a token is intended to exceed the amount issued. Using multiple types of collateral can broaden what supports issuance, but it also makes the system’s risk dependent on those assets and their prices.
The homepage identifies vaults as the protocol’s interface for collateral. Inter Protocol does not publish here the supported collateral, required ratios, liquidation rules, or the specific mechanisms used to maintain IST’s value. Those details matter: a stable-token design does not guarantee that the token will always hold its intended value.
4 features
Key features
01
IST issuance
IST is Inter Protocol’s over-collateralized stable token, designed for use in Cosmos-focused and cross-chain transactions.
02
Multi-collateral design
The protocol describes IST as backed by multiple collateral types. It does not publish the supported assets or the ratios required to issue IST.
03
Collateral vaults
The homepage identifies a vault interface. Vaults are the protocol’s stated collateral-management entry point, but detailed operating rules are not published here.
04
Cosmos ecosystem use
Inter Protocol positions IST for cross-chain transactions in the Cosmos ecosystem. Specific supported networks and transfer routes are not stated here.
Pros and cons
What we like
- A defined product focus: issuing the IST stable token.
- IST is designed to be over-collateralized rather than issued without collateral backing.
- The protocol describes a multi-collateral model and aims at Cosmos ecosystem use.
Watch out for
- Collateral types, collateral ratios, and vault conditions are not published here.
- No audits are listed for Inter Protocol.
- Fees are not published.
- The protocol’s regulatory status and team details are not stated.
Inter Protocol fees
Inter Protocol does not publish its fees here. Check the vault interface for any protocol charges before taking action, and review the network transaction cost shown in your wallet.
Is Inter Protocol safe?
No audits are listed for Inter Protocol. Its vaults and token issuance depend on smart contracts, while collateral price movements or contract failures could affect users’ funds. IST’s design goal does not guarantee a stable market price.
Inter Protocol does not state its regulatory status here. Review the current vault terms and understand the collateral and liquidation risks before committing funds.
5 steps
How to get started with Inter Protocol
- 1
Open the Inter Protocol site and review the current vault interface.
- 2
Confirm which wallet, network, and collateral assets the interface supports before connecting or transferring funds.
- 3
Read the displayed collateral requirements and any vault conditions; these details are not published here.
- 4
Check any protocol fees and wallet transaction costs before confirming an action.
- 5
Only proceed if you understand the risks of collateralized stable tokens and can afford a loss.
Who Inter Protocol is for
Inter Protocol is most relevant to users exploring collateral-backed stable tokens and Cosmos ecosystem transactions. It is a poor fit for anyone who needs clearly published collateral rules, audit information, or fee schedules before deciding whether to participate.
Inter Protocol FAQs
What is IST?
IST is an over-collateralized stable token issued by Inter Protocol. It is designed for transactions across the Cosmos ecosystem, but its exact peg mechanisms and collateral parameters are not published here.
How does Inter Protocol use collateral?
Inter Protocol describes IST as multi-collateralized, meaning it is designed to be backed by more than one type of asset. The supported assets, collateral ratios, and vault rules are not stated here.
What fees does Inter Protocol charge?
Fees are not published. Before using a vault, check the protocol interface for any charges and review the network transaction costs shown by your wallet.
Is Inter Protocol safe?
No audits are listed for Inter Protocol. Smart-contract faults, collateral price changes, or a loss of confidence in IST could put collateral or the token’s value at risk.
Which networks does Inter Protocol support?
Inter Protocol describes IST as designed for cross-chain transactions in the Cosmos ecosystem. The exact supported networks and routes are not stated here, so check the protocol interface before relying on a particular route.
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How we checked
Sources
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