sDOLA
SDOLA
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SDOLA (sDOLA) is the yield-bearing staked receipt token for Inverse Finance's DOLA stablecoin. The Community Support section had insufficient data (-1.0) and was excluded, with its weight redistributed across remaining sections. Active Development scored 7.0/10 due to ongoing governance execution, and Tokenomics scored 6.5/10 for its organic FiRM revenue model. Market and Use Case (5.0/10) and Team and Governance (5.0/10) were limited by thin trading liquidity and pseudonymous management. Security and Audit History scored 3.5/10 due to an unresolved exploit: 'Per the Hypernative write-up (published 2026-06-30), the attacker targeted a pricing mechanism that relied on live vault exchange rate data with no smoothing or safeguards: a large flashloan was used to swap real collateral (sDOLA) in borrowers' positions for crvUSD, the sDOLA vault was drained, and funds were then briefly donated back to artificially inflate the reported price while the vault was nearly empty.' Because this qualifying red-flag event occurred and remains unaddressed in the retrieved data, the overall score is capped at 5.0.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About sDOLA (SDOLA)
SDOLA (sDOLA) is the yield-bearing staked receipt token for Inverse Finance's synthetic stablecoin, DOLA, deployed on the Ethereum blockchain. Built as an ERC-4626 vault wrapper, sDOLA is minted when users deposit DOLA into the DolaSavings system without asset rehypothecation. Staking yield is funded through organic protocol revenue generated by Inverse Finance's FiRM lending market rather than token emissions, and withdrawals from the vault are subject to a seven-day delay dynamic.
Protocol maintenance and integrations are managed through Inverse Finance governance proposals, including liquidity maintenance on Balancer and Curve/LlamaLend markets. Governance actions have also modified token infrastructure, such as shutting down cross-chain CCIP lanes in 2026. The token's core contracts were audited by yAudit in January 2024. Market adoption remains limited, with the token maintaining a market capitalization of approximately $12.4 million to $13.2 million alongside low 24-hour trading volume.
In June 2026, the DolaSavings and sDOLA vault infrastructure experienced a security exploit. An attacker utilized flashloans to manipulate an unsmoothed live exchange-rate pricing mechanism, draining the sDOLA vault and swapping borrowers' sDOLA collateral for crvUSD before artificially inflating the reported price through temporary donations. This incident wiped out the majority of affected borrower positions. Available records do not specify the total financial loss amount or document subsequent remediation measures.