diff --git a/rate-providers/API3RateProvider.md b/rate-providers/API3RateProvider.md
index 4eb0aad..a0fb57d 100644
--- a/rate-providers/API3RateProvider.md
+++ b/rate-providers/API3RateProvider.md
@@ -7,6 +7,7 @@
     - [mode:0x97e0E416dA48a0592E6ea8ac0dfD26D410Ba5C22](https://modescan.io/address/0x97e0E416dA48a0592E6ea8ac0dfD26D410Ba5C22/contract/34443/code)
     - [mode:0xE91237236Bab7b39CA5CEE86F339a18C6C91F25c](https://explorer.mode.network/address/0xE91237236Bab7b39CA5CEE86F339a18C6C91F25c?tab=contract)
     - [fraxtal:0x08e12d1a6d0F47518f05b009Bb4A24113D82f33d](https://fraxscan.com/address/0x08e12d1a6d0F47518f05b009Bb4A24113D82f33d#readContract)
+    - [mode:0x6Ad582604472DAdB4Af7B955388cAc6aDD6D511B](https://explorer.mode.network/address/0x6Ad582604472DAdB4Af7B955388cAc6aDD6D511B?tab=read_contract)
 - Audit report(s):
     - [API3 audits](https://dapi-docs.api3.org/reference/dapis/understand/security.html)
 
diff --git a/rate-providers/registry.json b/rate-providers/registry.json
index 83d880c..090b164 100644
--- a/rate-providers/registry.json
+++ b/rate-providers/registry.json
@@ -434,6 +434,24 @@
       "warnings": [],
       "factory": "",
       "upgradeableComponents": []
+    },
+    "0x4d494eF5CB1143991F7F767567aD7f55bCfDc279": {
+      "asset": "0x7751E2F4b8ae93EF6B79d86419d42FE3295A4559",
+      "name": "ERC4626RateProvider",
+      "summary": "safe",
+      "review": "./wUSDLPaxosRateProvider.md",
+      "warnings": [],
+      "factory": "0xe548a29631f9e49830be8edc22d407b2d2915f31",
+      "upgradeableComponents": [
+        {
+          "entrypoint": "0x7751E2F4b8ae93EF6B79d86419d42FE3295A4559",
+          "implementationReviewed": "0x2954C85E7e2B841d0e9A9fdcC09Dac1274057D71"
+        },
+        {
+          "entrypoint": "0x7F850b0aB1988Dd17B69aC564c1E2857949e4dEe",
+          "implementationReviewed": "0xF393cf22308C3B0dE868ec125834A9F065C11CeC"
+        }
+      ]
     }
   },
   "avalanche": {
@@ -1708,6 +1726,15 @@
       "factory": "",
       "upgradeableComponents": []
     },
+    "0x6Ad582604472DAdB4Af7B955388cAc6aDD6D511B": {
+      "asset": "0x5A7a183B6B44Dc4EC2E3d2eF43F98C5152b1d76d",
+      "name": "Api3AggregatorAdaptor",
+      "summary": "safe",
+      "review": "./API3RateProvider.md",
+      "warnings": [],
+      "factory": "",
+      "upgradeableComponents": []
+    },
     "0xac8fae65008cbb22a27103160452418aa3c84128": {
       "asset": "0x0022228a2cc5E7eF0274A7Baa600d44da5aB5776",
       "name": "ERC4626RateProvider",
diff --git a/rate-providers/wUSDLPaxosRateProvider.md b/rate-providers/wUSDLPaxosRateProvider.md
new file mode 100644
index 0000000..7c374a7
--- /dev/null
+++ b/rate-providers/wUSDLPaxosRateProvider.md
@@ -0,0 +1,62 @@
+# Rate Provider: `ERC4626RateProvider`
+
+## Details
+- Reviewed by: @mkflow27
+- Checked by: @danielmkm
+- Deployed at:
+    - [arbitrum:0x4d494eF5CB1143991F7F767567aD7f55bCfDc279](https://arbiscan.io/address/0x4d494eF5CB1143991F7F767567aD7f55bCfDc279#code)
+- Audit report(s):
+    - [USDL audits](https://github.com/paxosglobal/ybs-contract/blob/master/audits/REP-final-20240301T145234Z.pdf)
+
+## Context
+USDL is a yield-bearing stablecoin that safely distributes yield generated by its cash and cash equivalent reserve assets.
+
+## Review Checklist: Bare Minimum Compatibility
+Each of the items below represents an absolute requirement for the Rate Provider. If any of these is unchecked, the Rate Provider is unfit to use.
+
+- [x] Implements the [`IRateProvider`](https://github.com/balancer/balancer-v2-monorepo/blob/bc3b3fee6e13e01d2efe610ed8118fdb74dfc1f2/pkg/interfaces/contracts/pool-utils/IRateProvider.sol) interface.
+- [x] `getRate` returns an 18-decimal fixed point number (i.e., 1 == 1e18) regardless of underlying token decimals.
+
+## Review Checklist: Common Findings
+Each of the items below represents a common red flag found in Rate Provider contracts.
+
+If none of these is checked, then this might be a pretty great Rate Provider! If any of these is checked, we must thoroughly elaborate on the conditions that lead to the potential issue. Decision points are not binary; a Rate Provider can be safe despite these boxes being checked. A check simply indicates that thorough vetting is required in a specific area, and this vetting should be used to inform a holistic analysis of the Rate Provider.
+
+### Administrative Privileges
+- [ ] The Rate Provider is upgradeable (e.g., via a proxy architecture or an `onlyOwner` function that updates the price source address).
+
+- [x] Some other portion of the price pipeline is upgradeable (e.g., the token itself, an oracle, or some piece of a larger system that tracks the price).
+    - upgradeable component: `wYBSV1` ([arbitrum:0x7751E2F4b8ae93EF6B79d86419d42FE3295A4559](https://arbiscan.io/address/0x7751E2F4b8ae93EF6B79d86419d42FE3295A4559#readProxyContract))
+    - admin address: [arbitrum:0x501aDc5DfBf329175F9C8f036B523cc720d0F9e5](https://arbiscan.io/address/0x501aDc5DfBf329175F9C8f036B523cc720d0F9e5#code)
+    - admin type: multisig
+        - multisig threshold/signers: 3/20
+
+    - upgradeable component: `YBSV1` ([arbitrum:0x7F850b0aB1988Dd17B69aC564c1E2857949e4dEe](https://arbiscan.io/address/0x7F850b0aB1988Dd17B69aC564c1E2857949e4dEe#code))
+    - admin address: [arbitrum:0x0E5087e19EB58e28DDF9F341b550BE6797547BF7](https://arbiscan.io/address/0x0E5087e19EB58e28DDF9F341b550BE6797547BF7#code)
+    - admin type: multisig
+        - multisig threshold/signers: 3/17
+        
+
+### Oracles
+- [ ] Price data is provided by an off-chain source (e.g., a Chainlink oracle, a multisig, or a network of nodes).
+
+- [ ] Price data is expected to be volatile (e.g., because it represents an open market price instead of a (mostly) monotonically increasing price).
+
+### Common Manipulation Vectors
+- [x] The Rate Provider is susceptible to donation attacks.
+
+The rate providers rate calculation approach is based on dividing totalAssets over totalSupply. With a donation `totalAssets()` can be influenced. The implementation is based on reading the `balanceOf` as can be seen in the below implementation code snippet
+```solidity
+/** @dev See {IERC4626-totalAssets}. */
+function totalAssets() public view virtual override returns (uint256) {
+    return _asset.balanceOf(address(this));
+}
+```
+
+## Additional Findings
+To save time, we do not bother pointing out low-severity/informational issues or gas optimizations (unless the gas usage is particularly egregious). Instead, we focus only on high- and medium-severity findings which materially impact the contract's functionality and could harm users.
+
+## Conclusion
+**Summary judgment: SAFE**
+
+This rate provider should work well with Balancer pools. The upgradeability mechanism is properly guarded behind a multisig and the rate approach follows one of the industry standards.