defirisk.co
rubric v1.7.0

Public initialize() without initializer modifier

BlackRock USD Institutional Digital Liquidity Fund (BUIDL)'s assessment for RD-F-022 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Proxy uses a simple Solidity constructor (no initialize() function in verified proxy source). Implementation is unverified — cannot determine whether initialize() exists or carries initializer modifier. Gray: cannot confirm or deny adverse pattern.

Sources #

  • Etherscan
    https://etherscan.io/address/0x7712c34205737192402172409a8f7ccef8aa2aec#coderetrieved 2026-04-26

Methodology #

Determine whether any implementation contract exposes `initialize(…)` without the OpenZeppelin `initializer` modifier or equivalent initialization lock.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol blackrock-buidl factor RD-F-022 score gray collected_at 2026-05-12 09:40:42