First-depositor / share-inflation guard
Hyperlane's assessment for RD-F-075 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Same evidence base as RD-F-074. Issue #8589 (OPEN, 2026-04-14) describes 'ERC4626 vault insolvency' with 4 Foundry PoCs in HypERC20Collateral and HypNative Warp Routes — both of which interact with ERC-4626 vault accounting when the HypERC4626Collateral variant is used. Whether a first-depositor seed deposit, virtual-share floor, or equivalent guard exists in deployed HypERC4626Collateral contracts is not confirmed from code inspection this session. The existence of a live critical disclosure with PoCs on ERC-4626 share accounting implies that share-inflation protection is either absent or bypassable in at least one code path. Yellow assigned on the same unresolved disclosure.
Sources #
- GitHubHyperlane monorepo — Issue #8589Issue #8589 — ERC4626 vault insolvency, 4 passing PoCs, OPEN as of 2026-05-17retrieved 2026-05-17
- Hyperlane Warp Routes: TypesHyperlane Warp Routes types — HypERC4626Collateral and HypNative descriptionsretrieved 2026-05-17
Methodology #
Determine whether the vault has a first-depositor guard (seed deposit on deploy, virtual-share offset, or floor-check).
See the full factor methodology and distribution across all protocols →