Historical bad-debt events

Kinetiq's assessment for RD-F-067 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Kinetiq is not a lending protocol. No collateralized borrow markets where bad debt can be socialized. LST rate reduction from slashing would uniformly reduce kHYPE redemption value but is not 'bad debt' in the lending sense. No historical bad-debt events found. PD-024 N/A applies.

Sources #

Internal
Kinetiq 00-data-cache.jsonData cache hacks:[] and borrow.present=false — no bad debt events, no lending structureretrieved 2026-05-17

Methodology #

Count and sum (USD) the number of documented bad-debt events where the protocol socialized losses across depositors.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol kinetiq factor RD-F-067 score not_applicable collected_at 2026-05-17 15:29:57