★ Empty cToken-style market (zero supply/borrow)
Kinetiq's assessment for RD-F-070 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
[CRITICAL FACTOR — not_applicable] Kinetiq is an original-design LST protocol, not a Compound V2 fork. Code4rena README explicitly states: 'No indication this protocol forks from another existing protocol.' No cToken-style market architecture exists. The StakingAccountant uses a rate-based accounting model (totalHYPE/totalKHYPESupply * 1e18), not a cToken share/borrow market. PD-024 Compound-fork-only N/A applies. The bootstrap guard (if totalKHYPESupply==0 return 1e18) is an LST rate initialization guard, not a cToken-market guard.
Sources #
- GitHubCode4rena 2025-04-kinetiq README — original protocol confirmationCode4rena 2025-04-kinetiq README: 'No indication this protocol forks from another existing protocol. It's a novel liquid staking solution built specifically for Hyperliquid EVM.'retrieved 2026-05-17
- DeepWiki — Kinetiq StakingAccountant formulaDeepWiki StakingAccountant.sol analysis — _getExchangeRatio formula: totalHYPE/totalKHYPESupply * 1e18, with 1:1 bootstrap guard. Custom rate model, not cToken shares.retrieved 2026-05-17
Methodology #
Determine whether any listed Compound V2-fork market has `totalSupply == 0` and `totalBorrow == 0`, the precondition for a donation-exploit.
See the full factor methodology and distribution across all protocols →