defirisk.co
rubric v1.7.0

New ERC-20 approval to unverified contract from whale

M^0's assessment for RD-F-096 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Applicable: $M token holders (high-TVL Minters) could grant approvals to unverified contracts. Requires continuous on-chain approval monitoring of top $M holders — not implementable in static dry-run. T-09 phase-2 signal tier. No known incidents of this pattern targeting M^0. Production assessment requires live ERC-20 approval event monitoring.

Sources #

  • Docs
    MToken ERC-20 Etherscan — $M token contractM^0 token contract 0x866A2BF4E572CbcF37D5071A7a58503Bfb36be1b is an ERC-20 ($M); any high-TVL holder approval to unverified contract is theoretically monitorable but requires live pipelineretrieved 2026-05-16

Methodology #

Detect whether a top-TVL depositor grants a new token approval to an unverified contract that interacts with this protocol.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol m0 factor RD-F-096 score gray collected_at 2026-05-16 09:46:19