Stablecoin depeg >2% on shared-LP venue

Marinade Finance's assessment for RD-F-104 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Marinade has no stablecoin dependency. mSOL exchange rate is derived from on-chain stake-pool state (total_staked_SOL / total_mSOL_supply). Protocol has no stablecoin collateral and no stablecoin exposure >= 5% TVL. RD-F-104 fires only when protocol's exposure to a depegging stable exceeds 5% TVL. Structurally inapplicable to this pure-SOL liquid staking protocol.

Sources #

Docs
Marinade docs -- Marinade Native, pure SOL staking, no stablecoinhttps://docs.marinade.finance/marinade-protocol/protocol-overview/marinade-nativeretrieved 2026-05-16

Methodology #

Detect whether a stablecoin in this protocol's dependency graph depegs >2% on a venue with shared liquidity.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol marinade factor RD-F-104 score not_applicable collected_at 2026-05-16 08:48:35