defirisk.co
rubric v1.7.0

Deprecated contracts still holding value

Pendle Finance's assessment for RD-F-166 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

vePENDLE contract (0x4f30A9D41B80ecC5B94306AB4364951AE3170210) is in partially-deprecated state: new locks paused 2026-01-29, governance role transferred to sPENDLE. Existing 2-year lock positions remain until natural expiry — this is the protocol's stated design, not an operational lapse. Profile §6 notes Governance Safe holds ~22M PENDLE (~$30M); residual locked PENDLE in vePENDLE almost certainly exceeds $100K. Yellow (not red) because: (a) migration was publicly announced and communicated; (b) residual value represents user-locked PENDLE with clear expiry path, not stranded dust; (c) no emergency or involuntary lock situation. On-chain balance verification not performed — yellow reflects incomplete verification.

Sources #

Methodology #

Determine whether contracts marked deprecated by a protocol announcement still hold >$100K in assets.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol pendle factor RD-F-166 score yellow collected_at 2026-04-28 21:09:40