First-depositor / share-inflation guard
Raydium's assessment for RD-F-075 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
First-depositor / share-inflation guard is an EVM vault factor (ERC-4626, cToken). Raydium is Solana-native. CPMM requires initial liquidity ('cannot create empty pool') — a functional equivalent. CLMM uses tick-math liquidity accounting immune to donation-attack share inflation. Standard AMM v4 uses reserve-math. No ERC-4626 share/totalAssets ratio vulnerability surface exists. N/A per taxonomy PD-024 and Solana architecture.
Sources #
- DocsRaydium Pool Fees DocumentationRaydium pool fees doc — CPMM: 'you cannot create an empty pool'retrieved 2026-04-29
- Raydium CPMM GitHub reporaydium-io/raydium-cp-swap — CPMM source code (Solana Rust/Anchor); reserve-math LP accountingretrieved 2026-04-29
Methodology #
Determine whether the vault has a first-depositor guard (seed deposit on deploy, virtual-share offset, or floor-check).
See the full factor methodology and distribution across all protocols →