defirisk.co
rubric v1.7.0

First-depositor / share-inflation guard

Axelar Network'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 #

Factor requires share-based vault with first-depositor attack surface (ERC-4626 or cToken-style). Axelar uses lock-and-mint bridge semantics — no share/token minting against deposited value, no first-depositor mechanics. PD-024 applies; architecture confirms absence of share-inflation attack surface.

Sources #

  • Internal
    Axelar protocol profile — §3 and §500-profile.md §5: 'Not forked / original'; §3: no ERC-4626 vault contracts in deployment list; gateway model is validator-signed lock-and-mint, not share-based.retrieved 2026-05-17

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 →

rubric_version v1.7.0 protocol axelar factor RD-F-075 score not_applicable collected_at 2026-05-16 21:57:49