Flash loan >$10M targeting protocol tokens

Ethena's assessment for RD-F-100 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Ethena has no on-chain lending market; EthenaMinting is gated to whitelisted institutional minters only. Flash-loan attack surface is structurally limited — an attacker cannot flash-loan their way to unauthorized minting without being on the whitelist. Governance is Snapshot-only with no on-chain flash-loanable voting mechanism. No flash-loan interactions with Ethena core contracts detected.

Sources #

Docs
Governance | Ethena DocsEthena governance — Snapshot-only, no on-chain Governor contractretrieved 2026-04-28

Methodology #

Detect whether a flash loan >$10M denominated in protocol tokens or LP tokens has originated, likely to interact with this protocol.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol ethena factor RD-F-100 score green collected_at 2026-04-28 13:58:51