defirisk.co
rubric v1.7.0

Public initialize() without initializer modifier

Euler V2's assessment for RD-F-022 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

initialize(address proxyCreator) is public virtual reentrantOK in InitializeModule — no OZ initializer modifier. But re-init is prevented by custom boolean guard: constructor() { initialized = true; } (sets flag on implementation, blocks any re-init); initialize() checks if (initialized) revert E_Initialized(). Functionally equivalent to OZ _disableInitializers(). Pattern reviewed by 12+ audit firms including Spearbit and OZ with no critical findings.

Sources #

Methodology #

Determine whether any implementation contract exposes `initialize(…)` without the OpenZeppelin `initializer` modifier or equivalent initialization lock.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol euler-v2 factor RD-F-022 score green collected_at 2026-05-04 19:56:06