Historical bad-debt events
Falcon Finance's assessment for RD-F-067 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
No bad-debt events, exploits, or socialized losses documented in 12 months of operation (Apr 2025 – May 2026). Rekt DB: 0 incidents. Single large TVL drop ca. Apr 15 2026 (~$196M) unconfirmed as a loss event — no post-mortem, no Rekt entry, likely redemption. Green — clean history within observable window.
Detail #
00-data-cache.json: sources.rekt.incidents: []. 00-profile.md §10: 'No security incidents, exploits, governance attacks, or depeg events identified as of 2026-05-12.' TVL drop ca. ts 1770422400: $1.845B → $1.649B in 24h, subsequently stable — no corresponding incident reports found via profile §10 or data cache.
Sources #
- Curator noteFalcon Finance data cache — TVL daily series and 90d CoV.research/protocols/falcon-finance/00-data-cache.jsonretrieved 2026-05-12
- Falcon Finance profile — no incidents confirmed.research/protocols/falcon-finance/00-profile.md §10retrieved 2026-05-12
Methodology #
Count and sum (USD) the number of documented bad-debt events where the protocol socialized losses across depositors.
See the full factor methodology and distribution across all protocols →