★ Rescue/emergencyWithdraw without timelock
Ondo Finance's assessment for RD-F-041 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
[PD-042 rescore 2026-05-12, v1.7.0+] Forcible seize / burn / retrieve-token paths are the defining feature of a regulated tokenized RWA, REQUIRED by KYC, sanctions, and court-order compliance regimes. Treating them as a rug-risk signal misframes the protocol type. Scored not_applicable per PD-042 (Cat 2 RWA-issuer subset). ORIGINAL EVIDENCE (preserved from v1.6.0 grading): [CRITICAL] ousgInstantManager.sol exposes retrieveTokens(address token, address to) callable by DEFAULT_ADMIN_ROLE with no timelock. USDY InstantManager has the same pattern. Management multisig (4/7) can drain contract balances in one transaction. RWAHub.sol confirms no timelock on any admin functions.
Sources #
- GitHubhttps://github.com/ondoprotocol/usdy/blob/main/contracts/RWAHub.solretrieved 2026-04-28
- https://code4rena.com/reports/2024-03-ondo-financeretrieved 2026-04-28
Methodology #
Determine whether a `rescue(…)` or `emergencyWithdraw(…)` function exists callable by admin without a timelock delay on execution.
See the full factor methodology and distribution across all protocols →