First-depositor / share-inflation guard
Orca'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 #
Whirlpools uses reserve-based CLMM pool accounting with NFT position receipts, not an ERC-4626 share-based vault. LP value is computed from sqrt_price and tick ranges at redemption time, not from a share/totalAssets ratio. The first-depositor share-inflation attack vector (donating tokens to inflate share price before initial deposit) does not apply to this accounting model. Pre-marked not_applicable in briefing (Solana SPL, no ERC-4626). Cache: non_evm_substrate=true.
Sources #
- URLOrca Whirlpool Parameters — fee authority and config authority roleshttps://dev.orca.so/Architecture%20Overview/Whirlpool%20Parameters/retrieved 2026-05-16
- DefiLlama cache coverage flags: non_evm_substrate=true; no ERC-4626 appliesDefiLlama API cache — orca — coverage_flags.non_evm_substrate=trueretrieved 2026-05-16
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 →