New ERC-20 approval to unverified contract from whale
Raydium's assessment for RD-F-096 — scored not_assessed on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Cat 6A precursor signal (v1-deferred). Raydium is Solana-native; Solana uses SPL token accounts with delegate authority model, not ERC-20 approve() model. The signal monitors 'new ERC-20 approval to unverified contract' which is structurally incompatible with Solana's token account architecture. No ERC-20 approval events exist on Solana.
Sources #
- Curator noteRaydium Documentation — Solana-based protocolSolana SPL token delegate authority model is architecturally different from ERC-20 approve() — ERC-20 approval monitoring is not applicable to Solana protocolretrieved 2026-04-29
Methodology #
Detect whether a top-TVL depositor grants a new token approval to an unverified contract that interacts with this protocol.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol raydium factor RD-F-096 score not_assessed collected_at 2026-04-29 12:31:55