Flash loan >$10M targeting protocol tokens

Raydium's assessment for RD-F-100 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Cat 6B exploit-in-progress signal [T-09 v1 phase 2]. Solana does not have EVM-equivalent flash loan primitives (Aave V3 flashLoan, Balancer flashLoan). Solana composable transactions can achieve similar within-transaction economic effects but the flash-loan event class differs structurally — no FLASHLOAN event to scan. The Drift April 2026 DPRK attack used wash trading on Raydium over 3 weeks (not a flash loan against Raydium). Raydium pools are not flash-loan sources in the EVM sense. No flash-loan-class event against Raydium identified. Assessed gray due to Solana architectural incompatibility with EVM flash loan signal definition.

Sources #

Curator note
Raydium Documentation — Solana-based protocolSolana lacks EVM-equivalent flash loan primitives; within-transaction composability differs architecturally from Aave/Balancer flash loan event classretrieved 2026-04-29
URL
The Drift Protocol Hack — ChainalysisDrift April 2026: attacker used wash trading (not flash loans) on Raydium for CVT price manipulationretrieved 2026-04-29

Methodology #

Detect whether a flash loan >$10M denominated in protocol tokens or LP tokens has originated, likely to interact with this protocol.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol raydium factor RD-F-100 score gray collected_at 2026-04-29 12:31:55