Security-Council threshold reduction (RT)
Raydium's assessment for RD-F-182 — scored green 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 [batch-24 v1.1 candidate]. Directly applicable to Raydium's Squads V4 Program Upgrade Multisig (FytDrVzDybM1TwFQPGb8qaxZR7dBCzNeqT3vtQsceZQK, 3/4 threshold, 24-hr timelock). The motivating incident for RD-F-182 — Drift April 2026 (3/5 → 2/5 SC threshold change + timelock removal, 6 days before $285M DPRK exploit) — is directly analogous to Raydium's Squads architecture. Threshold for RD-F-182: Security Council multisig executes threshold reduction, timelock removal, or new-signer addition within ≤14 days. Current posture: Squads V4 at 3/4 threshold with 24-hr timelock intact as of 2026-04-29 (confirmed via Raydium security docs). No threshold reduction or timelock removal events observed. Monitoring gap: Squads V4 transaction events on Solana are monitorable via on-chain program event subscription — this is a priority wiring target given the direct Solana ecosystem relevance and Drift precedent. Score green: current configuration intact; monitoring is
Sources #
- URLExplained: The Drift Hack (April 2026) — HalbornDrift April 2026: 3/5 → 2/5 SC threshold change + timelock removal = 6 days before $285M DPRK exploit; directly motivating RD-F-182 and applicable to Raydium Squads architectureretrieved 2026-04-29
- The Drift Protocol Hack — ChainalysisChainalysis: Drift DPRK hack involved SC threshold weakening as precursorretrieved 2026-04-29
- Raydium Protocol Security DocumentationRaydium Program Upgrade Multi-Sig: FytDrVzDybM1TwFQPGb8qaxZR7dBCzNeqT3vtQsceZQK; 3/4 threshold; 24-hour timelock; air-gapped signersretrieved 2026-04-29
Methodology #
Detect in real-time whether the bridge/protocol Security Council multisig executes a threshold reduction (e.g. 3/5 → 2/5), timelock removal, or new-signer addition within ≤14 days of either of those events.
See the full factor methodology and distribution across all protocols →