Hot-wallet signer flag

Evidence summary #

Neodyme confirmed the upgrade authority is a hot wallet: 'signing and landing a large amount of transactions in such a short time is practically impossible without durable nonces when using a proper cold wallet.' The upgrade authority single EOA is definitively a hot wallet. Treasury/LM multisig signers not public — cannot assess for them.

Sources #

Methodology #

Determine whether ≥1 multisig signer address exhibits on-chain behavior consistent with a hot wallet (web-wallet signing pattern, no hardware signing indicators).

See the full factor methodology and distribution across all protocols →