RIADeFi

Axelar rotates administrators for nine MultisigProver contracts

The Ledger · · Ketju Research

ExecutedConfirmed evidence

Affects: Axelar (protocol)

What happened

Axelar governance passed proposal 481 and updated the administrator on MultisigProver contracts for nine chain integrations.

What changed

The Flow, Sui, Stellar, XRPL-EVM, Plume, Hedera, Berachain, Hyperliquid, and Monad MultisigProver contracts were assigned administrator axelar1w2ey0ek9e8q2dfmeznz6ah49zdywpdme0z0kly.

What did not change

The proposal did not confirm new verifier sets, migrate contract code, or establish any service interruption.

Confirmed

  • Proposal 481 passed on June 17.
  • The payload contains nine update_admin contract calls.
  • Every listed MultisigProver received the same new administrator address.

Still open

  • The controller type, signer identities, threshold, and operating rules for axelar1w2ey0ek9e8q2dfmeznz6ah49zdywpdme0z0kly remain unresolved.

What it means for an advisor

  • Update the controller map for all nine Amplifier integrations.
  • Assess the aggregate blast radius created by one administrator controlling multiple MultisigProver contracts.
  • Monitor subsequent verifier-set confirmations and migrations for use of the new authority.

Sources

  1. Rotate MultisigProver Admin for flow, sui, stellar, xrpl-evm, plume, hedera, berachain, hyperliquid, monad. · Axelar on-chain governance · · effective

Version 1, published . Educational research, not investment advice.