# The research files > 120 adverse protocol research assessments. Research describes the evidence; firm-shelf policy and client selection remain separate. - [Aave v4](https://riadefi.com/rejections/aave-v4/) — adverse research assessment, stable lending, reviewed 2026-08-16 - [SparkLend](https://riadefi.com/rejections/sparklend/) — adverse research assessment, stable lending, reviewed 2026-08-16 - [Maple Finance](https://riadefi.com/rejections/maple/) — adverse research assessment, stable lending, reviewed 2026-08-14 - [ether.fi (weETH liquid restaking)](https://riadefi.com/rejections/ether-fi-stake/) — adverse research assessment, ETH staking, reviewed 2026-08-14 - [Binance Staked ETH (WBETH)](https://riadefi.com/rejections/binance-staked-eth/) — adverse research assessment, ETH staking, reviewed 2026-07-30 - [Kelp DAO (rsETH)](https://riadefi.com/rejections/kelp/) — adverse research assessment, ETH staking, reviewed 2026-07-31 - [Renzo (ezETH liquid restaking)](https://riadefi.com/rejections/renzo/) — adverse research assessment, ETH staking, reviewed 2026-08-21 - [Compound v3 (Comet)](https://riadefi.com/rejections/compound-v3/) — adverse research assessment, stable lending, reviewed 2026-08-16 - [Kamino (Solana)](https://riadefi.com/rejections/kamino-lend/) — adverse research assessment, stable lending, reviewed 2026-08-16 - [Centrifuge (JAAA)](https://riadefi.com/rejections/centrifuge-protocol/) — adverse research assessment, tokenized RWA, reviewed 2026-07-31 - [Venus Protocol](https://riadefi.com/rejections/venus-core-pool/) — adverse research assessment, stable lending, reviewed 2026-08-14 - [Fluid (Instadapp)](https://riadefi.com/rejections/fluid-lending/) — adverse research assessment, stable lending, reviewed 2026-08-14 - [Jito (jitoSOL)](https://riadefi.com/rejections/jito-liquid-staking/) — adverse research assessment, staking, reviewed 2026-08-16 - [Spark Savings (sUSDS)](https://riadefi.com/rejections/spark-savings/) — adverse research assessment, stable lending, reviewed 2026-08-01 - [Usual (USD0 / USD0++)](https://riadefi.com/rejections/usual-usd0/) — adverse research assessment, stable lending, reviewed 2026-08-14 - [Lombard (LBTC)](https://riadefi.com/rejections/lombard-lbtc/) — adverse research assessment, staking, reviewed 2026-08-14 - [Convex Finance](https://riadefi.com/rejections/convex-finance/) — adverse research assessment, liquidity provision, reviewed 2026-08-14 - [Dolomite](https://riadefi.com/rejections/dolomite/) — adverse research assessment, stable lending, reviewed 2026-08-16 - [USD.AI (sUSDai)](https://riadefi.com/rejections/usd-ai/) — adverse research assessment, synthetic yield, reviewed 2026-08-14 - [Concrete (Blueprint Finance)](https://riadefi.com/rejections/concrete/) — adverse research assessment, stable lending, reviewed 2026-08-14 - [Jupiter Lend (Solana)](https://riadefi.com/rejections/jupiter-lend/) — adverse research assessment, stable lending, reviewed 2026-08-16 - [mETH Protocol (Mantle)](https://riadefi.com/rejections/meth-protocol/) — adverse research assessment, ETH staking, reviewed 2026-07-31 - [Liquity v1 (LUSD)](https://riadefi.com/rejections/liquity-v1/) — adverse research assessment, stable lending, reviewed 2026-08-16 - [Euler v2](https://riadefi.com/rejections/euler-v2/) — adverse research assessment, stable lending, reviewed 2026-08-16 - [Marinade (mSOL)](https://riadefi.com/rejections/marinade-liquid-staking/) — adverse research assessment, staking, reviewed 2026-08-14 - [Sanctum Infinity](https://riadefi.com/rejections/sanctum-infinity/) — adverse research assessment, staking, reviewed 2026-08-16 - [Frax (frxUSD / sfrxUSD)](https://riadefi.com/rejections/frax/) — adverse research assessment, stable lending, reviewed 2026-08-16 - [Lista Lending](https://riadefi.com/rejections/lista-lending/) — adverse research assessment, stable lending, reviewed 2026-08-01 - [Securitize Tokenised AAA CLO Fund](https://riadefi.com/rejections/securitize-tokenized-aaa-clo-fund/) — adverse research assessment, tokenized RWA, reviewed 2026-08-01 - [Ethena (USDe)](https://riadefi.com/rejections/ethena-usde/) — adverse research assessment, synthetic yield, reviewed 2026-07-30 - [Pendle (yield tokenisation)](https://riadefi.com/rejections/pendle-v2/) — adverse research assessment, liquidity provision, reviewed 2026-07-30 - [StakeWise V3](https://riadefi.com/rejections/stakewise-v3/) — adverse research assessment, ETH staking, reviewed 2026-08-14 - [Benqi Staked AVAX (sAVAX)](https://riadefi.com/rejections/benqi-staked-avax/) — adverse research assessment, staking, reviewed 2026-08-14 - [Wrapped Bitcoin (WBTC)](https://riadefi.com/rejections/wbtc/) — adverse research assessment, other, reviewed 2026-08-17 - [LayerZero V2](https://riadefi.com/rejections/layerzero-v2/) — adverse research assessment, other, reviewed 2026-08-17 - [Hyperliquid Bridge](https://riadefi.com/rejections/hyperliquid-bridge/) — adverse research assessment, other, reviewed 2026-08-17 - [Binance-Peg BTCB](https://riadefi.com/rejections/binance-bitcoin/) — adverse research assessment, other, reviewed 2026-08-17 - [USDT0](https://riadefi.com/rejections/usdt0/) — adverse research assessment, other, reviewed 2026-08-17 - [JustCryptos](https://riadefi.com/rejections/justcryptos/) — adverse research assessment, other, reviewed 2026-08-17 - [Portal Bridge (Wormhole)](https://riadefi.com/rejections/portal/) — adverse research assessment, other, reviewed 2026-08-17 - [Hyper Unit](https://riadefi.com/rejections/unit/) — adverse research assessment, other, reviewed 2026-08-17 - [Function FBTC](https://riadefi.com/rejections/function-fbtc/) — adverse research assessment, other, reviewed 2026-08-17 - [SolvBTC](https://riadefi.com/rejections/solvbtc/) — adverse research assessment, other, reviewed 2026-08-17 - [Lorenzo enzoBTC](https://riadefi.com/rejections/lorenzo-enzobtc/) — adverse research assessment, other, reviewed 2026-08-17 - [Lighter Bridge (zkLighter)](https://riadefi.com/rejections/lighter-bridge/) — adverse research assessment, other, reviewed 2026-08-17 - [Aster Bridge](https://riadefi.com/rejections/aster-bridge/) — adverse research assessment, other, reviewed 2026-08-17 - [World Chain Bridge](https://riadefi.com/rejections/world-chain/) — adverse research assessment, other, reviewed 2026-08-17 - [Robinhood Chain Bridge](https://riadefi.com/rejections/robinhood-chain-bridge/) — adverse research assessment, other, reviewed 2026-08-17 - [Linea Bridge](https://riadefi.com/rejections/linea-bridge/) — adverse research assessment, other, reviewed 2026-08-17 - [xDAI Stake Bridge (Gnosis Chain)](https://riadefi.com/rejections/xdai-stake-bridge/) — adverse research assessment, other, reviewed 2026-08-17 - [UniRouter](https://riadefi.com/rejections/unirouter/) — adverse research assessment, other, reviewed 2026-08-17 - [Merlin's Seal (Merlin Chain)](https://riadefi.com/rejections/merlins-seal/) — adverse research assessment, other, reviewed 2026-08-17 - [StarkGate (Starknet Bridge)](https://riadefi.com/rejections/starknet-bridge/) — adverse research assessment, other, reviewed 2026-08-17 - [zkSync Era Bridge](https://riadefi.com/rejections/zksync-era-txbridge/) — adverse research assessment, other, reviewed 2026-08-17 - [Mantle Bridge](https://riadefi.com/rejections/mantle-bridge/) — adverse research assessment, other, reviewed 2026-08-17 - [Avalanche Bridge](https://riadefi.com/rejections/avalanche-core-bridge/) — adverse research assessment, other, reviewed 2026-08-17 - [NexusBTC (NBTC)](https://riadefi.com/rejections/nexus-btc/) — adverse research assessment, other, reviewed 2026-08-18 - [B² Buzz](https://riadefi.com/rejections/b2-buzz/) — adverse research assessment, other, reviewed 2026-08-18 - [exSat Staking BTC](https://riadefi.com/rejections/exsat-staking-btc/) — adverse research assessment, other, reviewed 2026-08-18 - [Stacks sBTC](https://riadefi.com/rejections/stacks-sbtc/) — adverse research assessment, other, reviewed 2026-08-18 - [FAssets (Flare Network)](https://riadefi.com/rejections/fassets/) — adverse research assessment, other, reviewed 2026-08-18 - [Tether Gold (XAUT)](https://riadefi.com/rejections/tether-gold/) — adverse research assessment, tokenized commodity, reviewed 2026-08-17 - [Paxos Gold (PAXG)](https://riadefi.com/rejections/paxos-gold/) — adverse research assessment, tokenized commodity, reviewed 2026-08-17 - [Ondo Global Markets (Ondo Stocks)](https://riadefi.com/rejections/ondo-global-markets/) — adverse research assessment, tokenized RWA, reviewed 2026-08-17 - [Blockchain Capital (BCAP)](https://riadefi.com/rejections/blockchain-capital/) — adverse research assessment, other, reviewed 2026-08-17 - [xStocks (Backed Finance)](https://riadefi.com/rejections/xstocks/) — adverse research assessment, tokenized RWA, reviewed 2026-08-17 - [M0 ($M / Wrapped M)](https://riadefi.com/rejections/m0/) — adverse research assessment, other, reviewed 2026-08-17 - [Aave Horizon](https://riadefi.com/rejections/aave-horizon-rwa/) — adverse research assessment, other, reviewed 2026-08-17 - [Figure Markets Democratized Prime](https://riadefi.com/rejections/figure-markets-democratized-prime/) — adverse research assessment, other, reviewed 2026-08-17 - [DigiFT](https://riadefi.com/rejections/digift/) — adverse research assessment, tokenized RWA, reviewed 2026-08-17 - [RealT Tokens](https://riadefi.com/rejections/realt-tokens/) — adverse research assessment, other, reviewed 2026-08-17 - [R25](https://riadefi.com/rejections/r25/) — adverse research assessment, other, reviewed 2026-08-17 - [Mantle Index Four Fund (MI4)](https://riadefi.com/rejections/mantle-index-four-fund/) — adverse research assessment, other, reviewed 2026-08-17 - [RAAC](https://riadefi.com/rejections/raac/) — adverse research assessment, other, reviewed 2026-08-17 - [Frax USD (frxUSD)](https://riadefi.com/rejections/frax-usd/) — adverse research assessment, tokenized RWA, reviewed 2026-08-17 - [Valos](https://riadefi.com/rejections/valos/) — adverse research assessment, other, reviewed 2026-08-17 - [Lofty](https://riadefi.com/rejections/lofty/) — adverse research assessment, other, reviewed 2026-08-17 - [SSV Network](https://riadefi.com/rejections/ssv-network/) — adverse research assessment, other, reviewed 2026-08-19 - [EigenCloud (EigenLayer)](https://riadefi.com/rejections/eigencloud/) — adverse research assessment, ETH staking, reviewed 2026-08-19 - [Babylon Protocol](https://riadefi.com/rejections/babylon-protocol/) — adverse research assessment, staking, reviewed 2026-08-19 - [Sanctum Validator LSTs](https://riadefi.com/rejections/sanctum-validator-lsts/) — adverse research assessment, staking, reviewed 2026-08-19 - [Obol Network](https://riadefi.com/rejections/obol/) — adverse research assessment, other, reviewed 2026-08-19 - [GTBTC (Gate Wrapped BTC)](https://riadefi.com/rejections/gtbtc/) — adverse research assessment, other, reviewed 2026-08-19 - [Marinade Native](https://riadefi.com/rejections/marinade-native/) — adverse research assessment, staking, reviewed 2026-08-19 - [Tonstakers (tsTON)](https://riadefi.com/rejections/tonstakers-lsd/) — adverse research assessment, staking, reviewed 2026-08-19 - [stHYPE (Valantis)](https://riadefi.com/rejections/sthype/) — adverse research assessment, staking, reviewed 2026-08-19 - [Grove](https://riadefi.com/rejections/grove-finance/) — adverse research assessment, other, reviewed 2026-08-19 - [Spark Liquidity Layer](https://riadefi.com/rejections/spark-liquidity-layer/) — adverse research assessment, other, reviewed 2026-08-19 - [K3 Capital](https://riadefi.com/rejections/k3-capital/) — adverse research assessment, other, reviewed 2026-08-19 - [Hyperithm](https://riadefi.com/rejections/hyperithm/) — adverse research assessment, other, reviewed 2026-08-19 - [RockawayX](https://riadefi.com/rejections/rockawayx/) — adverse research assessment, other, reviewed 2026-08-19 - [Clearstar](https://riadefi.com/rejections/clearstar/) — adverse research assessment, other, reviewed 2026-08-19 - [KPK (karpatkey)](https://riadefi.com/rejections/kpk/) — adverse research assessment, other, reviewed 2026-08-19 - [Aera V3](https://riadefi.com/rejections/aera-v3/) — adverse research assessment, other, reviewed 2026-08-19 - [Telos Consilium](https://riadefi.com/rejections/telos-consilium/) — adverse research assessment, other, reviewed 2026-08-19 - [Sky Vaults (Skybase International)](https://riadefi.com/rejections/sky-money/) — adverse research assessment, other, reviewed 2026-08-19 - [USDD](https://riadefi.com/rejections/usdd/) — adverse research assessment, other, reviewed 2026-08-19 - [BounceBit CeDeFi Yield](https://riadefi.com/rejections/bouncebit-cedefi-yield/) — adverse research assessment, other, reviewed 2026-08-19 - [AFI Protocol](https://riadefi.com/rejections/afi-protocol/) — adverse research assessment, other, reviewed 2026-08-19 - [Cooler Loans](https://riadefi.com/rejections/cooler-loans/) — adverse research assessment, other, reviewed 2026-08-19 - [Buzz Farming](https://riadefi.com/rejections/buzz-farming/) — adverse research assessment, other, reviewed 2026-08-19 - [BitFi Basis](https://riadefi.com/rejections/bitfi-basis/) — adverse research assessment, other, reviewed 2026-08-19 - [EtherFi Borrowing Market](https://riadefi.com/rejections/etherfi-borrowing-market/) — adverse research assessment, other, reviewed 2026-08-19 - [Yield Basis](https://riadefi.com/rejections/yield-basis/) — adverse research assessment, other, reviewed 2026-08-19 - [Aster USDF](https://riadefi.com/rejections/aster-usdf/) — adverse research assessment, other, reviewed 2026-08-19 - [Aster asBNB](https://riadefi.com/rejections/aster-asbnb/) — adverse research assessment, other, reviewed 2026-08-19 - [Homora V2 (Alpha Finance)](https://riadefi.com/rejections/homora-v2/) — adverse research assessment, other, reviewed 2026-08-19 - [Suilend](https://riadefi.com/rejections/suilend/) — adverse research assessment, other, reviewed 2026-08-19 - [Polymarket International](https://riadefi.com/rejections/polymarket-international/) — adverse research assessment, other, reviewed 2026-08-19 - [Hyperliquid HLP](https://riadefi.com/rejections/hyperliquid-hlp/) — adverse research assessment, other, reviewed 2026-08-19 - [Polygon Bridge](https://riadefi.com/rejections/polygon-bridge/) — adverse research assessment, other, reviewed 2026-08-19 - [Tornado Cash](https://riadefi.com/rejections/tornado-cash/) — adverse research assessment, other, reviewed 2026-08-19 - [tBTC](https://riadefi.com/rejections/tbtc/) — adverse research assessment, other, reviewed 2026-08-19 - [Bedrock uniBTC](https://riadefi.com/rejections/bedrock-unibtc/) — adverse research assessment, staking, reviewed 2026-08-19 - [Lightning Network](https://riadefi.com/rejections/lightning-network/) — adverse research assessment, other, reviewed 2026-08-19 - [Fraxtal](https://riadefi.com/rejections/fraxtal/) — adverse research assessment, other, reviewed 2026-08-19 - [PinkSale](https://riadefi.com/rejections/pinksale/) — adverse research assessment, other, reviewed 2026-08-19 - [Hyperliquid Spot Orderbook](https://riadefi.com/rejections/hyperliquid-spot-orderbook/) — adverse research assessment, other, reviewed 2026-08-19 - [Noble](https://riadefi.com/rejections/noble/) — adverse research assessment, other, reviewed 2026-08-19 - [UNCX Network V2](https://riadefi.com/rejections/uncx-network-v2/) — adverse research assessment, other, reviewed 2026-08-19 --- Published by Ketju Research (https://ketjuresearch.com). Educational analysis only; not legal, tax, compliance, or investment advice. Machine-readable index: https://riadefi.com/llms.txt · Content API: https://riadefi.com/content.json