{
 "version": "v1",
 "generatedAt": "2026-10-15T21:09:14Z",
 "name": "Raydium (AMM v4, CLMM, CPMM)",
 "named_from": "dashboard",
 "chain": "Solana",
 "address": "CAMMCzo5YL8w4VFF8KVHrK22GGUsp5VTaW7grrKgrWqK",
 "composite": 14,
 "band": "critical",
 "keys_to_move": 3,
 "react_hours": 0,
 "money_per_key_usd": 397242762.0665434,
 "not_assessed": [],
 "sub": {
  "adminKeyScore": 20,
  "multisigScore": 20,
  "timelockScore": 0,
  "oracleAuthorityScore": 100,
  "crossExposureScore": 100
 },
 "requirements": [
  {
   "label": "Admin power is not a bare key",
   "met": false
  },
  {
   "label": "At least a 3-of-5 multisig",
   "met": false
  },
  {
   "label": "A confirmed delay before changes apply, no bypass",
   "met": false
  },
  {
   "label": "Bypass paths of the delay checked and ruled out",
   "met": false
  },
  {
   "label": "Price feed not under one hand",
   "met": true
  },
  {
   "label": "No key shared with another tracked protocol",
   "met": true
  }
 ],
 "exit_window": "none: a change applies at once",
 "tvl_usd": 1191728286.1996303,
 "category": "Dexs",
 "at_risk_usd": 1024886326.1316819,
 "narrative": {
  "summary": "The three programs share one 3-of-4 Squads v4 upgrade multisig with no delay. A separate hardcoded admin key resolves to an older 2-of-3 Squads v3 multisig that still sets fees and pool status.",
  "tag": "config admin weaker than the upgrade path",
  "detail": "The upgrade authority is one Squads v4 vault, 3-of-4, no time lock, shared by AMM v4, CLMM and CPMM and re-checked per program each run. The admin key is a constant compiled into all three programs, read live from CLMM's on-chain IDL. It can set fee rates, reassign fee owners, pause pools and, on CLMM, transfer reward ownership. It resolves to the Squads v3 multisig that held the upgrade authority until a 2026-04-22 rotation, retired for code upgrades but never rotated for this role. LaunchLab was not re-checked. DefiLlama listed over $1.0B for raydium-amm on 2026-09-17, split by program not verified."
 },
 "score_account": "8GuwiTk6d4ve6tFG22mbnXpuer3DxbZBT24s5UzfmG7S",
 "paused": null,
 "side_roles": null,
 "side_pending": null,
 "safe_activity": null,
 "admin_probe": null,
 "held": null,
 "dispute": null,
 "independent_read_reproduce": null,
 "history": null,
 "feed": "https://raw.githubusercontent.com/RealSpap/authority-risk-oracle-showcase/watch-data/feed/solana-devnet/CAMMCzo5YL8w4VFF8KVHrK22GGUsp5VTaW7grrKgrWqK.xml",
 "reproduce": null,
 "consumer_example": {
  "verdict": "zero",
  "collateral_factor_bps": 0,
  "text": "collateral factor 0 (score 14 is under MIN_SAFE_SCORE 60)"
 },
 "cheapest_fix": {
  "band": "weak",
  "next": 20,
  "axis": "admin key",
  "from": 20,
  "to": 34,
  "what": "a stronger admin setup (admin power spread beyond one key, or checked by others)"
 },
 "main_gap": {
  "requirement": "Admin power is not a bare key",
  "reason": "One key, or a tiny group, can change it"
 },
 "independent_read": {
  "path": "program -> ProgramData HzD2cC\u2026 -> upgrade authority (a program-derived address, off the curve: a Squads vault or a protocol PDA, no key can sign for it directly) -> Squads v4 vault 0 of multisig tr8rgazUrZzgdkfc6Q622nVJHMMzh29trdBE2uBHb4u",
  "holder": "FytDrVzDybM1TwFQPGb8qaxZR7dBCzNeqT3vtQsceZQK",
  "threshold": 3,
  "owners": 4,
  "delay_seconds": 0,
  "owners_kinds": {
   "eoa": 4,
   "pda": 0
  },
  "multisig_program": "Squads v4",
  "keys_to_act": 3,
  "keys_lost_to_freeze": 2,
  "kind": "squads",
  "since": "2026-10-10T06:54:09Z",
  "posture": "admin: Squads 3-of-4 of 4 plain keys; delay: none",
  "exposure": {
   "keys_to_move": 3,
   "react_hours": 0,
   "tvl_usd": 1191728286.1996303,
   "money_per_key_usd": 397242762.0665434,
   "money_source": "protocol_tvl",
   "held_symbol": null,
   "held_amount": null
  }
 },
 "score_cluster": "devnet",
 "last_pushed": 1791859630,
 "stale": false,
 "methodology_hash": "0x4f8c4019b9c9e75b1aaef679a3a699b9ec7926ee504c57696cc693641a2b3b3a",
 "block": null,
 "live": "https://realspap.github.io/oracle/#chain=all&q=CAMMCzo5YL8w4VFF8KVHrK22GGUsp5VTaW7grrKgrWqK",
 "page": "https://realspap.github.io/oracle/p/solana-CAMMCzo5YL8w4VFF8KVHrK22GGUsp5VTaW7grrKgrWqK.html",
 "license": "CC BY 4.0, attribution: Authority Risk Oracle, realspap.github.io/oracle"
}