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Ample

Rejected
Max sleeve
Reviewed
2026-08-15 · v1
Next review
2026-11-15
Chains
Base · hybrid, Monad · crypto-backed, BNB Smart Chain · freezable, Solana · crypto-backed, Arbitrum One · hybrid, Hyperliquid / HyperEVM · freezable

Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.

Ample is a prize-linked savings protocol: depositors keep their USDC principal and pool the yield, which is paid out as prizes through weighted on-chain draws. The August 15, 2026 survey reported about $4.65M across seven chains, still below the $100M floor. Current evidence identifies separate ERC-4626 or Solana vault integrations but does not establish discretionary post-deposit allocation within a named vault, so no higher-order existing dossier supersedes the v1 below-materiality rule.

The research file

Applicability to the surveyed record

Ample describes a prize-linked savings product: users deposit, receive participation weight over time, and the yield generated by supported Euler, Morpho and other money-market strategies funds recurring prizes rather than accruing pro rata to every depositor. The current evidence describes vault-level integrations, not a curator freely changing a named depositor’s strategy after entry, so the delegated-allocation dossier is not established for this aggregate record.

Current observation and perimeter

The DefiLlama API read on 2026-08-15 classified Ample as a Yield Lottery and reported approximately $4.65M across Base, Monad, Binance, Katana, Solana, Arbitrum and Hyperliquid L1. Its methodology measures each EVM ERC-4626 vault and Solana vault PDA and flags destination-protocol deposits as double counted. The live total remains far below the shared v1 $100M threshold.

Control and exit applicability

Ample says payout eligibility uses time-weighted balances and weighted randomness, with results published through on-chain Merkle roots. Users may withdraw, but doing so can affect prize eligibility; principal also inherits the selected Euler, Morpho, Jupiter Lend, smart-contract, chain and market risks. rL3 incentives have separate six-month vesting and forfeiture mechanics and are not evidence of principal exit liquidity.

Why the class rule decides

The shared v1 below-materiality dossier controls the current protocol record without implying that Ample is defective or that prize-linked suitability has passed. Reopen only after reproducible protocol TVL remains at least $100M for 30 days; then review each named vault’s fixed strategy and change authority, draw controls, legal and suitability treatment, underlying losses, audits, incentive economics, and proposed-size withdrawal capacity.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

Inherited controls

The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.

ChainVerdictGradeControl constraint
BaseApproved · limits hybrid Coinbase — one regulated US company — operates the only sequencer, and admin keys can upgrade bridge contracts within ~7 days.
MonadApproved · limits crypto-backed the L1 has a public validator path, but its short production record, single initial client lineage, and Foundation-directed delegation keep stake and operations concentrated.
BNB Smart ChainRejected freezable the validator set concentrates around one company, and the chain has been halted by decision.
SolanaApproved · limits crypto-backed no admin key can seize funds, but stake concentration and a sub-25 Nakamoto coefficient are the standing watch items.
Arbitrum OneApproved · limits hybrid a single sequencer orders >99% of transactions and admin keys can upgrade bridge contracts on a ~7-day timelock.
Hyperliquid / HyperEVMRejected freezable a 21-validator permissioned set operates both the chain and its bridge — one compromise reaches both.
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