Add Reflect V1 + V2 TVL adapters (Solana)

[kubaplata]

Adds two standalone Solana adapters under projects/reflect/. TVL is read entirely from on-chain account data, deserialized manually (no new npm deps, Solana-only).

• v2.js — Reflect V2 (current), program RfLCtMS8AAqwDyK3RckKk5oarhZoNGx1rkz1BoozRq9
• v1.js — Reflect V1 (original), program rFLctqnUuxLmYsW5r9zNujfJx9hGpnP1csXr9PYwVgX; discontinued after the 2026-04-01 Drift exploit

Each file maps to its own DefiLlama dashboard (Reflect V1, Reflect V2).

• index.js — folder default (re-exports V2) so the repo's folder-level CI can load the adapter; V1 and V2 remain separate dashboards via v1.js / v2.js.

Listing info

• Name(s): Reflect V2, Reflect V1
• Twitter: https://x.com/reflectmoney
• Website: https://reflect.money
• Audits: https://github.com/palindrome-eng/audits
• Chain: Solana
• Category: Yield Aggregator
• Current TVL: V2 ≈ $0.01 (infra deploying) · V1 $0 (funds lost in Drift exploit; protocol frozen)
• Coingecko / CMC: not listed
• Treasury: none · forkedFrom: none · Referral program: no
• GitHub: https://github.com/palindrome-eng
• Short description: Reflect is a Solana yield protocol: users deposit stablecoins (USDC/USDT) and receive yield-bearing receipt tokens, with the collateral routed across on-chain lending venues (Kamino, Jupiter Lend, MarginFi, Save, Loopscale). (V1 discontinued following the April 2026 Drift exploit.)
• Oracle: Protocol uses Pyth price feeds internally. The DefiLlama adapter itself uses no oracle — TVL is read directly from on-chain account balances / vault accounting and priced by DefiLlama.

Token addresses (receipt tokens)

• V2: USDvv9Dst5KLrwd61AStBPzLF93MpebsuKDSzJ5xT9i, UsdaiNeTrorKL2n7VP5QJRbV2DPz3Ymonk1sP9iajfU, bondNKkoPV3axmrdfwV93NAbsWLxKkUPDtzaBFy1Lmc
• V1: usd63SVWcKqLeyNHpmVhZGYAqfE5RHE8jwqjRA2ida2 (USDC+), uSDtYeMVYuQwhziLKMpdMz74WPFNytoWLGGiU9SDnZx (USDT+)
• Underlying collateral counted as TVL: USDC, USDT

Methodology

• V2: sums each strategy controller's AutoCompound.deposited_vault_value (collateral attributed to holders), valued in the strategy's underlying SPL (USDC/USDT) resolved from the Main account SPL registry.
• V1: same live methodology; historical backfill proxies TVL by daily receipt-token supply (via Allium solana.assets.balances_daily) valued in the underlying stablecoin. deadFrom: 2026-04-02 forces TVL to 0 after the Drift loss + freeze (the on-chain field is frozen/stale). Both adapters are doublecounted (collateral sits in externally-listed venues).

Logo

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"Allow edits by maintainers" is enabled.

Summary by CodeRabbit

Summary by CodeRabbit

• New Features
  • Added new Reflect TVL adapters for Solana: V1 (including historical backfill) and V2.
  • V1 reports underlying stablecoin balances derived from on-chain strategy deposits.
  • V2 computes Reflect “V2” TVL from on-chain account data.
  • Updated the Reflect entry point to default to the V2 adapter.
• Bug Fixes
  • Prevents outdated V1 TVL reporting after the protocol cutoff date.

[github-actions]

Error while running adapter at projects/reflect:

Error: Cannot find module '/home/runner/work/DefiLlama-Adapters/DefiLlama-Adapters/projects/reflect'
Require stack:
- /home/runner/work/DefiLlama-Adapters/DefiLlama-Adapters/test.js
Truncated error stack:

    at /home/runner/work/DefiLlama-Adapters/DefiLlama-Adapters/test.js:142:14
    at Object.<anonymous> (/home/runner/work/DefiLlama-Adapters/DefiLlama-Adapters/test.js:290:3)
Error saving cache: Error: ENOENT: no such file or directory, open '/home/runner/work/DefiLlama-Adapters/DefiLlama-Adapters/node_modules/.pnpm/@defillama+sdk@5.0.218_bufferutil@4.0.9_typescript@5.9.3_utf-8-validate@5.0.10/node_modules/@defillama/sdk/build/util/local_cache/zlib-1.0/BlockCache-v1.json'

[coderabbitai]

📝 Walkthrough

Walkthrough

Adds Reflect Solana TVL adapters for V1 and V2, with V1 including an exploit-based cutoff and historical backfill. The Reflect index now defaults to V2 while documenting the two adapter variants.

Changes

Reflect V1 Adapter

Layer / File(s)	Summary
Constants and account parsers projects/reflect/v1.js	Defines program/mint constants, discriminators, byte offsets, and parsers for the Main account's strategy-to-mint mapping and StrategyController's deposited vault value.
Exploit cutoff and historical backfill projects/reflect/v1.js	Defines exploit date and deadFrom cutoff constants with UTC day helpers, and implements tvlHistorical using Allium balances_daily queries.
Live TVL computation and adapter export projects/reflect/v1.js	Implements the main tvl(api) routine combining deadFrom enforcement, historical routing, and live on-chain account fetching/parsing, and exports adapter metadata including timetravel, deadFrom, hallmarks, methodology, and solana.tvl.

Reflect V2 Adapter

Layer / File(s)	Summary
Constants and account parsers projects/reflect/v2.js	Defines program/discriminator IDs, byte offsets, and parsers for strategy-to-mint mapping and reading deposited vault value from the component registry.
TVL computation and adapter export projects/reflect/v2.js	Implements tvl(api) fetching Main and StrategyController accounts, resolving mints, and summing deposited vault values; exports timetravel: false, methodology, doublecounted: true, and solana.tvl.
Default adapter export projects/reflect/index.js	Documents the two Reflect adapter variants and exports ./v2.js as the default adapter.

Estimated code review effort: 3 (Moderate) | ~25 minutes

Suggested reviewers: RohanNero

Sequence Diagram(s)

sequenceDiagram
  participant api as Adapter API
  participant rpc as Solana RPC
  participant allium as Allium
  participant adaptor as Reflect V1 adapter

  api->>adaptor: tvl(api.timestamp)
  adaptor->>adaptor: check DEAD_FROM_TS
  alt timestamp before cutoff
    adaptor->>allium: query solana.assets.balances_daily
    allium-->>adaptor: daily receipt balances
    adaptor->>api: add underlying mint balances
  else timestamp at or after cutoff
    adaptor-->>api: return without TVL
  end
  adaptor->>rpc: fetch Main and StrategyController accounts
  rpc-->>adaptor: account data
  adaptor->>api: add live deposited_vault_value balances

Loading

🚥 Pre-merge checks | ✅ 5

✅ Passed checks (5 passed)

Check name	Status	Explanation
Docstring Coverage	✅ Passed	No functions found in the changed files to evaluate docstring coverage. Skipping docstring coverage check.
Linked Issues check	✅ Passed	Check skipped because no linked issues were found for this pull request.
Out of Scope Changes check	✅ Passed	Check skipped because no linked issues were found for this pull request.
Title check	✅ Passed	The title clearly summarizes the main change: adding Reflect V1 and V2 Solana TVL adapters.
Description check	✅ Passed	The description is mostly complete and covers the template’s listing info, methodology, and required protocol metadata.

✨ Finishing Touches

🧪 Generate unit tests (beta)

• Create PR with unit tests

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[github-actions]

The adapter at projects/reflect exports TVL:

solana                    0.00

total                    0.01