# Filtered Protocols

With the guidance of Goldsand's Shariah Committee, we have identified multiple application categories that are classified as impermissible from a Shariah perspective. Deployed protocols that match these categories are blacklisted. Transactions \
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The impermissible application categories are listed below

1. Lending protocols\
   Examples: Kamino (Solana) Aave, Compound (Ethereum)
2. CDP (collateralized Debt Positions)\
   Example: Hubble (Solana), Maker (Ethereum)
3. Leverage trading protocols\
   Example: Gearbox
4. Derivative Protocols \
   These include options, perpetual contracts (Perps). \
   Example: Jupiter Perps (Solana) Opyn, dYdX v3 (Ethereum)
5. Lending-based yield optimizers\
   Example: Pendle
6. Basis Trade Stablecoins\
   Example: Ethena&#x20;
7. Synthetics\
   Example: Synthetix
8. RWAs based on treasuries\
   Example: Ondo Finance, Hashnote, Mountain
9. Governance token of impermissible protocols\
   Example: KMNO, MKR, Aave, Ondo
10. Insurance Protocols\
    Example: Nexus Mutual
11. Yield-bearing assets with impermissible yield\
    Example: DAI, Ondo's USDY, Hashnote's USYC
