Put . For the equatorial geodesic, the geodesic Lagrangian is , where dots denote derivatives with respect to the affine parameter. The cyclic coordinates give constants and . A third constant is the tangent norm , preserved by the geodesic equation and metric compatibility. For a timelike geodesic rescale the affine parameter to proper time so ; for a null geodesic .
Substitute , into the norm identity and multiply by . It gives the effective potential equation
Outside the horizon , its derivative is . A nontrivial circular null geodesic requires , giving
For a circular timelike geodesic,
At it , and its radius exceeds . If no finite circular timelike radius exists. Thus all finite circular null and timelike orbits in this five-dimensional exterior are radially unstable. The energy of a circular orbit is fixed by , not independently arbitrary.
For comparison, with four-dimensional Schwarzschild horizon radius , the photon circle is at and is unstable. Circular timelike orbits exist for ; they are unstable below , marginal at and stable above . The five-dimensional potential has no corresponding stable outer circular timelike branch.

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