This retrograde motion with an orbital inclination of 103° suggests that it is the missing link between its source in the Hills cloud and Halley-type comets, thus providing further insight into the evolution of the outer Solar System.

Officially discovered on 31 May 2008, the discovery was announced on 16 July 2008, by the Canada–France Ecliptic Plane Survey team led by Brett Gladman.

The discovery of 2008 KV42 was announced on 16 July 2008 by the Canada–France Ecliptic Plane Survey team led by Brett Gladman from the University of British Columbia.

The discovery was made using images obtained on 31 May from the 3.5-meter Canada-France-Hawaii Telescope, followed by further observations until 8 July from the Whipple Observatory and Cerro Tololo.

[2][10] The discovery team nicknamed 2008 KV42 Drac because of its high inclination in reference to its orbital plane resembling Count Dracula's ability to walk on walls.