Rapid kinetic studies of the unfolding of the small protein barstar by
urea have been used to demonstrate the presence of at least two unfol
ding intermediates on two competing unfolding pathways. One intermedia
te has native-like secondary structure but has a partially solvated hy
drophobic core, while the other is devoid of considerable secondary st
ructure but has an intact hydrophobic core. It is shown that the trans
ition states on the two pathways are very dissimilar structurally, but
very similar energetically.