Page cover image

Audits

Security is Our Top Priority

Smart contract risk is highly prevalent among DeFi protocols. One of Usual’s top priorities is to mitigate and reduce the potential risk from the underlying Usual smart contracts by conducting in-depth audits aimed at identifying potential vulnerabilities, logical errors, or inefficiencies and further by conducting continuous security monitoring of the smart contracts. The audits are conducted by leading industry experts and will be used to enhance trust through proper risk and security management on the smart contracts.

Completed Audits

Usual employs a multi-phased audit program to achieve the highest level of protocol security.

Phase 1 (Nov-Dec 2023):

  • vCISO Program: Conducted with Spearbit

  • Security Researcher: Stermi (Former Maker, Morpho Auditor)

Phase 2 (Jan-Feb 2024):

  • Security Audit: Smart contracts audit by Bailsec

  • Lead Researcher: Unrevealed

Phase 3 (Feb-Mar 2024):

  • Audit Review: Conducted by Bailsec

Phase 4 (April 2024):

  • 2nd vCISO Program: Conducted with Spearbit

  • Security Researcher: D-Nice

Phase 5 (May & June 2024):

Spearbit Cantina Report for Permissionless launch
Spearbit Cantina Report for Permissionless launch
  • Codebase Simplification: Replacing the "mint engine" with the "swap engine"

  • Cantina Managed Audit Phase 1: Permissioned launch smart contracts audit

  • Cantina Managed Audit Phase 2: Permissionless launch smart contracts audit

  • Lead Security Researcher: xmxanuel

  • Security Researcher: deadroses

  • Associate Security Researcher: jonatas

Phase 6 (June 2024):

Pegasus Audit Competition run by Cantina

This holistic audit approach ensures that Usual remains secure, reliable, and trustworthy, providing users with a robust decentralized finance platform. For more detailed information on our security measures or to report a potential vulnerability, please contact our security team at security@usual.com.

Last updated