What types of DeFi protocols do you audit?

DEXs (AMMs and order books), lending/borrowing protocols, yield aggregators, staking platforms, liquid staking derivatives, stablecoins, and synthetic asset platforms.

Do you test for flash loan attacks?

Yes. Economic attack modeling is a core part of our DeFi audit methodology. We simulate flash loan vectors targeting price oracles, governance, collateral calculations, and any state that can be manipulated within a single transaction.

How do you audit oracle dependencies?

We analyze the oracle source (Chainlink, Uniswap TWAP, custom), check for staleness handling, evaluate manipulation resistance under different liquidity conditions, and verify fallback behavior.

What if our protocol integrates with other DeFi protocols?

Composability risk is a primary focus. We map all external integrations, analyze callback vectors, verify token standard compliance edge cases, and model cross-protocol attack scenarios.

DeFi Protocol Security Audits

DeFi protocols are the highest-value targets in crypto. They combine complex financial logic with composable external dependencies, a surface area that generic smart contract audits don't fully cover. Our DeFi audits go beyond code review into economic attack modeling, oracle dependency analysis, and governance risk.

Request an Audit

Why DeFi Protocols Need Specialized Audits

Crypto exploit losses totaled over $3.4 billion in 2025, with DeFi protocols accounting for a significant share. The pattern is consistent: code that passes a standard audit gets exploited through economic attack vectors: flash loan manipulation, oracle price feed attacks, governance hijacking, and composability exploits that emerge from interactions between protocols.

A standard smart contract audit checks for code-level bugs. A DeFi audit must also model economic incentives, validate oracle assumptions, stress-test liquidation mechanisms, and verify that governance can't be weaponized. The difference between the two is often the difference between a safe protocol and a drained one.

Our Methodology

Our DeFi audit methodology covers the full attack surface: code, economics, and external dependencies.

Protocol Architecture Review

Map the full system: contracts, oracles, governance, external integrations, upgrade paths, and fund flows. Identify every trust assumption.

Code-Level Audit

Manual review and automated analysis of all smart contracts. Standard vulnerability classes plus DeFi-specific patterns.

Economic Attack Modeling

Flash loan attack simulations, oracle manipulation scenarios, sandwich attack analysis, and liquidity-dependent exploit paths.

Oracle & Dependency Analysis

Evaluate price feed sources, staleness checks, fallback mechanisms, and manipulation resistance under adversarial conditions.

Governance & Access Control Review

Analyze admin privileges, timelock configurations, multisig thresholds, and governance attack vectors.

Report & Remediation

Findings rated by severity and exploitability. Re-audit of all fixes included.

Vulnerability Classes We Target

These are the vulnerability patterns most relevant to this audit type: the ones that cause real losses.

Flash Loan Attacks

Atomic transactions that borrow, manipulate, and profit in a single block. Target price calculations, voting power, and collateral valuations.

Oracle Manipulation

Price feed attacks via low-liquidity pools, TWAP manipulation, or stale data exploitation. Can trigger incorrect liquidations or mint unbacked assets.

Governance Hijacking

Acquiring voting power via flash loans or token accumulation to pass malicious proposals: fund drains, parameter changes, or contract upgrades.

Composability Exploits

Unexpected interactions between protocols: reentrancy via callback hooks, token standard edge cases, or cross-protocol state dependencies.

Liquidation Failures

Cascading liquidation scenarios that exceed available liquidity, leaving protocols with bad debt during market crashes.

Sandwich Attacks & MEV

Front-running user transactions to extract value from slippage. Particularly impactful on DEXs and lending liquidations.

Frequently Asked Questions

Related Services

Solidity Audits

Line-by-line Solidity smart contract audits combining manual review, static analysis, and fuzzing. Severity-rated findings with actionable remediation.

Rust Audits

Security audits for Rust-based smart contracts on Solana, CosmWasm, and NEAR. Manual review of account validation, CPI safety, and program logic.

Formal Verification

Mathematical formal verification of smart contract properties. Prove critical invariants hold under all possible inputs, not just tested ones.

Related Research

exploits

Aave's $27M Liquidation Incident: How a Stale Oracle Parameter Wiped Out 34 Users

A desynchronized oracle parameter caused Aave to undervalue wstETH by 2.85%, triggering $27M in wrongful liquidations across 34 users. Full technical breakdown.

research

What $10.77 Billion in Hacks Reveals About Audit Effectiveness

Analysis of 100 largest protocol hacks totaling $10.77B. Only 20% were audited, but the ones that were share a pattern. Firm comparison, verified exploit data, pricing, and evaluation criteria.

Secure Your Protocol

Get a quote for your defi security engagement. We respond within 24 hours.

Request an Audit