Feb 26, 2025
Introducing a series of initiatives that we named: Operation Spring Cleaning
Since 2021, our comprehensive asset risk analyses have consistently revealed concerning flaws in access controls and inadequate bug bounty programs across DeFi. As advisors to industry leaders like Aave, Curve, and Ethena, we're committed to elevating security standards throughout the ecosystem.
Our due diligence has already delivered results. Recently, we identified a critical access control vulnerability in Kelp protocol's L2 deployments that threatened bridge funds, and we've successfully pushed multiple protocols to implement or strengthen their bug bounty programs.
In the coming months, we'll introduce a rating system for onboarded protocols with clear, actionable recommendations. Our new dashboard will track critical security metrics including bug bounties, access controls, timelocks, and proxies.
Stay tuned!