Security

Security & audits

Reserve aims to establish a robust and stable asset-backed currency platform. However, this necessitates the implementation of an additional layer of smart contracts, introducing an extra level of smart contract risk.

The Reserve team is aware of these tradeoffs and has prioritized security by undergoing multiple audits conducted by the world's leading security firms.

Smart contract security audits

Auditor	Date	Scope	Report Link
Trail of Bits	Aug 2022	Protocol	Report, Fix Review
Solidified	Oct 2022	Protocol	Report
Ackee	Oct 2022	Protocol	Report
Halborn	Nov 2022	Protocol	Report
Code4rena	Mar 2023	Protocol v 2.1.0	Report
Code4rena	Jun 2023	Protocol v 3.0.0 (core)	Report
Code4rena	Jul 2023	Protocol v 3.0.0 (collaterals)	Report
Trust Security	Jan 2024	Protocol v 3.1.0	Report
Trust Security	Feb 2024	Protocol v 3.2.0	Report
Solidified	Apr 2024	Protocol v 3.3.0	Report
Trust Security	May 2024	Collateral plugins	Report
Trust Security	May 2024	Upgrade Spell v 3.4.0	Report
Solidified	Jun 2024	Protocol v 3.4.0	Report
Trust Security	Jul 2024	Collateral plugins	Report
Trust Security	Jul 2024	Collateral plugins	Report

Bug bounty

In addition to undergoing numerous audits, the Reserve team would like to motivate the community to undertake their own audits and will reward individuals who responsibly disclose any vulnerabilities they find.

Bug bounty of $10,000,000

Reserve has partnered with Immunefi for establishing a bug bounty program. See additional details of the program, or report any findings here: https://immunefi.com/bounty/reserve/

Risks

For a detailed overview of potential risks and risk-mitigation strategies, see the Risks page