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Venture23: Verulend audit report

Project Information

CATEGORY

Smart Contracts

NETWORK

Aleo

DESCRIPTION

From Aug. 19, 2025 to Sep. 2, 2025, Venture23 engaged Veridise to conduct a security assessment of their Verulend protocol. The engagement focused on reviewing the Leo smart contracts associated with the Verulend project. Veridise conducted the assessment over 22 person-days, with 2 security analysts reviewing the project over 11 days. The review strategy involved a thorough, manual review of the program source code performed by Veridise security analysts.

Audit Report

DURATION

22 person-days

COMPLETED

November 17, 2025

SCOPE

The scope of this security assessment is limited to the following files within the (aleo/programs) folder of the source code provided by the Verulend developers, which contains the smart contract implementation of Verulend.

  • amm_admin_v006.leo
  • amm_council_impl_v001.leo
  • amm_instant_cr_v004.leo
  • amm_interface_liquidation_v002.leo
  • amm_interface_v007.leo
  • amm_oracle_interface_v002.leo
  • amm_oracle_v004.leo
  • amm_program_checksums.leo
  • amm_reserve_state_v004.leo
  • amm_treasury_v002.leo
  • amm_user_state_v004.leo
Total Findings
0
Mitigated
0
Critical Severity
0
High Severity
0
Medium Severity
0
Low Severity
0

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