Panther: Panther Protocol audit report
Project Information
CATEGORY
Zero-knowledge
NETWORK
Ethereum
WEBSITE
https://www.pantherprotocol.io/
DESCRIPTION
From Sep. 12, 2025 to Sep. 15, 2025, Panther engaged Veridise to conduct a security assessment of an enhancement in the Panther Protocol. The security assessment evaluated the enforcement logic of transfer limits within the protocol’s primary zero-knowledge funds transfer circuit. Compared to the previous version, which Veridise has reviewed previously, the new version enables users to create self-destined unspent transaction output (UTXO) without being constrained by the internal transaction limit. Veridise conducted the assessment over 4 person-days, with 2 security analysts reviewing the project over 2 days. The review strategy combined tool-assisted analysis of the program’s source code with an in-depth manual code review.
Audit Report
SCOPE
The scope of this security assessment was limited to the changes to a single file:
- circuits/circuits/zSwapV1.circom
This is a ZK circuit implementing the core swapping and transfer logic of the Panther Protocol.