Project Information

CATEGORY

Cross-Chain Protocols & Bridges

NETWORK

Ethereum

DESCRIPTION

From Mar. 9, 2023 to Mar. 31, 2023, Prime engaged Veridise to review the security of their Prime Protocol. The review covered an extension to the Prime Protocol that implements a new money markets feature that allows users to borrow from collateral token deposits. Compared to the previous version, which Veridise has audited previously, the code has been significantly revised to accommodate the new feature. Veridise conducted the assessment over 6 person-weeks, with 2 engineers reviewing code over 3 weeks. The auditing strategy involved a tool-assisted analysis of the source code performed by Veridise engineers as well as extensive manual auditing

Audit Report

DURATION

6 person-weeks

COMPLETED

April 11, 2023

SCOPE

The scope of this audit is limited to the the following files:

  • The files that both (1) were in scope in the previous audit; and (2) are contained in one of the following folders:
    • ecc
    • interfaces
    • master
    • middleLayer
    • satellite
    • util
  • The following new source files written by the developers:
    • satellite/pToken/extensions/*
    • satellite/pToken/implementations/*
    • satellite/requestController/*
    • master/irm/implementations/doubleLinear/*

Several files/components were also explicitly excluded from the scope, including:

  • ECC.sol
  • Axelar.sol
  • Wormhole.sol
  • PrimeOracle.sol
  • ChainlinkFeedGetter.sol
  • Staking.sol
  • MultiStaticCall.sol
  • Treasury.sol

During the audit, the Veridise auditors referred to the excluded files but assumed that they have been implemented correctly.

Total Findings
0
Mitigated
0
Critical Severity
0
High Severity
0
Medium Severity
0
Low Severity
0

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