From May 15, 2023 to May 26, 2023, Prime Protocol Inc. engaged Veridise to review the security of their Prime Protocol. The review was conducted as a follow-up in response to the issues discovered during a previous audit that Veridise conducted for Prime Protocol Inc. two months earlier in March 2023 . In addition to the files covered in the previous audit, this audit also covers the smart contract source code that was not in scope in the last audit, which includes the oracle module, the treasury module, and the staking module. Veridise auditors were also specifically requested to prioritize a security assessment of the rebasing logic support, which was related to many of the issues uncovered during the previous audit. Veridise conducted the assessment over 4 person-weeks, with 2 engineers reviewing code over 2 weeks. The auditing strategy involved a tool-assisted analysis of the source code performed by Veridise engineers as well as extensive manual auditing.