Project Information
CATEGORY
De-Fi Protocols
NETWORK
Ethereum
WEBSITE
https://www.ribbon.finance
DESCRIPTION
From Mar. 20 to Mar. 26, Ribbon engaged Veridise to review the security of their Aevo OTC protocol. The review covered the additions to the on-chain contracts of Rysk Finance’s Gamma Protocol. Veridise conducted the assessment over 2 person-weeks, with 2 engineers reviewing code over 1 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
SCOPE
The audit reviewed the additions that Ribbon made to the fork of Rysk Finance’s Gamma Protocol for their Ribbon protocol. This included behaviors corresponding to order placement, order execution, collateral management and vault settlement. When conducting the audit, Veridise engineers first reviewed the provided documentation and test cases to understand the high-level design and intended behavior of the protocol. The auditors then performed a week-long security audit of the code with the assistance of both static analyzers and automated testing.