From Jan. 9 to Feb. 13, Tonic engaged Veridise to review the security of their Tonic-Perps project. The review covered the on-chain contracts that implement the protocol logic. Veridise conducted the assessment over 12 person-weeks, with 3 engineers reviewing code over 4 weeks. The auditing strategy involved an analysis of the source code performed by Veridise engineers involving extensive manual auditing.