Spool logo smart contract audit by ChainSecurity

Spool V2 Smart Contracts

Security Audit

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The most critical subjects covered in our audit are functional correctness, access control, denial-of-service, precision of arithmetic operations, and reentrancy. Security regarding all the aforementioned subjects is good.

The general subjects covered are gas-efficiency, documentation, and error handling.

In summary, we find that the codebase provides a good level of security.

It is important to note that security audits are time-boxed and cannot uncover all vulnerabilities. They complement but do not replace other vital measures to secure a project.

About Spool V2 Smart Contracts

Spool implements a system for meta-strategies where users invest in vaults that then collectively invest in strategies that interact with third-party DeFi systems.

“Introducing Spool V2, the next evolution in our DeFi infrastructure designed for institutions and professionals. Building on our V1 proof of concept, V2 offers exponential enhancements in efficiency, composability, utility, and security.”

Source: “https://medium.com/spoolfi/spool-v2-your-gateway-to-institutional-grade-defi-6f61f85feba4”

Security is a top priority for Spool DAO, so we want to work with the best in the business. The ChainSecurity audit we recently had proved exactly why they are so highly recognised in the industry.

As you’d expect, they ran a detailed examination of the codebase with a focus on known attack vectors and product use cases. But, as well, their engineers did so in a friendly, engaged, and proactive way meaning the process ran smoothly and easily.

Simon Schaber, Lead Builder, Spool DAO
Simon Schaber, Lead Builder, Spool DAO