Summary
The most critical subjects covered in our audit are frontrunning, effect of withdrawal delays, and jumps in value because of slashings. Security regarding all the aforementioned subjects is high.
The general subjects covered are accounting of assets, and correct integration. Security regarding all the aforementioned subjects is high.
In summary, we find that the codebase provides a high level of security.
It is important to note that security audits are time-boxed and cannot uncover all vulnerabilities. They complement but don't replace other vital measures to secure a project.
About Swell Symbiotic-Aera Adapter
Swell implements Symbiotic-Aera Adapter, an adapter smart contract that allows the Aera treasury management protocol to deposit funds in the Symbiotic restaking protocol. Swell intends to use this within the scope of the swBTC project, to allocate WBTC to Symbiotic through a managed Aera vault.
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"Swell is a non-custodial staking protocol with a mission to deliver the world’s best liquid staking and restaking experience, simplify access to DeFi, while securing the future of Ethereum and restaking services."
ChainSecurity delivered a prompt and highly professional audit of our swBTC restaking vault. Their quick response, thoroughness, and attention to detail have greatly enhanced the trust in our product. We’re eager to collaborate with them again in the future.
Chris Matthias, Head of Operations