Security
Last updated
Last updated
VirtuSwap smart contracts have been audited by several audit firms, including CertiK and Pessimistic. You can find the full audit reports .
VirtuSwap Tokenomics smart contracts were audited by Hacken. You can find the tokenomics audits .
In addition, all VirtuSwap smart contracts and front-end are undergoing a community bug bounty program administered by HackenProof (see here: and ).
VirtuSwap testnet app was live for several months before the mainnet launch, and tested extensively by the community.
In addition to the inherent technological risks of using smart contracts, interacting with DEX protocols embed financial risks associated with the specific tokens involved in the interaction. Thus, for example, providing liquidity to a pool composed of tokens A and B, entails a risk of one of the tokens losing value due to the project status or the smart contracts related to that token.
VirtuSwap DEX unique pool architecure that enables increased capital efficiency entails an additional risk of exposure to tokens that can be held by the pool as Reserves. This risk is mitigated by implementing a hard cap to the total value of Reserves a pool can hold at any given time, but you should review the list of approved tokens as Reserves to make sure you understand all associated risks.
VirtuSwap DEX smart contracts were audited, but there is no guarantee of a risk-free environment, as hackers constantly try to find new attack vectors.
VirtuSwap smart contracts are not upgradable, and the admin keys are used only to adjust specific parameters of the protocol. No one can change the smart contracts code.
As the VirtuSwap DEX is a decentralized platform, it is governed by a DAO with the help of VRSW tokens. Admin keys of the protocol are held by a multi-signature wallet, which operates under the full discretion of the VirtuSwap DAO.