🔐 Kudelski Security Completes a Detailed Security Assessment of Friktion + Bug Bounty

by: Friktion Core Contributors

Security is the highest priority at Friktion

We are proud to share the results of Friktion’s smart contract audit by Kudelski Security, a leader in blockchain security and one of the earliest auditors of Solana.

Conclusion: No findings of critical or high severity were found during the review.

View the detailed report here: Security Assessment of Friktion Portfolio Management Smart Contracts

This report summarizes the engagement, tests performed, and findings. It also contains detailed descriptions of the discovered vulnerabilities, steps the Kudelski Security Teams took to identify and validate each issue, as well as any applicable recommendations for remediation.

This is a huge milestone for us and reaffirms our confidence in the Friktion smart contracts among other code audited, for which the Anchor framework was foundational. It is important to note that no code audit or assessment is a guarantee of the absence of flaws.

We will be continuously updating Friktion Security Documentation going forward as we begin another audit on our evolving codebase.

Going forward

We are in the process of open sourcing the codebase as we add some of the informational / general recommendations from Kudelski. Friktion will be starting with a $100,000 bug bounty for critical or high severity security vulnerabilities identified. Please direct any and all inquiries to team@friktionlabs.com!

About Friktion

Friktion is DeFi’s leading protocol for risk-managed yield strategies. Friktion’s 4 core products, known as Volts, are building blocks for portfolios that can perform across market cycles. The platform has amassed over 17,000 users and traded >$2bn in volume. Friktion protocol’s mission is to enable access to long-term sustainable DeFi yields.

Learn more at app.friktion.fi

Still have questions? Find us in Discord!

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Friktion brings high quality portfolio management to DeFi.

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