🛡️Security

Moonwell Security Measures

Moonwell prioritizes security and reliability above all else. This page outlines the comprehensive security measures implemented to protect user funds, mitigate risks, and maintain system integrity.

Security Audits

Moonwell smart contracts undergo thorough audits by top-tier security firms to identify and address potential vulnerabilities. These audits ensure the protocol follows industry best practices and maintains a strong security posture.

Moonwell works with Halborn Security, a leading blockchain security firm, to provide continuous monitoring and vulnerability scanning services for the protocol. Their services helps to identify and address emerging threats promptly, maintaining ongoing protocol security.

Price Oracle Infrastructure

Base and OP Mainnet: Chainlink Price Oracles

Moonwell uses Chainlink Price Oracles on Base and Optimism Mainnet to deliver accurate, tamper-resistant price data. Chainlink's multi-layered security approach with data aggregation protects against price manipulation attacks.

Moonbeam: API3 Data Feeds

On Moonbeam, API3 data feeds provide price data directly from source APIs without third-party intermediaries. This architecture minimizes trust assumptions and maximizes data integrity.

Risk Management and Economic Analysis

Moonwell collaborates with Anthias for financial modeling tools and economic simulations. Anthias assesses potential economic risks and optimizes risk parameters through data-driven analysis.

Their risk management dashboard provides insights for informed governance decisions, helping maintain protocol stability across different market conditions.

Code4rena Bug Bounty Program

Moonwell offers a bug bounty program through Code4rena, rewarding security researchers up to $250,000 for discovering and responsibly disclosing vulnerabilities. This proactive program strengthens protocol security through community engagement.

For more information on the bug bounty program, refer to the documentation on Code4rena.

Safety Module

The Moonwell Safety Module provides an additional protection layer against unexpected events such as:

• Smart contract exploits

• Liquidation failures

• Oracle malfunctions

This safety mechanism enhances protocol resilience and adds extra security for users.