Security
The Tenor platform is built on the Morpho smart contracts smart contracts powering the platform have undergone multiple security reviews, formal verification, comprehensive testing, and are covered by a bug bounty program to follow best practices.
Morpho Smart Contracts
The Tenor platform is built on top of the Morpho smart contracts, which have undergone multiple security reviews from leading security firms.
As part of its commitment to security, Morpho provides a bug bounty of up to $2,500,000 for reporting critical issues.
Tenor Smart Contracts
The Tenor platform also offers additional smart contracts that provide automation products and conditional execution products:
- Auto-renewal of positions to a longer dated fixed term
- Auto-renewal of positions to an open term (from Morpho V2 to Morpho V1)
- Enable delayed liquidations with a grace period once a borrower breaches his liquidation LTV.
- Morpho metamorpho v1.1 vault ownership contract, making vaults v1.1 allocation immutable to a single Morpho v1 market with restricted controls.
Tenor Security Framework
The Tenor smart contracts have undergone:
- Security Reviews from leading security firms (see below)
- Formal verification using the Certora Prover
- Extensive Fuzzing runs using Echidna
- Extensive testing
- Integration tests
- Unit tests
- Mutation testing
Tenor smart contracts are open-source and available on GitHub.
Tenor smart contracts are covered by a bug bounty program of up to $250,000 for reporting critical issues.
Tenor Security Reviews
| Auditor | Type | Date | Scope | Report Link |
|---|---|---|---|---|
| Cantina | Security Competition | Planned | Tenor Auto-Rolling Contracts & Callbacks | Coming Soon |
| Blackthorn | Security Review | Planned | Tenor Auto-Rolling Contracts & Callbacks | Coming Soon |
| Enigma Dark | Fuzzing Review | Planned | Tenor Auto-Rolling Contracts & Callbacks | Coming Soon |
| Obsidian Audits | Security Review | Planned | Tenor Auto-Rolling Contracts & Callbacks | Coming Soon |
| Alex Zoid | Formal Verification (Certora Prover) | Planned | Tenor Auto-Rolling Contracts & Callbacks | Coming Soon |