Risk and Security

Tenor is designed with security as a core principle. The smart contract powering the platform will undergo formal verification, comprehensive testing, third-party audits, and a bug bounty to ensure reliability and minimize risk across all components. Learn more about Tenor's security practices here.

For a detailed overview of the platform's risks, read the Tenor risk disclosures.

Oracle risk

Each Morpho market relies on a price oracle defined at market creation. Some oracles may be vulnerable to manipulation, potentially leading to inaccurate pricing, liquidations, or bad debt. When assessing oracle risk, consider the oracle's security, update frequency, and degree of decentralization.

How are wallets created when signing up by email or Google?

When signing up by email or Google, a new wallet is created for the user with Privy. Learn more about Privy's terms of service here and the risks of using Privy here.

Have Morpho and Tenor smart contracts been audited?

Yes, both Morpho and Tenor smart contracts have undergone audits. You can review past audit reports here. Smart contracts carry inherent risks, users should read the Tenor risk disclosures before interacting with the Tenor.