SatLayer contributed the following description of the SatLayer project:

SatLayer is a shared security platform designed to leverage Bitcoin as the primary security collateral. By deploying as a set of smart contracts on Babylon, SatLayer enables BTC restakers to secure any type of dApp or protocol as a Bitcoin Validated Service (BVS).

Zellic conducted a security assessment for SatLayer from January 14th to January 15th, 2025. During this engagement, Zellic reviewed the Deposit contract's code for security vulnerabilities, design issues, and general weaknesses in security posture.

We were asked to review a patch to the Deposit contract, which introduced a new version of the SatlayerPool contract, based on the previous version.