Assessment reports>Wasabi Perps
Wasabi
January 9, 2024
Wasabi Perps
Findings Impact LevelCount
Critical
2
High
1
Medium
1
Low
4
Informational
2
CriticalHighMediumLowInformational
Prepared by
Filippo CremoneseEngineer[email protected]
Seunghyeon KimEngineer[email protected]
Jisub KimEngineer[email protected]
About

Wasabi Perps is a asset backed perpetual trading protocol. It uses margin vaults to provide margin loans to users where they can purchase the underlying asset with leverage.

A trader can go long and short with leverage. The leverage is supplied by LPs depositing ETH or ERC20 tokens into vaults. The LPs earn interest in return.

Executive Summary

Zellic conducted a security assessment for Wasabi from [January 3th to January 8th, 2024]. During this engagement, Zellic reviewed Wasabi Perps's code for security vulnerabilities, design issues, and general weaknesses in security posture.

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