Parallel Finance
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    • Parallel Network
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        • Mainnet Contracts
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        • Deploy Your Contracts
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        • Sepolia Faucet
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      • Points and Airdrop
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        • Bridge
          • Run a DVN oracle client
    • System
      • Parallel as First Cross-Margin NFT Lending Protocol
        • Supply and Borrow NFTs and ERC-20s
          • NFT Utility and Delegated Rights
          • Get Credit for Rare NFTs
          • Chainlink NFT Floor Price Oracles
          • Use Aave's aTokens and Compound's cTokens
        • Buy and Bid with Credit
          • Technical Details - Leverage Buy of NFT
          • Bid for NFT with Credit
          • List and Swap NFT's Used as Collateral
        • Account Abstraction
        • Liquidation
          • Protect NFT Borrowers and Lenders via Dutch Auction Liquidations
      • Points System
      • Risk Framework
        • Asset Risk
        • Liquidity and Interest Rates on ERC-20 Fungible Tokens
        • Correlations and Risks of Borrowing Against NFT's
        • Evaluation of NFT Collections for Borrowing
          • NFT Liquidation Shortfall Study and Protocol Risk
          • How Much Should we Care about NFT Floor Prices?
      • Staking and Derivative Token Yield Management
        • ApeCoin Staking with Bored Ape Yacht Club NFT's
          • Choosing Between Peer 2 Pool Ape Coin Staking versus Peer 2 Peer Matching
          • Auto-Repay on ApeCoin Loans to Maximize Returns on Staking
          • Distribution of $APE and NFT Holders
          • ApeCoin Staking FAQ's
          • Auto-Compounding Substantially Boosts ApeCoin Staking Yields
        • Active Uniswap V3 LP Strategies
          • Delta Hedge Uniswap V3 LP Positions - LP with Less Price Risk
        • Borrow Against Uniswap V3 LP Tokens
          • Uniswap V3 LP Token Analyzer
          • Dynamics and Stability of Value of Uniswap V3 LP Tokens
          • Uniswap V3 LP Leverage Yield Farming (ERC20)
          • LP Collateral Configuration
          • Supporting Functions
          • Remediation of Potential Exploit
          • Liquidation Threshold Calibration of LP Tokens
          • Scenarios-Specific Exmaples
          • Potential Use Cases
      • Instant Unstake for Ethereum Staking Derivative Tokens
        • Borrow Against and Redeem stakefish Staking NFT's
        • Instant Unstake on Individual ETH Beacon Chain Staking Nodes
        • Setting Interest Rates for ETH Instant Unstake Loans
        • Focus on Lido's stETH to Support other Liquid Staking Derivatives
      • Migration
        • ParaX Medal NFTs
        • Migration Handbook
        • 迁移手册中文版
      • Product Guide & Walkthrough
        • Ape Staking Guide
          • Ape Staking My Earnings and Calculator FAQ
          • ApeStaking 使用説明
        • Miscellaneous
          • Other Protocol Position Mover
          • Manual Repay USDT step-by-step
      • Protocol Security and External Audits
        • External Audits
        • Withdrawal and Borrow TimeLock
        • Contracts Timelock
      • Developer Docs
        • NFT Price Oracle
          • Research
          • Research II
        • ERC-20 Price Discovery
        • Liquidation
          • Liquidation Bot
        • Flash Claim
        • TimeLock on Parallel Withdrawals and Borrows
        • Access Control
        • Ape Auto Compound
        • ParaProxy EIP-2535 Operations
        • Deployed Contracts
          • V1 Mainnet Addresses
          • V1 Testnet Addresses
          • V1 Forked Mainnet Addresses
          • Flashloan Liquidator Addresses
          • V2 Mainnet Addresses
        • Smart Contract Interfaces
          • WETHGateway
          • WPunkGateway
          • DefaultReserveInterestRateStrategy
          • DelegationAwarePToken
          • ATokenDebtToken
          • PTokenStETH
          • PToken
          • StETHDebtToken
          • VariableDebtToken
          • RebasingPToken
          • DebtTokenBase
          • RebasingDebtToken
          • PTokenAToken
          • ScaledBalanceTokenBaseERC20
          • UserFlashclaimRegistry
          • WalletBalanceProvider
          • UiPoolDataProvider
          • PoolAddressesProviderRegistry
          • PoolAddressesProvider
          • UiIncentiveDataProvider
          • DefaultReserveAuctionStrategy
          • MintableIncentivizedERC20
          • ProtocolDataProvider
          • PoolCore
          • PoolParameters
          • PoolLogic
          • PoolStorage
          • PoolConfigurator
          • PoolApeStaking
          • PoolMarketplace
          • UniswapV3OracleWrapper
          • ParaSpaceOracle
          • ERC721OracleWrapper
          • NFTFloorOracle
          • ParaSpaceFallbackOracle
          • AirdropFlashClaimReceiver
          • LooksRareAdapter
          • SeaportAdapter
          • X2Y2Adapter
          • ACLManager
          • ParaProxy
          • BaseImmutableAdminUpgradeabilityProxy
          • ReserveConfiguration
          • UserConfiguration
          • MintableIncentivizedERC721
          • NToken
          • NTokenApeStaking
          • NTokenBAYC
          • NTokenMAYC
          • NTokenMoonBirds
          • NTokenUniswapV3
        • APE Staking
        • Parallel Container Proposal
        • GraphQL API
      • Future Work and Research
        • Borrow NFT
          • Major Challenges
          • NFT Shorting Mechanism
          • Leverage Borrow and Repay
          • Above and Beyond Shorting
          • NFT Interest Rate Model
          • Liquidation of Short Position on NFT
        • Multi-Chain Support
    • Polkadot App
      • Parallel Finance Overview
      • Parallel Finance Whitepaper
      • Parallel x Ledger Hardware Wallet
      • Security
      • Research
        • Liquidation Free Loans
      • Developer Docs
        • Staking
          • Overview
          • Architecture
          • Funds Distribution
          • Exchange Rate Model
          • Merkle Proof
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          • Selected Validators
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            • Rust Docs
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          • Supply and Borrow
          • Interest Rate Model
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      • Parallel: Product Guides
        • Liquid Staking Guide
          • Instant Unstake
        • Money Market Guide
          • Liquidation Free Loan
          • Risk Parameters
        • AMM Guide
          • How to swap KSM/HKO
        • Cross-Chain Bridge Guide
          • How to send USDT to Parallel or Parallel Heiko
          • How to send KSM to Parallel Heiko App
        • DOT Liquid Crowdloan Guide
          • DOT Liquid Crowdloan FAQ
        • Crowdloan v2: Kusama Project Onboarding
        • Token Faucet
        • Testnet Guide
          • Onboarding
          • polkadot{.js} - Connect wallet
          • Testnet Experience
          • Features in Progress
        • Glossary
      • Parachain Crowdloans
        • Parallel PARA Crowdloan
          • How to Claim
          • How to Contribute
          • How to unstake DOT on Polkadot{.js}
          • Parallel ($PARA) Token
          • Crowdloan FAQ
        • Parallel Heiko Crowdloan
          • How to claim HKO Rewards
          • How to Contribute
            • How to Connect your Wallet
          • How to unstake KSM on Polkadot{.js}
          • Heiko ($HKO) Token
          • FAQ
      • Node Operations
        • Run Full Node
        • Resources
      • Bug Bounty Program
      • Wallet Overview
      • Connect Wallet Integration
      • Wallet Extension User Guide
      • Wallet Extension Whitepaper
      • Wallet Extension FAQ
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On this page
  • Protocol Audits
  • Ongoing Zero-Day and Real-Time Monitoring
  • ApeCoin Auto-Compounding Audits
  • P2P Ape-Staking & nBAKC Staking Audits
  • Bug Bounty
  1. Deprecated
  2. System
  3. Protocol Security and External Audits

External Audits

Last updated 12 months ago

At Parallel, security is our top priority and we invest significant effort to create a safe and reliable protocol. The Parallel smart contract code are publicly verifiable and formally validated by top security firms.

Protocol Audits

Final reports from our security audits will be published in our GitHub. We are currently working with the top security audit firms to conduct comprehensive assessment of our smart contracts and blockchain code.

Auditor
Date
Status
External Link
Report

Nov 2022

Completed

Dec 2022

Completed

Dec 2022

Completed

Dec 2022

Completed

Dec 2022

Completed

Dec 2022

Completed

Mar 2023

Completed

Mar 2023

Completed

Ongoing Zero-Day and Real-Time Monitoring

Security Firm
Start Date
End Date

March 25, 2023

Ongoing

ApeCoin Auto-Compounding Audits

Auditor
Date
Status
External Link
Report

Dec 2022

Completed

Dec 2022

Completed

Mar 2023

Completed

Mar 2023

Completed

P2P Ape-Staking & nBAKC Staking Audits

Bug Bounty

Provider
Date
Status
Program Scope
Link

April 2023

Active

Jan 2023

Completed

Nov 2022

Completed

Auditor
Date
Status
External Link
Report

Jan 2023

Completed

Feb 2023

Completed

Trail of Bits
Github
Trail of Bits
Github
Secure3
Github
0xQuit
Twitter
Certik
Certik Audit
Veridise
Notion
Secure3
Github
Secure3
Github
BlockSec
0xQuit
Secure3
Github
Secure3
Github
Secure3
Github
Secure3
Github
Secure3
Github
Secure3
https://www.secure3.io/bug-bounty/ParaSpace
Immunefi
https://immunefi.com/bounty/paraspace/
Code4rena
https://code4rena.com/contests/2022-11-paraspace-contest
Paraspace Report - 202210.pdf
Parallel Finance - Paraspace One Week Extension - 202212.pdf
ParaSpace_final_Secure3_Audit_Report.pdf
ParaSpace Contract Audit.pdf
REP-final-20221223T070404Z (1).pdf
VAR_Parallel2.pdf
ParaSpaceV1.4P3_final_Secure3_Audit_Report.pdf
ParaSpaceTimeLock_final_Secure3_Audit_Report.pdf
ParaSpace Autocompounding Ape Review.pdf
ParaSpaceApeYield_final_Secure3_Audit_Report.pdf
ParaSpaceYAPE_final_Secure3_Audit_Report.pdf
ParaSpaceCApeP2_final_Secure3_Audit_Report.pdf
ParaSpaceV1.4P1_final_Secure3_Audit_Report.pdf
ParaSpaceV1.4P2_final_Secure3_Audit_Report.pdf