DeFi Security Reviews for DEXs, Vaults, Stablecoins, Oracles, and Yield Systems

Taran.Space has delivered 11 DeFi security projects across DEXs, AMMs, stableswaps, stablecoin infrastructure, lending and leveraged staking, vaults, yield distribution, oracle-sensitive flows, token conversion logic, and Cosmos/Solana/EVM smart contracts. The work covers STBL, Bifrost, Coinhall Genie, Hydration, Magma, MANTRA, Neptune, Osmosis Transmuter, ZIGChain, RoofRide, and Yumi Finance, with attention to accounting correctness, invariant safety, oracle integrity, privileged controls, validation paths, and fund-loss risk.

DeFi
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May 2026
Security Audit
In partnership with Hashlock

STBL is a stablecoin infrastructure protocol for token issuance, asset management, yield distribution, and operational control. We carried out the review for Hashlock, covering STBL’s Stellar/Rust smart-contract system, including asset issuer, airdrop issuer, USST/STBL token, oracle, registry, access-control, upgrade, and yield-distribution components.

Security work focused on expired-position handling, yield and accounting fairness, token blacklist and pause behavior, vault accounting assumptions, oracle configuration, role administration, and privileged controls across the protocol’s financial flows.

February 2026
Security Audit
In partnership with Cyberscope

Empowa / NSE Housing connects Cardano smart contracts with a real-world housing-finance application linked to the Nairobi Securities Exchange. Scope included eUTXO transaction design, order-book behavior, and business-critical contract logic used to coordinate financial activity before release.

The work moved from issue discovery through fix validation and final rechecking, with attention to real-world asset flows, regulated-market context, and the reliability expectations of financial infrastructure.

Cardano
DEX
Cardano
DeFi
DEX
UTXO
View Report
In partnership with Cyberscope
February 2025
Security Audit
In partnership with Oak

Hydration is a Polkadot DeFi protocol built around shared liquidity infrastructure. In the Oak Security engagement, we reviewed Hydration’s peg-drift stableswap and oracle components, focusing on AMM invariant safety, oracle integrity, and privileged-control risks.

The review covered Substrate-based DeFi logic where pricing, liquidity movement, and administrative controls interact. Scope included stableswap behavior, oracle-dependent assumptions, edge cases around peg drift, and failure modes that could affect liquidity accounting or market correctness.

Polkadot
DEX
Rust
Polkadot
Rust
DEX
DeFi
View Report
In partnership with Oak
January 2023
Security Audit
In partnership with Oak

Nym is decentralized privacy infrastructure built around a mixnet that protects network-level metadata as well as message contents. Through Oak Security, we reviewed Nym’s mixnet-related on-chain components, vesting logic, and wallet security.

The review focused on user safety, key-management risk, distribution correctness, and the contract logic supporting participation, rewards, and long-term network operation.

Cosmos
Rust
DeFi
Cosmos
Rust
DeFi
View Report
In partnership with Oak
August-December 2025
Security Audit
In partnership with Oak

ZIGChain is a Cosmos-based Layer 1 focused on wealth management, DeFi infrastructure, and on-chain financial applications. The audits were published by Oak Security, with our work covering multiple ZIGChain releases across custom chain modules, the x/dex module, reward-contract logic, and updates across Cosmos SDK, CosmWasm, and EVM-compatible integration surfaces.

The work spanned application-level DeFi behavior and chain infrastructure, including swap and DEX logic, reward accounting, module validation paths, smart-contract execution assumptions, and the operational safety of financial flows built into the network.

Cosmos
DeFi
DEX
DeFi
DEX
L1
Cosmos
Go
EVM
Rust
All reports
In partnership with Oak
March 2023
Security Audit
In partnership with Oak

DAO DAO provides Cosmos-based infrastructure for creating and managing decentralized organizations. Its smart-contract system supports governance, treasury operations, staking and voting modules, proposal execution, and factory extensions used by DAOs across IBC-enabled ecosystems.

Our Oak Security work covered multiple DAO DAO releases, including vesting, payroll, rewards distribution, voting, and permission-granularity components. The review focused on CosmWasm/Rust contract correctness, governance execution safety, token and delegation edge cases, and the financial flows that support DAO operations.

Rust
Cosmos
DeFi
Rust
Cosmos
DeFi
View Report
In partnership with Oak
October 2023
Security Audit
In partnership with Oak

Osmosis Transmuter is a CosmWasm/Rust component for converting between multiple assets within the Osmosis ecosystem. In Oak Security’s public reviews, we examined two versions of the Transmuter contracts, focusing on multi-asset swap behavior, conversion correctness, validation paths, and edge cases that could break accounting or allow invalid asset movement.

The work covered the invariants behind specialized liquidity and conversion flows, including how token balances, swap behavior, and contract validation interact inside a production Cosmos DeFi environment.

Cosmos
DEX
Rust
Cosmos
DEX
Rust
DeFi
View Report
In partnership with Oak
March 2026
Security Audit

Yumi Finance builds DeFi vault infrastructure across Solana and EVM environments. Taran Space completed private security reviews covering a Solana/Anchor fixed-pool vault and a later EVM implementation, with focus on contract correctness, vault behavior, asset-accounting safety, and implementation risks around financial flows.

Scope spanned Rust-based Solana program logic and Solidity/EVM smart-contract surfaces, including the security of production financial contracts where implementation mistakes can directly affect user funds.

Solana
Rust
DeFi
Solana
Rust
DeFi
Private engagement
September-October 2024, August 2025
Security Audit
In partnership with Oak Security.

MANTRA is an EVM-compatible Layer 1 built around real-world assets and on-chain financial infrastructure. Our Oak Security work covered multiple MANTRA tracks, including DEX functionality, airdrop logic, and later claimdrop-update components across the MANTRA ecosystem.

The reviews focused on DeFi execution paths, token distribution flows, smart-contract correctness, and integration surfaces across Cosmos, EVM, Solidity, Rust, and Go components. The project adds a broad real-world-asset DeFi case with both chain-level and application-level security scope.

Cosmos
DeFi
DEX
L1
DeFi
DEX
Cosmos
Go
EVM
Solidity
Rust
All reports
In partnership with Oak Security.
January-February 2024
Security Audit
In partnership with Oak Security

Bifrost Finance is a Polkadot DeFi protocol focused on liquid staking and liquidity infrastructure. The Oak Security audit included our review of Bifrost’s Substrate lend-market, leverage-staking, and prices pallets.

The work covered leveraged-staking logic, pricing and oracle integration points, economic validation paths, and risks that could lead to fund loss, manipulation, denial of service, or incorrect protocol accounting.

Polkadot
DeFi
Rust
Polkadot
DeFi
Rust
View Report
In partnership with Oak Security
October 2024
Security Audit
In partnership with Oak Security

Magma Vaults builds DeFi vault infrastructure in the Cosmos ecosystem. In the Oak Security review, we examined Magma Core, focusing on the core vault logic and protocol behavior behind the Magma Vaults codebase.

The work covered vault accounting, liquidity-handling assumptions, contract correctness, and failure modes that could affect user funds or protocol operation. A later fix review addressed a liquidity-overflow issue and was reflected in the updated public report.

October-November 2024
Security Audit
In partnership with Oak Security

Neptune is a Cosmos/Rust protocol developed by Cryptech Developments. For Oak Security, we reviewed Neptune update work focused on the security of the codebase and the correctness of protocol-update logic.

The work covered smart-contract and protocol behavior, update safety, validation paths, and failure modes that could affect protocol operation. A later report update incorporated a missed vulnerability after fix review and publication approval.

September 2023
Security Audit
In partnership with Oak Security

Coinhall Genie is a Cosmos DeFi product built with CosmWasm smart contracts. In an Oak Security audit funded through Osmosis Grants Company, we reviewed the Genie contract logic and the security of the product flow.

The work focused on Rust/CosmWasm contract correctness, validation paths, state transitions, and risks that could affect user interactions or financial behavior inside the Genie application.

April 2026
Security Audit

Swarp Pay builds wallet, payment, and launchpad infrastructure for token-based products. Taran Space reviewed its Solana/Anchor token program, covering token creation, sale mechanics, vesting, whitelist controls, token configuration, and operational scripts around launchpad execution.

Security work focused on token-sale flows, vesting behavior, supply accounting, purchase and claim logic, admin controls, and the operational assumptions needed to run a secure token launch. The engagement covered Rust-based Solana smart-contract logic connected to financial product workflows and user-facing asset operations.

Solana
DeFi
Rust
Solana
DeFi
Rust
Private engagement
No items found.

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