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  • Writer's pictureFYEO

FYEO Completes Amulet Protocol Vault Programs

FYEO Completes Amulet Security Assessment

FYEO is pleased to announce the completion of the Amulet Protocol Vault Programs security assessment.

Amulet is a decentralized risk protection protocol for the Rust-based ecosystem initially deployed on Solana.

The audit performed by FYEO was focused on the smart contracts governing all access and management of the vault. The vault is where Amulet protocol stores all tokens involved in the process of decentralized risk protection, and is crucial to its core operations.

The FYEO Process

When FYEO performs an assessment, we focus on the code committed at a specific time when the code base is feature complete.

Our goal is to give our clients the following:

  • A better understanding of its security posture and help them identify current and future risks in its deployed chain & contract infrastructure.

  • An opinion on what security measures are in place regarding maturity, adequacy, and efficiency.

  • Identify potential issues, including loss of funds scenarios, and include improvement recommendations based on the result of our assessment.

  • Give the development team a better understanding of writing and maintaining more secure code. The incremental increase of security is part of the overall increased quality of the project.

Findings & Report

During the Secure Code Review of Amulet Protocol, we discovered:

  • 3 findings with HIGH severity rating.

  • 1 finding with MEDIUM severity rating.

  • 7 findings with LOW severity rating.

  • 6 findings with INFORMATIONAL severity rating.

Following the audit, the Amulet team worked in conjunction with the FYEO team to remediate all security vulnerabilities identified and shared.

Please see the attached full report to learn more.

MTR_Labs_Pte_Ltd_Secure_Code_Review_of_Amulet_Protocol_v1_0 (1)
Download PDF • 1.88MB


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