[Security Escort, the Cornerstone of Long-term Value - FIVA Completes Trail of Bits Audit]
Recently, @FivaProtocol officially announced that it has passed the smart contract security audit of Trail of Bits, the industry's top security organisation.
In the DeFi space, everyone is chasing profits, but in fact, there are two things that determine whether a project can go on for a long time:
(1) Technical security
(2) Credibility of the protocol
1. Who is Trail of Bits? Why is this audit worth paying attention to?
(1) Founded in 2012, Trail of Bits is recognised as one of the top audit firms in the entire blockchain and smart contract security circle.
(2) They have served: Ethereum Foundation, Uniswap, Compound, Balancer, EigenLayer, LayerZero, etc.
(3) Not only do code form audits, but also pay more attention to the underlying logic vulnerabilities, game attack scenarios, and governance mechanism design defects.
Being able to pass the Trail of Bits audit is a strong certification of the technical qualification line in itself.
To put it simply: this is the "hardest one" in the industry and the most recognised one in the DeFi project circle.
2. Why did FIVA choose to do the Trail of Bits audit?
First of all, FIVA itself does a structured income splitting protocol (PT/YT), which has a much higher logical complexity than traditional AMM and Lending protocols:
(1) Logic involving future earnings withdrawal, discounting, and market pricing;
(2) Multi-asset compatibility (e.g. tsTON, tgUSD, EVAA USDT, Storm, etc.);
(3) Maturity liquidation logic + no liquidation leverage model;
(4) Multiple AMM liquidity pool design (PT/YT/LP dual AMM).
If there is a bug in the underlying design of this kind of protocol, the result is often a systemic fatal collapse.
Trail of Bits is good at finding logical attack space and boundary cases in this complexity model.
By doing this audit, FIVA is actually making a long-term investment in core technology.
3. What does the audit mean for the TON DeFi ecosystem?
1️⃣ FIVA is becoming the core structured yield infrastructure of the TON ecosystem
2️⃣ The development of DeFi must require the cornerstone of security and trust
3️⃣ Trail of Bits, which greatly enhances FIVA's institutional usability and scalability
In the future, whether it is TON financing market, market making, lending, or RWA module, FIVA's building block capabilities will become stronger and stronger
4. Summary: Security is the core moat that is inconspicuous in the short term and long term
Most people are accustomed to only staring at APY, but in fact, security and compliance are the life-and-death watershed of DeFi projects.
The Trail of Bits audit has passed, indicating that FIVA has entered the deep waters of TON DeFi.
This is not a short-term upside and downs sentiment event, but an accumulation of trust from long-term asset inflows.
@FivaProtocol #FIVA #FivaProtocol @trailofbits
~~~Experience 🔸 it now 🔸~~~
If you can't wait to experience #Fiva, you can:
(1) TG version:
(2) Web version:
FIVA’s mission is simple:
To build the most secure and transparent yield layer on TON. 💪
In line with this mission, we’re proud to announce that FIVA has officially passed a smart contract audit by @trailofbits — one of the most respected audit firms in the industry.
This latest review further reinforces the strength of our codebase — and our ongoing commitment to the safety of our users' funds. 🤘

37
21.09K
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.