Security

Audits, Multisigs & On-Chain Monitoring

At Level, we take a security-first approach to developing, deploying, and monitoring our smart contracts.

Audits

We work with top auditors like Spearbit Cantina and Zellic to secure our smart contracts. Read more here:

Audits

Multisigs

Our admin multisig is a 5 of 8 Gnosis Safe multisig. All multisig signers are cold wallets, and the Level cannot sign transactions without the approval of external signers, who are security firms like Spearbit.

Changing the admin address is protected by a 3 day timelock.

The operator multisig is a separate 2 of 5 Gnosis Safe multisig which is able to execute low risk tasks such as deploying the reserve managers' collateral into lending protocols. Only the admin multisig can change the contract addresses that operators can move funds between.

On-chain Monitoring

We use Hexagate, an on-chain monitoring solution, to alert us about suspicious activity ranging from suspicious multisig transactions to potential malicious contract deployments. Our partners work with other on-chain protocols to secure billions in value, such as Coinbase, EigenLayer, and Uniswap.