Synthetix Migration

Guardian AuditsCode version: not recorded (see the report)

Audit · firm’s term: security review

Part of Guardian Audits’ series

Guardian Audits reviewed Synthetix (Synthetix Migration) on 28 Oct 2025: 43 findings, 0 critical; 14 marked fixed, 28 acknowledged, 1 open.

No open critical findings
Open the reportOpen Synthetix’s security record

Report hosted on GitHub.

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Findings43

Statuses are the security firm’s own, from its report.

SeverityOpenAcknowledgedFixed
Critical000
High016
Medium1124
Low0154
HighDebt Burden After Vault LiquidationAcknowledged

The report gives no description here.

MediumAccounts Without Debt Stuck In V2Acknowledged

The report gives no description here.

MediumburnSynthsToTarget Functionality ChangesAcknowledged

The report gives no description here.

MediumClaim FeePool Rewards During MigrationAcknowledged

The report gives no description here.

MediumDelegations Should Not Toggle PoolsAcknowledged

The report gives no description here.

MediumIncentives To Migrate Liquidatable StakersAcknowledged

The report gives no description here.

MediumLegacy Market Unable To Claim SNX RewardsAcknowledged

The report gives no description here.

MediumLegacyMarket Does Not Lock CollateralAcknowledged

The report gives no description here.

MediumLiquidations Prevented By FrontrunningAcknowledged

The report gives no description here.

MediumMigrations May Lock Other MarketsAcknowledged

The report gives no description here.

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MediumreportedDebt Could Report Stale DebtAcknowledged

The report gives no description here.

MediumSome Liquidations Will Accrue Bad DebtAcknowledged

The report gives no description here.

MediumsUSD Wrapper Allows Burning Of All DebtSharesAcknowledged

The report gives no description here.

Low_calculateDebtValueMigrated Should Round UpAcknowledged

The report gives no description here.

Low1 Week Lock Of Free Collaterals After MigrationAcknowledged

The report gives no description here.

LowdistributeDebtToPools Calls Not Future ProofAcknowledged

The report gives no description here.

LowExcessive Escrows Instantly ClaimableAcknowledged

The report gives no description here.

LowFeePool Fees Can Be Claimed With Bad C-ratioAcknowledged

The report gives no description here.

LowForced Exposure To Back BFP And Spot MarketAcknowledged

The report gives no description here.

LowInflated Rewards For LegacyMarketAcknowledged

The report gives no description here.

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LowLiquidator DoS Griefing AttackAcknowledged

The report gives no description here.

LowMarket creditCapacity Mis-accountingAcknowledged

The report gives no description here.

LowMarket Weights And MonitoringAcknowledged

The report gives no description here.

LowMin Delegation Amount Can Prevent LiquidationsAcknowledged

The report gives no description here.

LowminDelegation May Prevent MigrationAcknowledged

The report gives no description here.

LowreportedDebt Function Does Not RevertAcknowledged

The report gives no description here.

LowSetting issuanceRatio To 1 Locks Every TokenAcknowledged

The report gives no description here.

LowTrustedMulticallForwarder IncompatibilityAcknowledged

The report gives no description here.

Contracts in scope

No deployed address is recorded for this audit.

The report names a repository or files. Open the report to see its scope.

Part of Synthetix’s security record

Synthetix
Audits13 audits by 1 firmLast audit Dec 2025, by Guardian Audits.
Critical findings3 criticals acknowledged, not fixedReported in “Synthetix Treasury Market” by Guardian Audits, Feb 2025. The team acknowledged all 3.
Open Synthetix’s security record

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Guardian Audits

15 projects reviewed · 99 reports · latest Aug 2026

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