Synthetix Treasury Market

Guardian AuditsCode version: not recorded (see the report)

Audit · firm’s term: security review

Part of Guardian Audits’ series

Guardian Audits reviewed Synthetix (Synthetix Treasury Market) on 18 Feb 2025: 45 findings, 5 critical; 7 marked fixed, 37 acknowledged, 1 open.

3 criticals acknowledged, not fixed
Open the reportOpen Synthetix’s security record

Report hosted on GitHub.

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Findings45

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

SeverityOpenAcknowledgedFixed
Critical032
High061
Medium1102
Low0182
CriticalLow Cratio Accounts Immediately GainAcknowledged

The report gives no description here.

CriticalNew Pool Debt Distribution Not UpdatedAcknowledged

The report gives no description here.

Criticalsaddle Is Not EnforcedAcknowledged

The report gives no description here.

HighburnUsd Perturbs LocksAcknowledged

The report gives no description here.

HighIncentive For Bypassing UI-Enforced RebalanceAcknowledged

The report gives no description here.

HighLiquidation IssuesAcknowledged

The report gives no description here.

HighMissing Rebalance UpdatesAcknowledged

The report gives no description here.

HighParallel Market Liquidation RiskAcknowledged

The report gives no description here.

HighRebalance Sandwhich AttackAcknowledged

The report gives no description here.

MediumEarly Return In Rebalance May DoS The MarketAcknowledged

The report gives no description here.

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MediumEarly Return In Rebalance May DoS The MarketAcknowledged

The report gives no description here.

MediumExit DoS If accountDebt > artificialDebtAcknowledged

The report gives no description here.

MediumMissing Check In mintTreasuryAcknowledged

The report gives no description here.

MediumPotential Systemic Risks of Disabling LiquidationsAcknowledged

The report gives no description here.

MediumRace Condition in Adjust Loan and UnsaddleAcknowledged

The report gives no description here.

MediumThe Migrated From Vault Could Become UnhealthyAcknowledged

The report gives no description here.

MediumUnsaddle May Be Blocked For Last UserAcknowledged

The report gives no description here.

MediumUnsaddle May Be Blocked For Last UserAcknowledged

The report gives no description here.

MediumUsers Can Saddle Below 200% C-Ratio, Shifting DebtAcknowledged

The report gives no description here.

LowDelegates Cannot Perform ActionsAcknowledged

The report gives no description here.

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LowIncomplete commentAcknowledged

The report gives no description here.

LowInsufficient Check In _repaymentPenaltyAcknowledged

The report gives no description here.

LowInvalid Loan Completion PercentageAcknowledged

The report gives no description here.

LowLoan duration is not validatedAcknowledged

The report gives no description here.

LowMissing Event On Critical Param ChangeAcknowledged

The report gives no description here.

LowMissing Interface SupportAcknowledged

The report gives no description here.

LowMissing requireSufficientDelegation ValidationAcknowledged

The report gives no description here.

LowNew Stakers Can Join PoolAcknowledged

The report gives no description here.

LowReported Debt Does Not Validate marketIdAcknowledged

The report gives no description here.

LowsetDebtDecayFunction May Be Called Too LateAcknowledged

The report gives no description here.

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LowTreasury Debt Management WarningAcknowledged

The report gives no description here.

LowTreasury Market Lacks UpsideAcknowledged

The report gives no description here.

LowTreasury Market Out Of Range RiskAcknowledged

The report gives no description here.

LowUnsaddle Prevented By Min Delegation TimeAcknowledged

The report gives no description here.

LowUnsaddle Race ConditionAcknowledged

The report gives no description here.

LowVault Liquidation via Unsaddle and MaxAcknowledged

The report gives no description here.

LowWrong commentAcknowledged

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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