Strata Markets Update - Isolated and Saturn Strate

QuantstampCode version: not recorded (see the report)

Quantstamp reviewed Strata (Strata Markets Update - Isolated and Saturn Strate) on 11 Aug 2026: 22 findings, 0 critical; 17 marked fixed, 4 acknowledged, 1 open.

No open critical findings
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Findings22

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

SeverityOpenAcknowledgedFixed
Critical000
High000
Medium106
Low0411
MediumUnderlying Deposit Fees Are Socialized Across Existing Isolated Strategy DepositorsOpen

The `Tranche` contract calculates newly minted shares before the deposit executes and relies on the composite strategy's reported `depositFeeBps()`, which is always zero. A Midas deposit can subsequently receive less value than supplied because of an underlying fee or accepted slippage, and only this net value is credited to accounting. Because the user already received shares based on the gross value, the resulting NAV reduction is distributed across both the new shares and all existing shares. Existing depositors therefore bear part of a fee caused by the new depositor.

Contracts in scope

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Part of Strata’s security record

Strata
Audits2 audits by 1 firmLast audit Aug 2026, by Quantstamp.
Critical findingsNo open critical findingsAcross 2 reports.
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Security firm

Quantstamp

236 projects reviewed · 332 reports · latest Oct 2026

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