Derive security record

Arbitrum, Base, Ethereum, Optimismderive.xyzX

As of 30 Oct 2026, Derive has 6 audit reports by 2 security firms on Trustblock; the latest is by Sigma Prime, dated 1 Mar 2025. Those reports list 1 critical acknowledged and not fixed. It also holds 8 deployed contracts on 4 chains.

Critical findings
1 critical acknowledged, not fixed
Reported in “Derive security review” by Sigma Prime, Jan 2025. The team acknowledged it. See the findings
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Record last updated . It holds audits and findings, contracts and incidents up to Oct 2026. Trustblock does not review code.

Audits6

Newest first

AuditSecurity firmDateScopeCritical findingsReport
Atomic security reviewSecurity firm: Sigma PrimeDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Derive security review

Audit · firm’s term: security review

Security firm: Sigma PrimeDate: Scope: Not recorded (see the report)1 critical acknowledged, not fixedOpen · GitHub
Audit ReportSecurity firm: PaladinDate: Scope: 8 addresses on 4 chainsNo open critical findingsOpen · paladinsec.co
Pptsa security reviewSecurity firm: Sigma PrimeDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Derive security review

Audit · firm’s term: security review

Security firm: Sigma PrimeDate: Scope: Not recorded (see the report)4 critical findings, fixedOpen · GitHub
V2 Matching security reviewSecurity firm: Sigma PrimeDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub

Findings47

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

SeverityOpenAcknowledgedFixed
Critical014
High017
Medium047
Low21110
CriticalBids Can Be Blocked By Depositing Tokens To LiquidatorDerive security review · Sigma Prime · 1 Jan 2025Acknowledged

The report gives no description here.

Open the report
HighInefficient whitelist transfer restrictionsAudit Report · Paladin · 20 Nov 2024Acknowledged

The report gives no description here.

Open the report
MediumPrecision Loss in CashAsset.withdraw()Derive security review · Sigma Prime · 1 Jan 2025Acknowledged

The report gives no description here.

Open the report
MediumPrecision loss due to ratio being in 0 decimalsAudit Report · Paladin · 20 Nov 2024Acknowledged

The report gives no description here.

Open the report
MediumAllowances Can Be FrontranDerive security review · Sigma Prime · 1 Sep 2024Acknowledged

The report gives no description here.

Open the report
MediumPerpetual Asset Funding can be Manipulated by Applying at Peaks and TroughsDerive security review · Sigma Prime · 1 Sep 2024Acknowledged

The report gives no description here.

Open the report
LowVerification Checks Performed At Action Signing Can Become StaleAtomic security review · Sigma Prime · 1 Mar 2025Acknowledged

The report gives no description here.

Open the report
LowAuction Bids Will Work On Both Types Of AuctionDerive security review · Sigma Prime · 1 Jan 2025Acknowledged

The report gives no description here.

Open the report
LowInsolvent Auction Bids Can Lose Bidding IncentiveDerive security review · Sigma Prime · 1 Jan 2025Acknowledged

The report gives no description here.

Open the report
LowInsolvent Auction Bids Lack Complete priceLimit ControlDerive security review · Sigma Prime · 1 Jan 2025Acknowledged

The report gives no description here.

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Show 7 more
LowWithdrawals Temporarily Blocked By Incorrect AccountingDerive security review · Sigma Prime · 1 Jan 2025Acknowledged

The report gives no description here.

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LowApproved usage ambiguous functionalityAudit Report · Paladin · 20 Nov 2024Acknowledged

The report gives no description here.

Open the report
LowImplementation getter not availableAudit Report · Paladin · 20 Nov 2024Acknowledged

The report gives no description here.

Open the report
LowupdateDividendsAddress could result in loss of accrued dividendsAudit Report · Paladin · 20 Nov 2024Acknowledged

The report gives no description here.

Open the report
LowAllowances Not Cleared On Account TransferDerive security review · Sigma Prime · 1 Sep 2024Acknowledged

The report gives no description here.

Open the report
LowAllowList Can Be BypassedDerive security review · Sigma Prime · 1 Sep 2024Acknowledged

The report gives no description here.

Open the report
LowForceWithdraw Can Be BlockedDerive security review · Sigma Prime · 1 Sep 2024Acknowledged

The report gives no description here.

Open the report

Contracts8

AddressChainSource code
0xc3d960b2d0a1d23b1d2073293fc80625d7fa1fbcChain: OptimismSource code: Verified source
0x7499d654422023a407d92e1d83d387d81bc68de1Chain: EthereumSource code: Verified source
0xc3d960b2d0a1d23b1d2073293fc80625d7fa1fbcChain: BaseSource code: Verified source
0x7499d654422023a407d92e1d83d387d81bc68de1Chain: OptimismSource code: Verified source
0xc3d960b2d0a1d23b1d2073293fc80625d7fa1fbcChain: EthereumSource code: Verified source
0x7499d654422023a407d92e1d83d387d81bc68de1Chain: BaseSource code: Verified source
0x7499d654422023a407d92e1d83d387d81bc68de1Chain: ArbitrumSource code: Verified source
0xc3d960b2d0a1d23b1d2073293fc80625d7fa1fbcChain: ArbitrumSource code: Verified source

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