Ethena security record

Arbitrum, Ethereum, Solanaethena.fiX

As of 1 Nov 2026, Ethena has 14 audit reports by 6 security firms on Trustblock; the latest is by Guardian Audits, dated 17 Aug 2026. Those reports list no open critical findings.

Critical findings
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Across 14 reports.
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Record last updated . It holds audits and findings, contracts and incidents up to Oct 2026. Trustblock does not review code.

Audits14

Newest first

AuditSecurity firmDateScopeCritical findingsReport
Ethena PSMAdapter ReviewSecurity firm: Guardian AuditsDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Ethena Onchain MintingSecurity firm: Guardian AuditsDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Ethena Execution Guard ReviewSecurity firm: Guardian AuditsDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Ethena TimelockControllerSecurity firm: Guardian AuditsDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Ethena Timelock Audit ReportSecurity firm: CyfrinDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Ethena UStb token and mintingSecurity firm: QuantstampDate: Scope: Files named in the reportNo open critical findingsOpen · certificate.quantstamp.com
Ethena security reviewSecurity firm: Pashov Audit GroupDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Ethena security reviewSecurity firm: Pashov Audit GroupDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Ethena security reviewSecurity firm: Pashov Audit GroupDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Ethena security reviewSecurity firm: Pashov Audit GroupDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
ethenaSecurity firm: CantinaDate: Scope: Not recorded (see the report)No open critical findingsOpen · cantina.xyz
Ethena security reviewSecurity firm: Pashov Audit GroupDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub
Ethena LabsSecurity firm: QuantstampDate: Scope: Files named in the reportNo open critical findingsOpen · certificate.quantstamp.com
Ethena security assessmentSecurity firm: ZellicDate: Scope: Not recorded (see the report)No open critical findingsOpen · GitHub

Findings64

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

SeverityOpenAcknowledgedFixed
Critical000
High000
Medium066
Low02230

Marked Informational, Gas or Gas Optimization by the firms. Not counted as findings.

InformationalAdapter uses generic low amount errorEthena PSMAdapter Review · Guardian Audits · 17 Aug 2026Acknowledged

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InformationalInactive Benefactor Can Be Spent As CustodianEthena Onchain Minting · Guardian Audits · 2 Jul 2026Acknowledged

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InformationalPSM Deploy Config Values Can WrapEthena Onchain Minting · Guardian Audits · 2 Jul 2026Acknowledged

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InformationalQuote calls pollute oracle eventsEthena Onchain Minting · Guardian Audits · 2 Jul 2026Acknowledged

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InformationalStale Oracle Aggregation DocsEthena Onchain Minting · Guardian Audits · 2 Jul 2026Acknowledged

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InformationalUnderdocumented delegated signer powerEthena Onchain Minting · Guardian Audits · 2 Jul 2026Acknowledged

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InformationalUnknown collateral can be enabledEthena Onchain Minting · Guardian Audits · 2 Jul 2026Acknowledged

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InformationalUnsafe Downcast Before Quote SelectionEthena Onchain Minting · Guardian Audits · 2 Jul 2026Acknowledged

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InformationalWeak granularity in PSM eventsEthena Onchain Minting · Guardian Audits · 2 Jul 2026Acknowledged

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InformationalZero Custom Fee Falls Back to DefaultEthena Onchain Minting · Guardian Audits · 2 Jul 2026Acknowledged

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InformationalDelist Fails On Unreadable Guard StatusEthena Execution Guard Review · Guardian Audits · 2 Apr 2026Acknowledged

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InformationalStale Timelocks Persist After Safe RemovalEthena Execution Guard Review · Guardian Audits · 2 Apr 2026Acknowledged

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InformationalDon’t allow initially granting EXECUTOR_ROLE or WHITELISTED_EXECUTOR_- ROLE to address(0)Ethena Timelock Audit Report · Cyfrin · 16 May 2025Acknowledged

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InformationalOnly emit events if state actually changesEthena Timelock Audit Report · Cyfrin · 16 May 2025Acknowledged

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InformationalAdapter lacks per-investor authorizationEthena PSMAdapter Review · Guardian Audits · 17 Aug 2026Fixed

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InformationalavailableAsset() may show dust capacityEthena PSMAdapter Review · Guardian Audits · 17 Aug 2026Fixed

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InformationalIncomplete IGroveBasinLike documentationEthena PSMAdapter Review · Guardian Audits · 17 Aug 2026Fixed

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InformationalPSM rotation can move pending feesEthena PSMAdapter Review · Guardian Audits · 17 Aug 2026Fixed

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InformationalREADME misstates minimum input unitsEthena PSMAdapter Review · Guardian Audits · 17 Aug 2026Fixed

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InformationalUnderdocumented same beneficiary reasonEthena PSMAdapter Review · Guardian Audits · 17 Aug 2026Fixed

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InformationalMissing Event For Initial Timelock DelayEthena Execution Guard Review · Guardian Audits · 2 Apr 2026Fixed

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InformationalNo Fallback Handler For Interface ChangesEthena Execution Guard Review · Guardian Audits · 2 Apr 2026Fixed

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InformationalRedundant No-Op Parameter ReferencesEthena Execution Guard Review · Guardian Audits · 2 Apr 2026Fixed

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InformationalTimelock Reschedule Overwrites Existing EntryEthena Execution Guard Review · Guardian Audits · 2 Apr 2026Fixed

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InformationalUse named importsEthena Timelock Audit Report · Cyfrin · 16 May 2025Fixed

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InformationalUse named mappingsEthena Timelock Audit Report · Cyfrin · 16 May 2025Fixed

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GasUse ReentrancyGuardTransient for more efficient nonReentrant modifiersEthena Timelock Audit Report · Cyfrin · 16 May 2025Fixed

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Gas OptimizationCompact UserCooldown struct used in StakedUSDeV2ethena · Cantina · 31 Oct 2023Fixed

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InformationalMisleading Error When Beneficiary Is The Zero Addressethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationRemove extra variable declaration in verifyNonce and _deduplicateOrderethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationReplace _msgSender() with msg.sender in StakedUSDeV2ethena · Cantina · 31 Oct 2023Fixed

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InformationalShadowing of owner variable in StakedUSDeV2ethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationSimplify cooldownAssets and cooldownShares using named returns in StakedUSDeV2ethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationSome Storage Variables Could Be immutable or constant to Reduce Gas Costsethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationUnnecessary Invocation of getUnvestedAmount()ethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationUnnecessary Non-Owner Check When Removing an Address From the Blacklistethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationUnnecessary Order Type Check In verifyRouteethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationUnreachable Revert Statements In EthenaMintingethena · Cantina · 31 Oct 2023Fixed

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InformationalUnused Errorsethena · Cantina · 31 Oct 2023Fixed

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InformationalUnused Eventsethena · Cantina · 31 Oct 2023Fixed

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InformationalUnused Importsethena · Cantina · 31 Oct 2023Fixed

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InformationalUnusual Choice of Indexing For Some Event Parametersethena · Cantina · 31 Oct 2023Fixed

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InformationalUpdate references to deprecated draft-ERC20Permit.sol in favor of ERC20Permit.solethena · Cantina · 31 Oct 2023Fixed

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InformationalUse a constant for magic number 10_000 in EthenaMintingethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationUse direct comparison in verifyRoute return statementethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationUse unchecked and pre-increment on for loopsethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationUse unchecked for subtraction in getUnvestedAmountethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationverifyNonce Always Returns trueethena · Cantina · 31 Oct 2023Fixed

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Gas OptimizationverifyOrder Always Returns trueethena · Cantina · 31 Oct 2023Fixed

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Contracts

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