Perp Labs security record
As of 10 Nov 2026, Perp Labs has 1 audit report on Trustblock, by Sherlock, dated 18 Mar 2024. That report lists no open critical findings.
Record last updated . It holds audits and findings, contracts and incidents up to Nov 2026. Trustblock does not review code.
Audits0· Audit competitions 1
Newest first
| Report | Security firm | Date | Scope | Critical findings | Source |
|---|---|---|---|---|---|
| Perpetual auditAudit competition | Security firm: Sherlock | Date: | Scope: Not recorded; see the report | None open | GitHub ↗ |
Findings14
Statuses are the security firm’s own, from each report.
| Severity | Open | Acknowledged | Fixed |
|---|---|---|---|
| Critical | 0 | 0 | 0 |
| High | 0 | 2 | 0 |
| Medium | 0 | 9 | 3 |
| Low | 0 | 0 | 0 |
HighFunding Fee Rate is calculated based only on the Oracle Maker's skew but applied across the entire market, which enables an attacker to generate an extreme funding rate for a low cost and leverage thaPerpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportHighTwo Pyth prices can be used in the same transaction to attack the LP poolsPerpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportMediumAttackers can create positions that have no incentive to be liquidatedPerpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportMediumBorrow fees can be arbitrarily increased without the maker providing any valuePerpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportMediumIncorrect premium calculation in OracleMakerPerpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportMediumLoss of funds for trader because whitelisted maker can't be liquidatedPerpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportMediumNo slippage control on maker LP deposit()/withdraw()Perpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportMediumOracleMaker's price with spread does not take into account the new positionPerpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportMediumSpotHedgeBaseMaker LPs will be able to extract value during a USDT/USDC de-pegPerpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportMediumThere may be excess funds in the PnL pool or bad debt due to the funding fee.Perpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportShow 1 more
MediumWithdrawal caps can be bypassed by opening positions against the SpotHedgeBaseMakerPerpetual audit · Sherlock · 18 Mar 2024Acknowledged
The report gives no description here.
Open the reportContracts
No deployed address is recorded for these audits.
The reports name a repository or files. Open a report to see its scope.
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