At LI.FI, security is a core pillar of our operations. We are committed to providing our clients and partners with a highly secure platform and continually improving our security practices. This document provides an overview of the security protocols, audit processes, and monitoring tools in place to protect our services and user data.

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Security Team

Our dedicated in-house security team, supplemented by an independent security researcher, works proactively to safeguard our platform. We maintain rigorous security standards for all code before it reaches production. Each release is independently audited by a qualified third-party auditor, ensuring that our code adheres to the highest standards of security and reliability. The security team is also on-call to respond immediately to any signs of suspicious activity, protecting our systems and users around the clock.

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API Penetration Testing

To identify and address potential vulnerabilities, we conduct periodic penetration testing of our APIs using third-party security experts. Our most recent pen test was completed in July 2024, and these assessments will continue on a regular basis. The goal is to continuously evaluate and strengthen the resilience of our API infrastructure against emerging threats.

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Smart Contract Monitoring

We employ robust, proprietary internal monitoring to track unusual or potentially malicious activities related to our smart contracts. Additionally, some of our trusted partners leverage tools like Hexagate to monitor our smart contracts independently.

To further enhance our security, we are exploring advancements in external monitoring tools. We plan to integrate new automated monitoring solutions, including a feature to trigger an automated pause in case of high-risk activity. This rollout is expected to be implemented in early 2024, further reinforcing our commitment to comprehensive smart contract security.

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Continuous Improvement

At LI.FI, security is an evolving practice. We are committed to continuously refining our security measures and staying at the forefront of industry standards.