Security Team
We maintain a dedicated security team specializing in blockchain and DeFi security. This team is augmented by independent security researchers who provide external perspectives on potential vulnerabilities. Our objective is to identify and remediate security issues before they impact our users.Web2 Security Testing
We conduct annual penetration testing on our Web2 infrastructure, including APIs, web applications, and backend systems. These assessments are performed by specialized third-party security firms that provide independent evaluation of our security posture. These tests are conducted annually and cover vulnerability scanning, manual penetration testing, authentication flows, API security, and infrastructure configuration review.Web3 Security
Smart Contract Audits
All smart contracts deployed by LI.FI undergo independent security audits prior to production deployment. This applies to new contracts, upgrades, and material changes—any code going on-chain receives external audit review. Our policy for Web3 smart contracts is that no code reaches production without independent security review. We engage multiple audit firms as different auditing teams bring varied expertise and methodologies, which strengthens our overall security assurance. All audit reports are publicly available for review: LI.FI Smart Contract Audit Reports We maintain full transparency in our security practices. Users entrusting us with their assets can independently verify our security measures through our public audit disclosures.Automated Security Testing
We employ proactive Web3 automated security testing to continuously assess our smart contracts for potential vulnerabilities. Our automated testing infrastructure utilizes Olympix, which provides continuous security analysis and threat detection throughout the development and deployment lifecycle.Bug Bounty Program
We maintain an active bug bounty program offering rewards up to $1,000,000 USD for critical vulnerabilities. Security researchers are invited to participate through our program: LI.FI Bug Bounty (Cantina) The program encompasses smart contract vulnerabilities and other critical security issues. We have found that collaboration with the security research community provides valuable external scrutiny and strengthens our security posture.Smart Contract Monitoring
Beyond audits, we employ real-time monitoring of our smart contracts. Our internal monitoring systems track for anomalous patterns and suspicious activity. We also maintain partnerships with firms that provide independent monitoring capabilities—Hexagate being one example—which provides an additional layer of oversight. Throughout 2024, we have expanded our monitoring infrastructure to include automated threat detection, anomaly detection using baseline behavioral models, transaction analysis for potential exploits, and emergency pause mechanisms for high-risk scenarios. We continue to enhance our automated response capabilities, including implementing automated pause features that can activate immediately when specific risk thresholds are exceeded.Incident Response
We maintain established protocols for security incident management, including defined escalation procedures, communication frameworks for affected stakeholders, and post-incident analysis to implement corrective measures.Reporting Security Issues
We encourage responsible disclosure of security vulnerabilities. Security researchers and users who identify potential security issues can contact us through our dedicated channel: Security Contact: https://help.li.fi/ All vulnerabilities may qualify for rewards through our bug bounty program, with awards up to $1,000,000 USD. All security reports are reviewed and addressed according to established protocols.Standards and Compliance
Our security practices align with recognized industry standards, including smart contract security best practices, OWASP guidelines for web application security, and secure development lifecycle methodologies. Our team receives ongoing security training to maintain current knowledge of evolving threat landscapes. We maintain two non-negotiable commitments: mandatory independent audits for all smart contract deployments, and public disclosure of all audit reports.Our Approach
Security in the DeFi ecosystem requires continuous evolution. As the threat landscape changes, our security measures adapt accordingly. We maintain ongoing evaluation of new security tools, enhanced processes, and improved defensive capabilities. Our security philosophy centers on defense in depth combined with operational transparency. We employ multiple layers of security controls, independent verification mechanisms, and public disclosure of security practices. This approach forms the foundation of trust with our users and partners.Last Updated: October 2025