Cyclos is delighted to reveal that Halborn, an elite cybersecurity auditing firm in the crypto space, completed the security of its concentrated liquidity market maker platform.

Halborn was tasked with subjecting the market maker platform to a range of security tests. The scope of the security tests entailed an assessment of the risks and implications based on the code contained in the Cyclos protocol’s private Github repo.

The purpose of the security audit was twofold: ensure that the program functions are intentional, and identify potential security issues with the program. The Halborn team performed both a manual review of the code as well as automated security testing. Halborn’s audit of Cyclos protocol yielded a satisfactory result overall.

With the upcoming launch of our concentrated liquidity market maker planned for the month of October, we, as a team, feel it is imperative to go above and beyond best practices when it comes to security in the interest of our community. Our partnership with Halborn takes us a step further toward ensuring the security of the platform code. Underlying all of the milestones we are accomplishing with Cyclos, security will always be paramount. We believe our partnership with Halborn underscores this.

About Halborn

Halborn is an award-winning, elite cybersecurity company for blockchain organizations.

Security work never ends. Halborn serves as a third-party partner to continuously assess an organization’s most vital assets, drive maximum value and provide world-class cybersecurity consulting and execution every step of the way — far beyond smart contracts.

Website ♦ Blog ♦ Twitter ♦ Youtube

About Cyclos

Cyclos is a concentrated liquidity market maker protocol that aims to be the go-to liquidity solution for digital asset trades on Solana. Cyclos leverages innovations around greater capital efficiency and combines them with a simple, intuitive UI, allowing liquidity providers of all sizes to participate in the market.

Website ♦ Twitter ♦ Telegram ♦ Discord ♦ Medium

⏩  SOURCE