> For the complete documentation index, see [llms.txt](https://cicada-finance.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cicada-finance.gitbook.io/docs/security.md).

# Security

CICADA Finance employs a defense-in-depth security architecture that combines **multiple independent audits**, **continuous onchain monitoring**, and **institutional-grade governance and custody controls**. The objective is to deliver a security posture aligned with risk-aware professional capital, while maintaining transparency and verifiability for all users.

## Third-Party Audit Coverage

CICADA Finance’s core smart contracts, including (but not limited to) the **LT–RT Rebalance Mechanism**, **Convertor**, **Rebase Engine**, **LaunchX**, **Yield Engine**, and **Rebalance Engine**, have completed or are currently undergoing independent audits by leading security firms.

CICADA Finance follows a strict deployment standard: **no critical module is released to production without external security validation** and an internal readiness review.**Audit references (public where available):**

Beosin\
<https://www.beosin.com/audits/Cicada_202505261718.pdf> \
<https://beosin.com/audits/rtUSQ_202601061730.pdf>&#x20;

ScaleBit\
<https://scalebit.xyz/reports/20250821-1-Cicada-Finance-Final-Audit-Report.pdf>&#x20;

CertiK\
<https://skynet.certik.com/projects/mineral>&#x20;

SlowMist\
<https://github.com/slowmist/Knowledge-Base/blob/master/open-report-V2/smart-contract/Cicada%20Protocol%20rMner%20-%20SlowMist%20Audit%20Report.pdf>&#x20;

KEKKAI\
<https://github.com/KEKKAI-Inc/audit-reports/blob/master/MNER%20audit%20report.pdf>&#x20;

{% hint style="info" %}
Note: Certain reports may cover specific modules, assets, or historical deployments. CICADA Finance maintains a versioned audit and release process to ensure upgrades receive appropriate security review prior to deployment.
{% endhint %}

## Multi-Phase Audit Strategy

CICADA Finance applies a phased audit strategy designed for continuous delivery without compromising safety:

### Baseline Audit

A comprehensive structural security review of the broader protocol architecture, core flows, and privileged operations.

### Modular Audits

Isolated audits for major functional modules (e.g., Rebase Engine, LaunchX, Yield Engine), enabling tighter scope control, clearer remediation, and safer iterative upgrades.

### Upgrade Audits

Every material logic change, feature addition, or version iteration triggers additional audit and review cycles before release. This includes changes to parameters or governance-controlled modules where risk impact is non-trivial.

## Continuous Onchain Monitoring

Post-deployment, CICADA Finance connects production contracts to monitoring and alerting systems designed to detect abnormal activity and operational anomalies.Monitoring coverage typically includes:

* **Real-time risk identification** across contract interactions
* **Transaction behavioral analysis** to surface suspicious patterns
* **Immediate anomaly alerting** for rapid incident response and containment

Where appropriate, CICADA Finance may implement protective controls such as rate limits, module-level circuit breakers, or phased rollouts to reduce blast radius under adverse conditions.

## Institutional-Grade Governance Controls

### Multi-Signature Permissioning

All security-critical administrative functions (including yield pool management, parameter adjustments, upgrade rights, and emergency controls) are governed through **multi-signature wallets** designed to eliminate single-operator risk.Key properties:

* **Multi-party signing requirement**: no single individual or entity can unilaterally execute sensitive actions
* **Onchain verifiability**: signing and execution are transparent and independently auditable
* **Role-based access segmentation**: privileges are segmented to reduce the impact of compromised keys or misconfiguration
* **Upgrade isolation**: upgrade pathways are controlled to prevent privilege escalation and reduce systemic exposure

## Custody and Asset Segregation

### Tier-1 Institutional Custody

For offchain and real-world asset custody, CICADA Finance partners with institutional-grade custodians (including **Copper Clearloop** and **Ceffu**, where applicable). This structure is designed to meet the security and operational expectations of sophisticated participants.Key characteristics:

* **Offchain custody with onchain spending authorization only** where applicable, ensuring separation of assets from operational keys
* **Dual-layer protection** via multi-sig and MPC (Multi-Party Computation) custody models, reducing single-point-of-failure private key risk
* **Complementary controls** that reinforce CICADA Finance’s native multi-signature governance model

### Strict Asset Segregation

CICADA Finance maintains clear structural separation between:

* **Protocol-owned onchain assets** (e.g., liquidity pools and protocol-controlled modules)
* **Custodied offchain / real-world assets** (e.g., RWA collateral and external strategy capital)

Each category is ring-fenced through independent custody and authorization arrangements, designed to minimize cross-contamination risk between onchain and offchain domains.

\
CICADA Finance delivers a battle-tested security model built on:

* Multi-auditor validation
* Continuous monitoring
* Multi-signature governance controls
* Institutional custody and strict asset segregation

This security architecture is engineered to support long-term protocol operation and to provide a robust foundation for CICADA Finance’s onchain asset management infrastructure.
