Summary
Security audit of Liquify's peer-to-peer lending protocol where borrowers define loan terms and lenders fund through a fundraising mechanism, operating without external oracles.
Audited Functionality
The Liquify Borrowing and Lending component is a new product in the Liquify Ventures ecosystem.
Borrowers put up collateral and draft the terms of the loan themselves while the lenders provide the underlying loan amount through a fundraising mechanism.
The system does not use any external oracle, relying on market participants to correctly estimate their assets worth when accepting to participate in any existing loan.
Findings Breakdown
About Liquify Ventures
liquify.venturesLiquify Ventures is a DeFi platform that addresses token liquidity challenges in blockchain projects. The platform enables investors and project creators to trade locked tokens before their vesting schedules complete through its "Liquid Vesting" feature, which converts locked allocations into immediately tradeable synthetic tokens. Liquify also provides tools for token allocation management, peer-to-peer trading, and lending/borrowing modules, serving project initiators, individual investors, and community VCs looking to access or manage early-stage blockchain investments.
Details
- Date
- Jul 2025
- Client
- Liquify Ventures
- Disclosure
- Public
- Blockchain
EVM- Auditors
- ABASilverologist