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Security

Audited & formally verified.

Our approach

LayerCover safeguards depositors' capital on top of one of DeFi's most battle-tested lending stacks. We hold the codebase to the bar we'd want for a system trusted with our own savings.

Tranche contracts (LayerCover)

The senior / junior wrapper, share-price math, notice mechanics, and protection waterfall. Built by LayerCover.

Audited byHexens

Vault infrastructure (Morpho V2)

The underlying ERC-4626 vault, allocator engine, and per-market accounting that the tranche contracts wrap. This is Morpho's code — battle-tested in production and independently audited by Spearbit, ChainSecurity, OpenZeppelin, and others. See Morpho's audit history for the full list.

Reporting issues

Security issues should be reported privately. Reach out to tim@layercover.com for the disclosure address.