We take the security of our smart contracts extremely seriously. We’ve conducted rigorous internal testing and contracted independent top security firm PeckShield to perform thorough an audit of our smart contracts. Our audit is open-source, and verifiable by anyone.
Our track record speaks for itself: since launching our first product in October of 2018, dYdX is one of the only major DeFi protocols that has yet to receive a bug report of user funds being at-risk. No users have ever lost funds on dYdX.