DeFi Audits

DeFi Audits

CrossFi Completes Comprehensive Security Audits of Key DeFi Products

CrossFi is proud to announce the successful completion of rigorous security audits conducted by the leading blockchain security firm, Nox Labs. These extensive audits encompassed critical components of CrossFi's decentralized finance (DeFi) product suite, further affirming CrossFi's commitment to user security, transparency, and operational excellence.
The audit covered:

xSwap Decentralized Exchange (DEX)

Nox Labs thoroughly reviewed the smart contracts underpinning xSwap, CrossFi’s decentralized exchange. The auditors identified no critical vulnerabilities, and all medium- and low-severity issues were swiftly addressed. Key improvements included enhanced token transfer precision and tightened security measures for seamless and secure asset swapping.

xApp Staking System

CrossFi’s staking platform underwent meticulous inspection, resulting in crucial enhancements. The introduction of emergency withdrawal mechanisms and refined reward calculation systems significantly bolster the platform’s reliability and user confidence. All reported vulnerabilities were rectified, demonstrating CrossFi's proactive security measures.

Pholend Lending Protocol

The lending protocol Pholend, vital for CrossFi’s DeFi ecosystem, showed robust security performance in its audit. Minor findings were effectively addressed, with optimizations made to reward calculations, input validation, and system reliability. These enhancements guarantee secure and efficient lending and borrowing operations for users.

Native XFI Staking Platform

CrossFi’s native staking solution also underwent comprehensive auditing, identifying and fully resolving critical concerns, thus enhancing staking logic, operational transparency, and user experience. These improvements solidify the platform’s security infrastructure and ensure optimal performance.

CrossFi’s COO stated, "These successful audits underscore our unwavering commitment to security, transparency, and operational integrity. Our users can confidently engage with CrossFi, knowing we continually strive for industry-leading security standards."

These audit results position CrossFi as a trustworthy leader in the DeFi sector, dedicated to delivering secure, user-centric solutions. CrossFi remains steadfast in its mission to empower users with reliable financial services within the decentralized finance space.

About CrossFi

CrossFi integrates traditional financial systems with decentralized technologies, providing users worldwide with seamless access to innovative financial products and services. Dedicated to enhancing financial inclusivity and transparency, CrossFi remains at the forefront of blockchain and fintech innovation.