LibraX Finance Smart Contract Audit: A Security Snapshot for Astar’s AMM
When launching a DeFi platform—especially an AMM DEX on Astar—nothing matters more than security. That’s where EtherAuthority steps in. Their audit of the LibraX Finance smart contracts confirmed: the code is “Secured”, giving users much-needed confidence before locking in value—and trust.
What’s Under the Hood?
LibraX underpins an AMM decentralized exchange on the Astar Network, offering a full suite of features like mint, transfer, permit, createPair, setFeeToSetter, setFeeTo, burn, swap, skim, and getBlockHash.
Solid Findings, Clear Outcomes
The audit delivered excellent news: 0 critical, 0 high, 0 medium‑severity issues, and just one low‑level concern, which has already been addressed.
Tools + People: A Strong Combo
EtherAuthority used well-known tools—Slither, Solhint, and Remix IDE—paired with manual code inspection to ensure thorough coverage.
Report Highlights in Brief:
- Scope: Core Uniswap-style contracts—ERC20, Factory, Pair, Router02, and Multicall
- Findings:
- One low-severity issue: missing event logs in certain functions (e.g., setFeeTo, setFeeToSetter)
- Code quality was generally strong and functional, though comments sometimes lacked the recommended NatSpec format
- Dependencies used were industry-standard open-source libraries
What It Means for You
- Trustworthy foundation: With only minor issues and quick remediation, the smart contracts are ready for deployment.
- Transparency matters: The audit doesn’t gloss over potential risks—EtherAuthority includes a disclaimer reminding investors that audits aren’t fail-safe, and recommends further testing such as bug bounties.
- Developer clarity: The report outlines a comprehensive methodology—from manual and automated tests, to documenting findings and suggesting remediation.
Security audits are the bedrock of DeFi trust. For users, knowing that LibraX’s contracts were carefully analyzed, tested, and cleared by EtherAuthority makes entering the liquidity pools a lot less nerve‑wracking. And for developers, this audit serves as a shining example of how combining tooling, human scrutiny, and clear reporting can deliver peace of mind—and safer DeFi.
For more detailed insights, you can explore the full audit report here: LibraX Protocol Smart Contracts Security Audit-Report
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