# Security & Audits ## Verified & Audited All the contracts are open for external code auditors / white hats to verify the code. We're constantly running bug bounties and conducting security audits. Velvet.Capital has undergone 7 audits with leading firms such as Peckshield, Softstack (fka Chainsulting), Resonance Security, Shellboxes as well as an open audit competitions with Hats Finance. Final reports can be found here: ## Real-Time Security Monitoring Velvet.Capital partnered with Forta (the largest network of security intel in Web3) to get machine learning-generated intelligence about exploits, scams and other threats from a community of leading security experts. Velvet.Capital also uses Open Zeppelin Defender 2.0, a security platform to code, audit, deploy, monitor, and operate the protocol, including its native integration with Forta. Finally, Tenderly provides transaction simulation and real-time alerts for on-chain events, including any irregular activity. ## Bug Bounty We currently have two bug bounties live, please refer to the scope and rewards on Immunefi and Hats Finance:[ ](https://app.hats.finance/bug-bounties/velvet-capital-0xb495c253b33abd5cea007df2ff8ee9f61bc6d35e/rewards) [\ \- Velvet Capital Bug Bounty Program](https://app.hats.finance/bug-bounties/velvet-capital-0xb495c253b33abd5cea007df2ff8ee9f61bc6d35e/rewards) (Hats Finance) [- Velvet Capital Bug Bounty Program](https://immunefi.com/bug-bounty/velvetcapital/) (Immunefy) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.velvet.capital/security-and-audits.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.