> For the complete documentation index, see [llms.txt](https://docs.velvet.capital/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.velvet.capital/security-and-audits.md). # 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/) (Immunefi)