# Security

### Status: Mainnet Beta

Security is the absolute number one priority at Derivio. Multiple security audits were conducted by third-party audit firms, and bug bounties are available for white-hat hackers and the broader security community.&#x20;

Derivio is currently in public beta. Please do your own research and use Derivio at your own risk.

### Bug Bounty

If you find a bug or vulnerability in the smart contracts or website, please report to <security@derivio.xyz>.

* Critical vulnerability: Up to $300,000
* High vulnerability: Up to $25,000
* Medium or lower vulnerability: Up to $10,000

We are in the process of setting up a public bug bounty program with a third-party trusted platform. Please stay tuned.&#x20;

### Oracle

Derivio uses Pyth Network as the primary price oracle, which provides decentralized, real-time aggregated prices from Pythnet. For more information, see <https://pyth.network>.

Derivio allows the following backup oracle if Pyth is unavailable: weighted average of centralized exchange prices.

### **Audits**

June 2023: OtterSec audit

{% file src="/files/QAi9Bn2v02YqZTXi6XZP" %}

July 2023: Halborn audit

{% file src="/files/hqaQYeY7sVUrnPH25mA3" %}


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