External Auditing

The ELUSD protocol was developed as a fork of Neutral Finance’s open-source codebase.

Neutral Finance has completed smart-contract security reviews by independent auditors:

• Spearbit Review (July 2025) — holistic protocol security assessment

• Cantina Audit (July 2025) — comprehensive smart-contract security audit

• Sherlock Security Review (August 2025) — competitive (contest-based) audit

• Spearbit Follow-up (September 2025) — follow-up review covering code changes

For detailed audit information, please refer to the official Neutrl Docs.