PANews reported on March 5th that Aave Labs has released a full transparency report on its Aave V4 security program, covering methodologies, processes, and results. The report is endorsed by several security organizations, including Trail of Bits, Blackthorn, and Certora. The program involved approximately 345 days of security review, including manual audits, formal verification, invariant testing, fuzzing, and public security competitions. The program was supported by a dedicated security budget of $1.5 million approved by the DAO.

Aave Labs announced that it will continue five core commitments from the Aave V4 security initiative: embedding formal verification early in the development phase to ensure that architecture design is guided by security methodologies, not just verification; adopting a layered security approach, including manual review, formal verification, invariant testing, AI-assisted inspection, fuzzing, and public security contests to cover more potential vulnerabilities; maintaining continuous security coverage, with the formal verification framework and invariant test suite running continuously as the protocol iterates; establishing a long-term bug bounty program to leverage the broader security community for continuous monitoring; and optimizing AI scanning capabilities to continuously improve the level of intelligent security detection in future versions based on existing testing experience.

Aave's 5th anniversary: over 2.3 million users, TVL exceeds $34 billion

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