Morpho Blue IRM Smart Contract Audit
Cantina Security Report
Organization
- @Fastlane
Engagement Type
Spearbit Web3
Period
-
Repositories
Researchers
Security Review of Morpho Blue’s Interest Rate Models
Cantina partnered with Morpho, a protocol redefining on-chain lending through permissionless, composable lending layers, to audit its Interest Rate Models (IRM) used within Morpho Blue. These models are core to Morpho’s capital efficiency, enabling adaptive, formula-driven rate dynamics based on utilization.
With IRMs directly shaping lending and borrowing behavior, this audit ensured the precision, predictability, and safety of Morpho’s interest calculation mechanisms. As part of its effort to create a resilient DeFi ecosystem, Morpho’s engagement with Cantina reflects its commitment to engineering both innovation and robustness.
The review was conducted through Cantina’s security audits offering. To see how projects like Morpho reinforce trust in protocol design, explore Cantina’s bug bounty programs and crowdsourced security competitions.
Findings
High Risk
15 findings
15 fixed
0 acknowledged
Medium Risk
25 findings
24 fixed
1 acknowledged
Low Risk
35 findings
31 fixed
4 acknowledged
Informational
81 findings
74 fixed
7 acknowledged
Gas Optimizations
34 findings
31 fixed
3 acknowledged