For Financial Institutions

Sherlock secures the systems you build and operate onchain.

Your institution can deploy and manage capital in new ways onchain.
Doing so exposes that capital to code you do not control.
Sherlock builds the security program around that risk, from design through live operation.

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A single exploit can drain an entire onchain position in seconds.

Moving capital onchain introduces risks your existing controls may not cover. Code can move assets through systems outside your control, causing irreversible loss before you can intervene.

Three failure modes that expose capital

Diagram: bad valuation, privileged action and dependency failure stack above capital at risk. A single transaction can change collateral, withdrawals, or custody.Diagram: bad valuation, privileged action and dependency failure stack above capital at risk. A single transaction can change collateral, withdrawals, or custody.

Who can move or stop capital?

Signers, approvals, exceptions, and emergency authority.

What if the price
is wrong?

NAV, oracles, stale or unavailable inputs.

Which dependencies change risk?

Protocols, markets, configuration, liquidity, and custody.

Who detects
and acts first?

Signals, decision rights, and approved response paths.

New markets. New risks.

Sherlock research

How onchain failures become capital losses

A compromised signer, manipulated price, or vulnerable integration can move capital before a team can intervene.

Sherlock builds and runs your onchain security program.

Your institution’s exposure spans its contracts, infrastructure dependencies, and the people authorized to move capital. Sherlock aggregates these layers into one security program, from architecture through live operation.

One engagement, from architecture review to live response

Your onchain
architecture

Contracts, signers, pricing inputs, and integrations define where capital moves and who can move it.

Prevent

Threat modeling shapes controls; private audits review contracts and configuration.

Detect

Live monitoring tracks permissions, pricing inputs, and critical dependencies.

Respond

Sherlock investigates alerts and coordinates institution-approved response.

Scope the onchain security program your institution needs.

Tell us what your institution is evaluating, building, or operating. We will identify the immediate risks and recommend where to begin.

Your initiative

Risk review

Security scope

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We already secure the infrastructure your products depend on.

Sherlock secures the infrastructure that moves and manages capital onchain. We bring that firsthand experience to the financial products institutions build and operate.

~50,000
LOC reviewed

34 engagements

Vaults V2 audit: 24 issues identified and fixes verified. Sherlock’s wider work spans vault design, releases, and integrations.

~40,000
LOC reviewed

11 engagements

Sherlock’s V3 and V4 work includes private audits, a six-week public contest, and a live V4 bug bounty.

Sherlock at scale
$250B+

Active TVL across DeFi protocols Sherlock supports.

1,500+

Audits and security reviews

Sherlock’s security services for institutional onchain products, before and after launch.

Purpose-built for institutional capital. Sherlock’s services work together around your institution’s architecture, operational requirements, and capital at risk.

01
System Scoping
02
Design Controls
03
Auditing and Verification
04
Monitoring and Response
Service
Security work
Deliverables
Threat modeling
Security work

Map how fund flows, privileged roles, and dependencies could put capital at risk. Rank the loss paths and specify controls before launch.

Deliverables

Threat model, prioritized controls, decision register.

Private auditing
Security work

Review custom contracts, offchain integrations, and the configuration planned for launch. Recheck material code and parameter changes before they go live.

Deliverables

Written findings, configuration checks, change reviews.

Operational security
Security work

Define signer roles, key controls, approval thresholds, and emergency authority. Train authorized operators and rehearse exceptional actions.

Deliverables

Signer design, runbooks, training and drill results.

Monitoring & detection
Security work

Turn the threat model into tested alerts for valuation inputs, collateral, privileged changes, and dependencies. Tune routing and rules as conditions change.

Deliverables

Monitored conditions, alert routes, tested detections.

Incident response
Security work

Agree who can classify, pause, or restrict the system before an incident. Sherlock investigates alerts and coordinates the onchain response with your incident lead.

Deliverables

Response plan, named owners, incident records.

A standing security team for the onchain systems your institution operates.

Your institution’s exposure changes as code & infrastructure evolve. Sherlock reviews material changes, monitors agreed risk conditions, and coordinates incident response with your team.

Your code changes

A release alters permissions or capital flows.

Protocol upgrade

A protocol your product uses changes.

Dependency failure

An oracle, bridge, or integration fails.

Managed Monitoring and Response:

Sherlock reviews changes, monitors agreed conditions, investigates alerts, and coordinates approved action.

Protect client capital.
Limit disruption when systems fail.

Sherlock links live monitoring to pre-approved action. When a change or incident threatens capital, your team has a defined path to contain exposure, limit disruption to investors, and restore normal service.

Clearer change decisions
Earlier warning
Faster containment

Client testimonials

Aave has always implemented industry-leading security standards. V4 is designed to bring trillions of dollars and millions of users onchain, so continuing to meet those standards was not negotiable. Sherlock’s collaborative audit provided a deep review from a specialized team, and the public contest that followed confirmed their work was effective.

Stani Kulechov

Founder and CEO of Aave Labs

Rock solid security has always been a priority for Sky. Over time, it's become one of the defining features of the project. It only makes sense that the team would work with the market leader, Sherlock.

Rune Christiansen

Founder of Sky

Founder of Sky

We chose Sherlock because we were intrigued by the value of having multiple independent security researchers collaborating together. Our favorite part was the collaborative environment and effective feedback cycle between our team and Sherlock, making it a very productive experience.

Fredrik Svantes

Ethereum Foundation

Ethereum Foundation

What Sherlock delivers and how we are assessed.

Built for institutional diligence and oversight. Sherlock provides the evidence your team needs to evaluate our work, assess our own security controls, and oversee your engagement.

Engagement-level evidence

Reviewable
outputs

Control frameworks

Framework alignment

NIST CSF 2.0
Aligned
CCSS
Aligned
Third-party checks

Independent
review

SOC 2 Type II
Auditor engaged
Third-party penetration testing
Bishop Fox engagement underway
Experience across Sherlock’s leadership team

Team members previously worked at these organizations. Their logos do not imply Sherlock client relationships or endorsements.

Onchain security
for financial institutions.

Contact our team to discuss a planned or live onchain system. We will scope the first security engagement and explain exactly what it covers.

Contact our team