Audit count

Hyperliquid's assessment for RD-F-004 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Bridge2: 2 distinct firms — Cyfrin (Mar 2023) and Zellic (Aug 2023 + Nov 2023 patch review). The Nov 2023 Zellic report is a patch-review, not an independent full-scope second audit; total independent firm count is 2. L1: 0 audits. For a $4.7B TVL protocol, 2 firms covering only the bridge surface with no L1 audit is materially below peer expectation.

Sources #

Audit
Hyperliquid audits pageZellic Aug 2023 and Nov 2023 reportsretrieved 2026-04-28
Audit
Cyfrin Hyperliquid DEX audit report (2023-04-11)Cyfrin audit report March 2023 engagementretrieved 2026-04-28

Methodology #

Count the number of distinct audit firms whose reports cover any portion of the currently-deployed bytecode.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol hyperliquid factor RD-F-004 score yellow collected_at 2026-04-28 13:58:49