Collateral comes first.
Writers must lock the full underlying asset amount before offering an option. Locked collateral is not lent, restaked or reused elsewhere.
Fully backed at entrySecurity, With The Receipts.
Independent review. Clear safeguards. A direct line for the unexpected.
Open To
Inspection.
The findings, the fixes and the decisions.
Published for you to read.
0Critical, high or medium findings
1Low-severity findings
4Informational findings
4 fixed1 acknowledged
As recorded in the published reportView findings and outcomes
- LEDIG1-1LowFixed
Exercise when a writer cannot receive tokens
- LEDIG1-2InformationalAcknowledged
Writer allocation on partial exercise
The allocation trade-off is acknowledged. Proportional allocation was deferred for further testing.
- LEDIG1-3InformationalFixed
Repeated accounting updates
- LEDIG1-4InformationalFixed
Strike-rate decimal limits
- LEDIG1-6InformationalFixed
Unused fee-routing permissions
Careful
By Design.
Security starts with how funds, permissions and exits fit together. These principles guide the protocol.
Each series has its space.
Each series has its own contract, vault and accounting. Settlement follows the writers backing that buyer's position.
Separate series. Clear accounting.Clear roles. Controlled entry.
New buying and writing require approval. A wallet can enter as a buyer or a writer, with separate permissions for each role.
Approved participationPause risk. Preserve exits.
Pause controls stop new posting and buying. They are designed to preserve eligible exercise, cancellation and withdrawals under the contract rules.
Exits stay explicit.Found something we
should see?
If you suspect a vulnerability in Ledig's website, services or protocol, report it privately to our team.