🔍Audits
Kodiak has done 3 rounds of audits on the core protocols, as well as rounds of audits focused on different new products (Panda Factory, Bault, Meta-Aggregator, Fungible, etc). In all audits - all issues raised have been addressed and no critical issues were found.
Core Protocol
December 2024, 0xMacro: focused audit on Kodiak Islands and Farms
April 2024, 0xMacro: Dex Core and Periphery, Islands, Farms, Tokens
February 2024, Kalos: Dex Core and Periphery, Islands, Farms, Tokens
Panda Factory
October 2024, 0xMacro: Panda Factory
Bault
May 2025, AstraSec: Bault (auto-compounding vaults)
Meta-Aggregator, Fungible
May 2025, AstraSec: Meta-Aggregator, Fungible (NFT tokenization)
For technical reference, here is a brief technical overview of the various parts of the protocol:
Dex V2: Exact fork of Uniswap V2
Dex V3: Fork of Uniswap V3 with one small difference:
Modified feeProtocol to uint32 in slot0 (only relevant for integrators, not normal users)
Kodiak Island: "Modified from" Arrakis V1 vaults (ArrakisFinance/vault-v1-core). Key differences:
Vaults are non-upgradeable after deployment (vs upgradeable in original implementation)
Simplified rebalances to enable "permissionless" fixed vault creation with no ownership
For managed vaults, rebalancing can route through liquidity throughout Berachain
Kodiak Farm: "Modified from" Frax Communal Farm (FraxFinance/frax-solidity). Key differences:
Farms can be deployed permissionlessly via FarmFactory
Panda Factory: Fully built in-house, very loosely "inspired by" pump.fun on Solana
Bault: Fully built in-house, ERC-4626 compliant vaults that compound BGT with bounty mechanism
Meta-Aggregator: Fully built in-house, Dex router that can call aggregator APIs
Fungible: Fully built in-house, NFT tokenization product
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