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ThalaSwap Risk, Audits & Admin Control — Moderate Risk | Yielna
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ThalaSwap
Overview
TVL
$795K
Down 69% over 90 days
Live since
2023
TVL, last 90 days
$2.59M
$1.60M
$605.4K
Jul 2
Aug 13
Sep 28
Risk
How it's measured
Lower risk
Higher risk
Moderate
Full data
What's behind it
Security
Audits
Audited by Spearbit, Cantina, Zellic and 1 others, September 2025
Audit page
Contract status
Source not published for 1 of 1 contract, upgradeable
ThalaSwap 0x4827…61af
Upgrades controlled by
Multisig
0x4dca…5ee9
Multisig
3 of 8 signers must approve
Safe 0x4dca…5ee9
Timelock
None — admin changes take effect immediately
Track record
Through market stress
Came through all 2
August 2024 crash — deposits grew 28%
October 2025 liquidation cascade — kept 47% of its deposits
Exploit history
15 Nov 2024
— Missing Input Validation
$25.5M lost · No reimbursement recorded
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