> For the complete documentation index, see [llms.txt](https://chi-protocol.gitbook.io/chi-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://chi-protocol.gitbook.io/chi-docs/concepts/risks/smart-contract-risk.md).

# Smart Contract Risk 

Smart Contract Risk

<figure><img src="https://679438959-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWSJjW0RbNohJTdo1T9uY%2Fuploads%2FbXHsDy9yhvB7jXGliOO3%2FFrame%202095585144.png?alt=media&amp;token=cb47112a-9250-426a-8cec-33c7ae63b019" alt=""><figcaption></figcaption></figure>

As in all DeFi products, there is a risk that the protocol could have a smart contract vulnerability or bug, potentially exposing some or all of its funds to hacking. To mitigate this risk, several security measures are in place:

* The smart contracts are **open source** and designed with **minimised complexity**, reducing potential attack vectors.
* The code has undergone two **thorough** **audits** conducted by [Nethermind](https://github.com/NethermindEth/PublicAuditReports/blob/main/NM0257-FINAL_CHI_PROTOCOL.pdf) and [ABDK](https://github.com/abdk-consulting/audits/blob/main/chi/ABDK_Chi_ChiProtocol_v_1_0.pdf), ensuring its security and reliability.
* Any critical changes to the protocol's smart contracts are **subjected to additional audits** before implementation, further safeguarding the protocol from potential vulnerabilities.

{% hint style="info" %}
More details about Chi's security measures can be found in the dedicated [Security](/chi-docs/resources/security.md) page. [ ](/chi-docs/resources/security.md)
{% endhint %}