Steer Protocol Completes Hashlock Audit for Options Liquidity Vaults

Steer Protocol Passes Audit for Options Vaults on Stryke

Singapore, April 16, 2025 – Steer Protocol, a pioneering force in decentralized liquidity infrastructure, has successfully completed a comprehensive smart contract audit conducted by leading blockchain security firm Hashlock. This milestone audit centers around a recent upgrade to Steer's Smart Pools, which introduces support for options liquidity management, significantly enhancing the protocol’s capabilities within the decentralized finance (DeFi) landscape.

The newly audited upgrade enables automated and actively managed options liquidity provisioning on Stryke, a prominent decentralized options trading platform. By incorporating advanced liquidity strategies, Steer Protocol continues to push the boundaries of capital efficiency in DeFi. The integration allows users to engage in options markets with reduced complexity and improved yield opportunities, marking a pivotal step toward Steer’s broader vision of scalable, autonomous liquidity infrastructure.

Hashlock’s audit process involved a meticulous line-by-line analysis of the updated smart contracts, ensuring rigorous adherence to Web3 security standards. The audit revealed no critical vulnerabilities and validated that the new vault architecture complies with industry best practices. This positive outcome reinforces Steer Protocol’s reputation for reliability, security, and innovation in the fast-evolving DeFi sector.

The vaults, which will soon go live on both Steer Protocol and Stryke, offer users access to fully automated options liquidity strategies. These strategies are designed to abstract away the complexities traditionally associated with options trading, while still enabling sophisticated financial exposure and improved yield profiles. With this launch, Steer enhances the practical utility of its Smart Pools and introduces a fresh mechanism for users and protocols to generate returns with minimal manual oversight.

This achievement highlights Steer’s dedication to delivering a secure, composable, and scalable infrastructure layer for DeFi applications. Steer’s modular platform architecture allows for seamless cross-chain deployments, enabling apps, vaults, and strategies to be built and monetized on top of any protocol. With over 200 industry partners, 23,000+ users, and 1,800 apps deployed across 30+ chains, Steer continues to demonstrate its growing influence in the Web3 space.

The vault upgrade also leverages Steer's proprietary Protocol Validated Services (PVS), enabling committees of Steer-powered nodes to process application intents in a decentralized, secure manner. This setup promotes a strong correlation between protocol usage, token demand, and network robustness, fostering a healthier ecosystem. The ability to automate smart contract functions using off-chain data introduces new levels of efficiency, aligning with Steer's mission to bring web2 performance into web3 environments.

Hashlock, headquartered in Australia, is known for its best-in-class blockchain security services, offering smart contract audits and advisory support across a wide range of ecosystems and programming languages. The firm’s client portfolio includes prominent projects like Peaq, Algem, and Immersve, and spans across DeFi, infrastructure, and application layers of the blockchain stack. Their audit of Steer’s latest upgrade serves as a strong endorsement of the protocol’s maturity and commitment to safe DeFi innovation.

Steer Protocol and Hashlock's collaboration underscores a shared vision for a more secure and functional DeFi ecosystem. By prioritizing comprehensive audits and robust infrastructure, the two firms are contributing to the broader movement toward institutional-grade, user-friendly decentralized applications.

The completion of this audit is a significant milestone for Steer Protocol as it continues to empower developers to build data-rich, cross-chain apps and one-click vaults that drive token utility and DeFi adoption forward.

About Steer Protocol

Steer Protocol is a decentralized platform providing advanced liquidity management infrastructure for DeFi. Through automated strategies, cross-chain deployments, and modular smart contracts, Steer enables protocols, DAOs, and users to optimize yield and manage risk with minimal overhead.

About Hashlock

Hashlock is a Web3 security firm specializing in smart contract audits and blockchain technology cybersecurity. With a mission to secure the decentralized future, Hashlock provides comprehensive audit and advisory services to top-tier blockchain projects and protocols.

Media Contact:
Derek Barrera
CEO/Founder
Steer Protocol
Email: contact@steer.finance