Contracts

Understanding smart contracts and their role in Axal

While Axal itself doesn't introduce new smart contracts, it leverages major open-sourced contracts used by top DeFi protocols.

All allocations are managed through transparent, audited smart contracts. There are no middlemen and no hidden moves, only code that executes the documented strategy logic. This section summarizes the contract roles and where they sit in the system.

What are smart contracts

Smart contracts are programs on chain that automatically enforce rules when predefined conditions are met. They provide a verifiable way to route deposits, manage allocations, and execute rebalances.

Contracts and vaults

All allocations sit on Base and are wired to explicit contract addresses. Below we outline the key vault contracts, the deposit token, and the external protocol contracts our system interacts with. This list reflects the live configuration and is kept current as components evolve.

Protocol contract addresses interacted with

Morpho

ContractAddress
Universal Rewards Distributor0x5400ddb270c956e8985184335a16c2aac6ce1333
Morpho Blue0xBBBB8422cDAf9E8281C7DD20DF3457F10d740596

Euler

ContractAddress
USDC Debt0xCb268fec51b3E97f4a7DCB0DAD6baba9eC7C6ae8
Interest Rate Model0xA45ACA351613AF93cEb9C5bd4BB93C3Ec28f8c83
balanceTracker0x029fDEe858EdB0553D6bfdc538546586641DD7438
evc0x5301c7dD20bD945D2013b48ed0DEE3A284ca8989

Contract security

Auditing

  • Third-Party Audits: Independent security reviews
  • Formal Verification: Mathematical proof of correctness
  • Bug Bounties: Incentivize security research
  • Insurance Coverage: Protect against vulnerabilities

Best practices

  • Code Reviews: Multiple developer reviews
  • Testing: Comprehensive test coverage
  • Monitoring: Real-time contract monitoring
  • Upgrades: Secure upgrade mechanisms

Contract transparency

  • Open Source: All contracts are publicly available
  • Verification: Contracts verified on blockchain explorers
  • Documentation: Comprehensive technical documentation
  • Community Review: Open to community feedback

Support