Zug, Switzerland, February 11th, 2025,
Chainwire
Hashlock, a leader in Web3 security and
smart contract auditing, has announced the successful completion of
a security audit for Rank Trading, a
platform for automated quant trading for everyone.
The Rank Trading team partnered with Hashlock to conduct a
security audit of their RankFactory.sol, RankStrategy.sol,
and RankToken.sol smart contracts. Hashlock manually and
proactively reviewed the code in order to ensure the project’s team
and community that the deployed contracts were secure.
Rank Trading is a DeFi trading platform with AI tools
specifically designed for advanced traders with or without
coding experience. Like OpenSea for NFT, Rank is a marketplace for
traders where the performance of each trader's strategy will
be ranked according to return, with rankings
innovatively displayed so that anyone can follow day-to-day
performance. This in turn allows peers on Rank—even someone without
any trading knowledge—to evaluate the rankings and invest in any
trader's strategy that best suits their expectations in terms of
risk and reward.
Hashlock audited the solidity code within the Rank Trading
project, the scope of work included a comprehensive review of
the smart contracts listed below. They tested the smart contracts
to check for their security and efficiency. These tests were
undertaken primarily through manual line-by-line analysis and were
supported by software-assisted testing.
After Hashlock’s Audit, they found the smart contracts to be
“Secure”. The contracts all follow simple logic, with correct and
detailed ordering. They use a series of interfaces, and the
protocol uses a list of Open Zeppelin contracts. The team initially
identified some significant vulnerabilities that have since been
addressed.
All issues uncovered during automated and manual analysis were
meticulously reviewed and applicable vulnerabilities are presented
in the Audit Findings section. The general security overview is
presented in the Standardised Checks section and the project's
contract functionality is presented in the Intended Smart Contract
Functions section.
About Hashlock:
Hashlock is a leading Web3 security
firm specializing in smart contract auditing and blockchain
cybersecurity. Their mission is to ensure the safe adoption of
blockchain technology through rigorous audits and comprehensive
security services.
Website: https://hashlock.com/
X: https://x.com/Hashlock_
About Rank Trading
Rank is a platform where users can
invest in automated trading strategies, create their own without
code, or tap into advanced AI trading agents. Acting as a gateway
to professional algorithmic trading – but without the usual
complexity and barriers to entry.
Website: https://www.rank.trading/
X: https://x.com/ranktrading
Contact
CMO
Nicolas
Gates
Rank
Trading
nick@rank.trading