Audit and Transparency

Non-custodial Vaults

When you deposit into Elemental Lend, your assets are held in a Voltr non-custodial vault. This means Elemental never holds user deposits directly.

Voltr provides secure vault infrastructure that allows managers like Elemental to deploy capital only within approved, whitelisted strategies under strict smart-contract controls. Elemental has management access, but not custody. It can allocate funds between authorized strategies, but it cannot withdraw user assets.

This architecture ensures that depositor funds remain fully protected at all times.

Audit

Voltr's vaults have been audited by Sec3 X-Ray and FYEO. Both audits are smart-contract reviews and all identified vulnerabilities, ranging from low-severity optimizations to higher-impact logic issues have been addressed and remediated.

Sec3 X-Ray Audit Report
FYEO Audit Report

Transparency

Elemental also provides complete on-chain visibility into fund locations. The main website dynamically displays how assets are distributed across integrated protocols, allowing depositors to verify allocations in real time.

Transparency is not an afterthought - it’s a design principle.

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