Manual Review

A thorough line-by-line review was conducted on the codebase to identify potential malfunctions and vulnerabilities in the Tesseract vault deployment pipeline.

As the project at hand implements a managed deployment and configuration layer atop IPOR Fusion PlasmaVault instances, intricate care was put into ensuring that the flow of funds and role-based access control rules within the system conform to the specifications and restrictions laid forth within the protocol's specification.

We validated that all state transitions of the system occur within sane criteria and that all rudimentary formulas within the system execute as expected. We pinpointed a privilege escalation pathway within the system which could have had moderate ramifications to its overall operation; for more information, kindly consult the audit report's medium-severity exhibit.

Additionally, the system was investigated for any other commonly present attack vectors such as re-entrancy attacks, mathematical truncations, logical flaws and ERC / EIP standard inconsistencies. The documentation of the project was satisfactory to the extent it need be.

A total of 9 findings were identified over the course of the manual review of which 5 findings concerned the behaviour and security of the system. The non-security related findings, such as optimizations, are included in the separate Code Style chapter.

The finding table below enumerates all these security / behavioural findings:

ID	Severity	Addressed	Title
CMR-01M			Potentially Misleading Events
CMR-02M			Inexistent Market ID Length Checks
CMR-03M			Inexistent Validation of Whitelist State
TVD-01M			Inexistent Control Variable of Fees
WGN-01M			Non-Standard Whitelist Condition