# INIT Capital Update audit Code4rena · Money market · 26th January 2024 A private security review of INIT Capital (money market), conducted with Code4rena and completed on 26th January 2024. 0xSimao's findings from it are not published individually. ## What INIT Capital is INIT Capital is a position-based money market: lending positions are first-class objects that strategies and integrations can hold, borrow against and compose, with liquidity hooks letting other protocols plug leverage directly into the market. ## Scope The update to INIT Capital's core contracts, reviewed in a follow-up Code4rena invitational against the first round's findings. ## The report [Read the report](https://github.com/0xsimao/audits/blob/main/Code4rena/private-audits/2024-01-26-init-capital-i.md)