# StarkWare Perps audit contest Code4rena · Perpetuals DEX · 17th March 2025 · #22 A public audit contest on Code4rena (perpetuals DEX), completed on 17th March 2025. 0xSimao placed #22. His findings from it are not published individually. ## What StarkWare Perps is Starknet Perpetuals is StarkWare's engine for running a decentralised perpetuals exchange: self-custodial positions, trustless settlement, and leveraged exposure to synthetic assets against posted collateral. A position holds one collateral asset and one or more synthetics, and the exchange operator defines the initial and maintenance margin requirements, with funding and liquidations keeping leveraged positions solvent. ## Scope The Starknet Perpetuals Cairo contracts: positions, the collateral and synthetic asset registries, margin requirements, funding and liquidations. ## The contest [View the contest page](https://code4rena.com/audits/2025-03-starkware-perps)