Tenor Contracts audit
A private security review of Tenor (fixed-rate lending), conducted with Sherlock and completed on 5th July 2026 over 3 days. 0xSimao's findings from it are not published individually.
What Tenor is
Tenor is a collection of immutable contracts extending the Morpho stack, primarily Morpho Midnight, the intent-based fixed-rate lending protocol, alongside Morpho Blue, Vault V2 and Morpho's oracles. Its job is movement: getting positions into, out of and between fixed-rate markets without dismantling them by hand.
Scope
The Sherlock review covered the callback set invoked during Midnight's take(): migrations from Morpho Blue into fixed-rate positions and back, moves from Vault V2, and Midnight-to-Midnight renewals at a new maturity, each an atomic transition executing entirely within the take.
The report