> For the complete documentation index, see [llms.txt](https://etherfi.gitbook.io/etherfi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://etherfi.gitbook.io/etherfi/security/security-and-risks.md).

# Security & Risks

Security is foundational to ether.fi. The protocol is non-custodial, fully audited by leading firms, and governed by multisigs with published signer configurations and a documented trust model. This section explains how funds are protected and lays out the risks honestly so you can make informed decisions.

## Start here

<table data-view="cards"><thead><tr><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><strong>Audits</strong></td><td>Reports from the security firms that have reviewed ether.fi's smart contracts.</td><td><a href="/pages/tpLLLz0cp60VCtKEyasp">/pages/tpLLLz0cp60VCtKEyasp</a></td></tr><tr><td><strong>MultiSigs &#x26; Controls</strong></td><td>Who holds the keys, the trust matrix, and the signing configuration changelog.</td><td><a href="/pages/uHokVGItWmiX3TLpgeWS">/pages/uHokVGItWmiX3TLpgeWS</a></td></tr><tr><td><strong>Slashing Risk</strong></td><td>How validator slashing works and how the protocol mitigates it.</td><td><a href="/pages/3Ved9CQgdmFUa1SopzdR">/pages/3Ved9CQgdmFUa1SopzdR</a></td></tr><tr><td><strong>Active Defense</strong></td><td>The protocol's ongoing monitoring and defensive measures.</td><td><a href="/pages/NlRnRk6rAMFYlexgJtxW">/pages/NlRnRk6rAMFYlexgJtxW</a></td></tr><tr><td><strong>Incident Management</strong></td><td>The incident response playbook and a transparent log of past incidents.</td><td><a href="/pages/hIxDllgRei0kJfDkP9Vy">/pages/hIxDllgRei0kJfDkP9Vy</a></td></tr></tbody></table>

{% hint style="warning" %}
Found a vulnerability? Please report it responsibly — do not disclose publicly. Reach the team through the channels listed in the [Help Center](https://help.ether.fi).
{% endhint %}


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