# Security

Hypertrade is fully non-custodial and permissionless. Users interact directly with the protocol's smart contracts, and no third party ever takes custody of their assets. All swaps, liquidity deposits, and withdrawals happen entirely on-chain, following deterministic rules encoded in the AMM.

#### Core security principles

* Immutable AMM logic - The core smart-contract logic cannot be altered after deployment, ensuring predictable and verifiable behavior.
* Transparent reserves - All token balances inside pools are visible on-chain at all times. Anyone can independently verify liquidity, fees, and swap outcomes.
* No privileged execution paths - There are no admin keys or special accounts that can alter pricing, move user funds, or bypass normal pool logic.
* Continuous auditing of smart contracts - Smart contracts are subject to ongoing review and external audits to detect and minimize potential vulnerabilities.

#### Result

Users always retain full control over their assets, interacting directly with verifiable, permissionless smart contracts rather than intermediaries.


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