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Network and Security

Settlement on a public network gives verifiability, not immunity. These are the assumptions a user is making when executing through Philetral.

Assumptions

  • The wallet is the only authorization authority for asset movement.
  • Chain ID and destination contract are checked before each signature.
  • Transactions are final once settled and cannot be reversed by Philetral.

Residual risks

  • Smart-contract vulnerabilities in third-party protocols
  • Oracle or data-source failure
  • Network congestion, reorgs, or downtime
  • Front-running and unfavourable execution ordering
  • Phishing interfaces impersonating Philetral