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

# Risk and Security

### Risk Management

Hover is engaging with the experienced team at [Ledger Works](https://www.lworks.io/) to assess market risk and manage protocol parameters to increase capital efficiency while keeping user funds secure. Their team provides real-time continuous market surveillance and uses deterministic financial models, stochastic modeling, and network-wide simulations to assist with minimizing Hover's exposure to market risks.

### Audits

Hover has had the following smart contract audit completed by WatchPug in August 2023. 

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