AftermathFi’s Perpetuals V2 launches on mainnet after 12-week security review clears all major issues

AftermathFi is bringing its Perpetuals V2 to mainnet on August 18, and for once, the security story behind a DeFi launch is actually worth reading. Blockchain security firm OtterSec spent 12 weeks combing through nine separate repositories of the protocol’s smart contracts and came up empty on critical and high-severity issues, a result that matters considerably more given what happened the last time AftermathFi ran a perpetuals product in production. The Sui-based decentralized exchange announced the audit completion on August 14, leaving a narrow four-day window before the live launch. What the audit actually covered Twelve weeks is a long runway for a smart contract review. OtterSec is not a new name in this space. The firm has a track record of securing protocols with over $36B in total value locked and has patched vulnerabilities cumulatively exceeding $1B across its client base. It had previously reviewed components of AftermathFi’s infrastructure, including the Perps Oracle, in late 2025, so the team was not coming in cold. The shadow of the April exploit On April 29, 2026, AftermathFi suffered an exploit that drained approximately $1.14M USDC from its original Perpetuals mo...