Sherlock completes audit of Manifest Finance smart contracts with zero high-severity findings as platform prepares USH launch for tokenized home equity

Sherlock has completed a security audit of Manifest Finance’s smart contracts for its USH token and related infrastructure, reporting no high‑severity issues as the protocol prepares to launch USH, a token designed to bring U.S. home equity onchain. Sherlock reviewed more than 5,000 non-comment lines of code across the USH token, its associated token factory, and core protocol contracts, identifying only medium-, low-severity, and informational findings, which were either acknowledged or remediated by the team. According to Sherlock’s announcement, Manifest Finance aims to tokenize a portion of the estimated $45 trillion U.S. residential real estate market by enabling home equity to be represented and utilized onchain via USH and its supporting contracts. This places Manifest within the broader real-world asset (RWA) segment of DeFi, where protocols attempt to bridge traditional assets—here, housing wealth—into crypto-native environments for borrowing, liquidity, and other financial use cases. The clean audit outcome from a specialized DeFi auditor like Sherlock is an important de‑risking step for the protocol ahead of launch, given the history of smart contract exploits in similar onchain credit and RWA systems. The Sherlock report frames the audit as covering the “full breadth” of Manifest’s current architecture, including USH’s token mechanics and the logic that governs issuance and management, which is critical for maintaining correct supply and collateralization properties in a tokenized home‑equity system. Earlier, a separate audit by Hashlock on a Token Factory module associated with Manifest found and documented several medium- and low-severity issues that were later fixed, concluding that the module’s codebase is now sound and aligned with best practices. Together, these reviews indicate that core pieces of Manifest’s infrastructure have undergone multiple rounds of external scrutiny as the project moves toward production deployment of USH and its home‑equity tokenization model.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• [PDF] Manifest Token Factory Smart Contract Audit Report - Hashlock (hashlock.com)
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