Neodyme is a German cybersecurity firm founded in 2021 by a team of elite European hackers who met through competitive CTF (Capture the Flag) competitions. The company was formed after the Solana Foundation contracted the group for source code auditing, and it has since specialized in securing complex software systems through comprehensive audits, penetration testing, and offensive security research. With a team of 25 employees, their work focuses on blockchain ecosystems and enterprise infrastructure, with a notable metric of protecting over $50 billion in Total Value Locked (TVL) on the Solana blockchain.
The team's offensive credentials are concrete: they've earned multiple Master of Pwn points at Pwn2Own, including 10 points in 2022 for hacking a printer and 10.75 points in 2024 for compromising printers and routers. This work informs their audit and penetration testing services for large enterprises. Their domains cover blockchain security, software auditing, and offensive research, with a direct line from competitive hacking to professional security consulting.
Neodyme also provides expert training programs at top-tier security conferences, including DEF CON. The company operates from Germany and works across blockchain, enterprise IT security, and broader cybersecurity verticals. For security professionals, the draw is a small, technically dense team where competitive exploit development meets real-world asset protection and enterprise defense.
