diff --git a/audit/auditLog.json b/audit/auditLog.json
index 3127e5784..6b57417ce 100644
--- a/audit/auditLog.json
+++ b/audit/auditLog.json
@@ -13,6 +13,13 @@
       "auditorGitHandle": "sujithsomraaj",
       "auditReportPath": "./audit/reports/2024.09.13_EmergencyPauseFacet.pdf",
       "auditCommitHash": "77441a088e0789513db4e068f7ef6c5c0988ee42"
+    },
+    "audit20241014": {
+      "auditCompletedOn": "14.10.2024",
+      "auditedBy": "Sujith Somraaj (individual security researcher)",
+      "auditorGitHandle": "sujithsomraaj",
+      "auditReportPath": "./audit/reports/2024.10.14_WithdrawablePeriphery.pdf",
+      "auditCommitHash": "b03e658b359f1696388e2aaeaf24a7c107ba462a"
     }
   },
   "auditedContracts": {
@@ -21,6 +28,9 @@
     },
     "StargateFacetV2": {
       "1.0.1": ["audit20240814"]
+    },
+    "WithdrawablePeriphery": {
+      "1.0.0": ["audit20241014"]
     }
   }
 }
diff --git a/audit/reports/2024.10.14_WithdrawablePeriphery.pdf b/audit/reports/2024.10.14_WithdrawablePeriphery.pdf
new file mode 100644
index 000000000..90125aa5a
Binary files /dev/null and b/audit/reports/2024.10.14_WithdrawablePeriphery.pdf differ
diff --git a/src/Helpers/WithdrawablePeriphery.sol b/src/Helpers/WithdrawablePeriphery.sol
new file mode 100644
index 000000000..9e4a08203
--- /dev/null
+++ b/src/Helpers/WithdrawablePeriphery.sol
@@ -0,0 +1,36 @@
+// SPDX-License-Identifier: MIT
+/// @custom:version 1.0.0
+pragma solidity 0.8.17;
+
+import { TransferrableOwnership } from "./TransferrableOwnership.sol";
+import { LibAsset } from "../Libraries/LibAsset.sol";
+import { ExternalCallFailed } from "../Errors/GenericErrors.sol";
+import { SafeTransferLib } from "solady/utils/SafeTransferLib.sol";
+
+abstract contract WithdrawablePeriphery is TransferrableOwnership {
+    using SafeTransferLib for address;
+
+    event TokensWithdrawn(
+        address assetId,
+        address payable receiver,
+        uint256 amount
+    );
+
+    constructor(address _owner) TransferrableOwnership(_owner) {}
+
+    function withdrawToken(
+        address assetId,
+        address payable receiver,
+        uint256 amount
+    ) external onlyOwner {
+        if (LibAsset.isNativeAsset(assetId)) {
+            // solhint-disable-next-line avoid-low-level-calls
+            (bool success, ) = receiver.call{ value: amount }("");
+            if (!success) revert ExternalCallFailed();
+        } else {
+            assetId.safeTransfer(receiver, amount);
+        }
+
+        emit TokensWithdrawn(assetId, receiver, amount);
+    }
+}
diff --git a/test/solidity/Helpers/WithdrawablePeriphery.t.sol b/test/solidity/Helpers/WithdrawablePeriphery.t.sol
new file mode 100644
index 000000000..bba1a0f12
--- /dev/null
+++ b/test/solidity/Helpers/WithdrawablePeriphery.t.sol
@@ -0,0 +1,119 @@
+// SPDX-License-Identifier: MIT
+/// @custom:version 1.0.0
+pragma solidity 0.8.17;
+
+import { WithdrawablePeriphery } from "lifi/Helpers/WithdrawablePeriphery.sol";
+
+import { TestBase } from "../utils/TestBase.sol";
+import { NonETHReceiver } from "../utils/TestHelpers.sol";
+
+contract TestContract is WithdrawablePeriphery {
+    constructor(address _owner) WithdrawablePeriphery(_owner) {}
+}
+
+contract WithdrawablePeripheryTest is TestBase {
+    WithdrawablePeriphery internal withdrawable;
+
+    event TokensWithdrawn(
+        address assetId,
+        address payable receiver,
+        uint256 amount
+    );
+
+    error UnAuthorized();
+
+    function setUp() public {
+        initTestBase();
+
+        // deploy contract
+        withdrawable = new TestContract(USER_DIAMOND_OWNER);
+
+        // fund contract with native and ERC20
+        deal(
+            ADDRESS_USDC,
+            address(withdrawable),
+            100_000 * 10 ** usdc.decimals()
+        );
+        deal(address(withdrawable), 1 ether);
+    }
+
+    function test_AllowsOwnerToWithdrawNative() public {
+        uint256 withdrawAmount = 0.1 ether;
+
+        vm.startPrank(USER_DIAMOND_OWNER);
+
+        vm.expectEmit(true, true, true, true, address(withdrawable));
+        emit TokensWithdrawn(
+            address(0),
+            payable(USER_RECEIVER),
+            withdrawAmount
+        );
+
+        withdrawable.withdrawToken(
+            address(0),
+            payable(USER_RECEIVER),
+            withdrawAmount
+        );
+    }
+
+    function test_AllowsOwnerToWithdrawERC20() public {
+        uint256 withdrawAmount = 10 * 10 ** usdc.decimals();
+        vm.startPrank(USER_DIAMOND_OWNER);
+
+        vm.expectEmit(true, true, true, true, address(withdrawable));
+        emit TokensWithdrawn(
+            ADDRESS_USDC,
+            payable(USER_RECEIVER),
+            withdrawAmount
+        );
+
+        withdrawable.withdrawToken(
+            ADDRESS_USDC,
+            payable(USER_RECEIVER),
+            withdrawAmount
+        );
+    }
+
+    function testRevert_FailsIfNonOwnerTriesToWithdrawNative() public {
+        uint256 withdrawAmount = 0.1 ether;
+
+        vm.startPrank(USER_SENDER);
+
+        vm.expectRevert(UnAuthorized.selector);
+
+        withdrawable.withdrawToken(
+            address(0),
+            payable(USER_RECEIVER),
+            withdrawAmount
+        );
+    }
+
+    function testRevert_FailsIfNonOwnerTriesToWithdrawERC20() public {
+        uint256 withdrawAmount = 10 * 10 ** usdc.decimals();
+        vm.startPrank(USER_SENDER);
+
+        vm.expectRevert(UnAuthorized.selector);
+
+        withdrawable.withdrawToken(
+            ADDRESS_USDC,
+            payable(USER_RECEIVER),
+            withdrawAmount
+        );
+    }
+
+    function testRevert_FailsIfNativeTokenTransferFails() public {
+        uint256 withdrawAmount = 0.1 ether;
+
+        address nonETHReceiver = address(new NonETHReceiver());
+
+        vm.startPrank(USER_DIAMOND_OWNER);
+
+        vm.expectRevert();
+
+        withdrawable.withdrawToken(
+            address(0),
+            payable(nonETHReceiver),
+            withdrawAmount
+        );
+    }
+}