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Smart contract security audits are typical of the decentralized finance (DeFi) ecosystem. It is possible that the findings of a smart contract code review may have influenced your choice to invest in a blockchain startup.
As interest in crypto grows, so does the demand for investor protection in this industry. It is therefore not surprising that so many new crypto projects are looking for the best smart contract audit services.
The industry is growing, and options are thriving in the market. Today we will list some of the most popular smart contract auditors in the business.
solidity finance
Solidity Finance offers smart contract audits that are both affordable and comprehensive. Solidity is well-reputed in the finance community and trusted as a top smart contract auditing company for projects of any complexity.
Whether building tokens, NFTs, or complex financial protocols, their firm is an option that should be considered by any team starting a DeFi project. They conduct thorough manual code reviews and conduct numerous team meetings and peer reviews to discuss potential issues.
Solidity Finance is one of the few firms that offer both great technical expertise and engineers who are trained to have a deep understanding of the economics associated with decentralized finance. During their analysis, they apply adversarial thinking and economic modeling to determine whether a problem exists that could pose a risk to users.
The company strives to provide as quick a time-frame as possible while maintaining its entire process always. Most audits can be completed within 2-14 days, and simple NFT or ERC20/BEP20 token audits can be completed in 36 hours. However, more complex financial protocols may require more time.
peckshield
Former Qihoo 360 chief scientist Xuxian Jiang founded PeckShield in 2018. Gaorong Capital is one of the main investors in the project. The team includes security experts and researchers from several security firms in Hangzhou, Beijing and San Francisco.
There are strategic and long-term collaborations between PeckShield and essential actors in the blockchain ecosystem. Specifically, we are talking about exchanges, wallets and other crypto projects.
Among other things, these auditors found the Ethereum smart contract batch overflow flaw four years ago, which attracted widespread industry attention. This project is on Etherscan.io’s vendor list for smart contract security audits.
Vulnerability analysis, operating systems and malware defense are all areas of expertise for the team. All blockchain users can benefit from PeckShield’s security solutions, including DAppTotal and CoinHolmes.
certico
CertiK provides a framework for formal verification of smart contracts and blockchain ecosystems. We are talking about an auditing business that specializes in blockchain and smart contracts. Smart contracts in blockchain projects go through the firm’s verification system to verify the lack of risks in their deployment.
CertiK provides a blockchain transaction monitoring service. This program (“Skynet”) monitors suspicious on-chain activities such as flash loan attacks and displays them on a dashboard. The New York based firm first appeared in 2018 and has managed to show decent growth over time.
According to CertiK’s website, their audit reports are personal, detailed and openly available. The report will include any vulnerability information found, severity ratings, and recommendations to fix the problems.
The CertiK security leaderboard is available to the global crypto community after each successful audit by the team.
openzeppelin
Relying on leading blockchain and sophisticated DeFi projects, OpenZeppelin provides crypto security technologies and services. OpenZeppelin first appeared in the crypto market in 2015 to protect billions of dollars.
Several well-known crypto companies are among the project’s partners and clients. These companies include Coinbase, Compound, Eve and The Graph.
OpenZeppelin provides security tools to build, automate and run decentralized applications. The team also conducts security assessments of major companies’ systems and accessories to ensure their safety.
The document on the smart contract economy is available on the project’s website. This operation demonstrates OpenZeppelin’s skills in the field of cryptography while simultaneously raising awareness of the subject online.
The team is growing, and its professionals operate on all continents. OpenZeppelin has a dedicated section on its website for career opportunities in the company.
key takeaways
The end goal of any smart contract audit is the same, regardless of the company. The audit should look for any vulnerabilities or bugs in the code.
Automated smart contract auditing solutions are proving to be insufficient over time, making manual review processes critical to ensuring the security of smart contracts. It is always best to ensure that the code for a project has been manually reviewed by experienced and reputable companies, such as those mentioned in this article.
Source: www.bing.com
