What are Ethereum Smart Contracts?
Ethereum, created in 2013, is the world’s second-largest cryptocurrency by market cap and was designed specifically for creating smart contracts. To date, it is deemed as the most popular platform for doing so. Ethereum smart contracts are fragments of code that execute on the Ethereum blockchain. These contracts can execute transactions automatically if the specified conditions are met. Smart contracts define a set of rules and enforce them via the code, usually written in the Solidity programming language. Smart contracts are immutable on the blockchain, and their interactions are irreversible.
Ethereum smart contracts, however, are not completely immune to attacks. There is always a chance of your project getting drained due to the presence of a small bug that was overlooked during development. Vulnerabilities such as re-entrancy, flash loans, front-running, destructive external calls, etc., have resulted in hacks worth millions of dollars. Using an older version of the Solidity language in Ethereum contracts can also be a reason for an exploit. The only way out is to get your projects audited!
Why Is It Important?
Smart contracts are immutable. Mistakes, once made, cannot be reverted. Take the wiser path to security audits and safeguard your and your users’ funds.
No More Loss of Funds
Vulnerabilities in Ethereum smart contracts can result in massive losses of funds, both yours and your clients. With ImmuneBytes audits, you can rest assured that your assets are safe on the blockchain.
Code Optimization
Gas plays an important role in Ethereum smart contracts. It becomes crucial to optimize the usage of gas in your source code. We not only reveal bugs but also offer recommendations for improving gas usage.
Build Trust
The stamp of an audit on your smart contracts attracts potential investors and clients. Smart contracts audited by ImmuneBytes have a lesser chance of getting exploited.
Migrate Your Smart Contract From Testnet To Mainnet,
But Without Vulnerabilities.
Why Should You Undergo Ethereum Smart Contract Audit?
Ethereum being the most popular blockchain for smart contract development has encountered some of the most notorious hacks of DeFi. Thus, it becomes even more important to get your Ethereum contracts audited and eliminate any backdoors that might invite hackers.
$6B
Lost in Crypto Hacks So Far
$3.8B
Lost in 2022 Alone
82%
Hacks Targeted Defi Protocols
3x Damage
Lost funds + Lost trust + Lost market value
What Do We Offer?
An Ethereum contract audit with ImmuneBytes will make your projects tough for hackers to crack. We apply multiple security layers to enhance your contract’s longevity and performance in the market.
Extensive Audit Report
Our audit reports are comprehensive and document every measure taken during the audit process. We classify the vulnerabilities according to their severity levels and offer remediations and code optimizations.
Check For 100+ Vulnerabilities
We analyze a smart contract for over a hundred vulnerabilities. These include bugs that have been exploited and others that could be exploited in the future.
Smart Contract Fuzzing
We fuzz-test your smart contracts as an additional measure. Fuzzing a smart contract ensures that it will not behave unexpectedly against any given input, minimizing the risk of hacks.
Post Refactor Reaudits
Not just once, we audit your code twice! Once your developers review our audit report and make the recommended fixes, we again analyze your contract and prepare the final audit report.
Security Test Cases
Our auditors use frameworks like Foundry, HardHat and Truffle to write unit test cases other than the developers provided. We ensure to traverse every possible branch of execution in the source code.
Quick Turnaround Time
A dedicated team of auditors is assigned to your project, who usually take 3-10 days to complete an audit, depending on the code size. We are result-oriented and understand the gravity of deadlines.
In Terms of Crypto Hack Losses, 2021 Was Bad,
2022 Was Worse and 2023? Why Wait for the Worst to Happen?
Recent Blogs
Everything you need to know to get familiar with Web3! News, Blogs, Announcements and more.
FAQs
The world of Ethereum is enormous. And so are the questions associated with them. Here, we list the top 8 most frequently asked questions on the Ethereum Ecosystem.
- Enabling Solidity compiler optimizer, which helps in minimizing the code.
- Minimizing the amount of on-chain data required.
- Freeing up unused storage space.