Smart Contract Audit
A security review of smart contract code by experts. They look for bugs and vulnerabilities that could lose user funds.
Example
A protocol paying $100,000 for Trail of Bits to review their code before launch, finding and fixing 3 critical bugs.
Related Terms
Tools & Protocols
📊Key Numbers
$10K-500K+
Audit Cost
depends on complexity
Trail of Bits, OpenZeppelin, Consensys
Top Auditors
respected firms
2-8 weeks
Audit Time
typical duration
🔍Common Misconceptions
✗Audited means safe
✓Audits reduce risk but can't catch everything. Many audited protocols have been exploited.
✗One audit is enough
✓Code changes require re-audits. Multiple audits from different firms are better.