Smart Contract Audit
A structured review of contract code that hunts for vulnerabilities before attackers find and exploit them.
A smart contract audit is an examination of a protocol's code by security specialists looking for bugs and exploitable logic errors before deployment. Firms like OpenZeppelin and Trail of Bits combine manual review with automated tools and publish a report.
An audit lowers risk; it does not erase it. Audited protocols still get hacked—reviewers miss things, and code changes after the review. Treat an audit as one data point alongside the team's track record and how the contract behaves live. No audit at all means a much steeper bet.
Related terms
An exploit where a contract is called back mid-execution, draining funds before its balances update.
Infinite Mint AttackA flaw letting an attacker create unlimited tokens beyond the supply cap, then dump them for real value.
Smart ContractSelf-executing code on a blockchain that runs exactly as written when its conditions are met, with no party able to intervene.
HoneypotA token or contract rigged so buyers can purchase but never sell, trapping their funds by design.