DeFi Auditing: Mechanisms, Effectiveness, and User Perceptions

ePrint Report: DeFi Auditing: Mechanisms, Effectiveness, and User Perceptions

Ding Feng, Rupert Hitsch, Kaihua Qin, Arthur Gervais, Roger Wattenhofer, Yaxing Yao, Ye Wang

Decentralized Finance (DeFi), a blockchain-based financial ecosystem, suffers from smart contract vulnerabilities that led to a loss exceeding 3.24 billion USD by April 2022. To address this, blockchain firms audit DeFi applications, a process known as DeFi auditing. Our research aims to comprehend the mechanism and efficacy of DeFi auditing. We discovered its ability to detect vulnerabilities …

address april arthur audit auditing blockchain contract decentralized defi ecosystem eprint report finance financial led loss report roger smart smart contract vulnerabilities wang