What is Smart-contract audit?
A paid review of contract code by a security firm; evidence of diligence, not a guarantee.
An audit reports what was reviewed and when. It reduces the chance of an obvious bug shipping, and it says nothing about admin keys, economic design or code added after the review.
Read the provider, the date and the scope. 'Audited' with no link is a marketing claim.
Related terms
- Smart contractDeFi
Code deployed to a blockchain that runs automatically when its conditions are met.
The chance that a contract's code or admin keys take your funds, regardless of price.
- Admin key / upgrade keySecurity
The privileged control that can upgrade, pause or drain a contract.