Ethereum is the most popular blockchain for building smart contracts. These contracts need to be audited by professionals to help them stay secure, reliable, and compliant with industry standards.
Pessimistic provides extensive auditing services to Ethereum smart contract developers.
Our collaboration with Pessimistic since 2017 has been marked by a level of professionalism that’s hard to come by. Their work, especially in auditing our DeFi SDK smart contracts, consistently exceeds expectations and aligns closely with our business objectives. Their suggested solutions are not just effective but also tailored to our long-term goals.
Working with Pessimistic is seamless and enjoyable. Clear communication, timely deliverables, and unquestionable expertise. Highly recommended.
We've had the pleasure of working with Pessimistic since 2021, and their integrity and consistency have truly impressed us.
Not only do they deliver on their promises, but they also maintain a high standard of work throughout the project.
It's a partnership we value and continue to interact with on a regular basis.
Audit companies space can be pretty wild - there are loud names that provide sub-par services and there are ones that take ages to finalize the reports (delaying the product launch!)
After running through an extended search quest, we made the right decision to go with Pessimistic. Quality, responsiveness, vibe - everything was great.
They walk an extra mile to make you confident everything is going to work as it should!
A smart contract audit is the process of examining your contract’s code to identify vulnerabilities and optimization opportunities. An Ethereum contract audit is important because it prevents you from releasing bug-ridden contracts hackers can take advantage of. It also helps improve the performance and efficiency of your smart contract.
Any decentralized application built on the Ethereum mainnet blockchain needs an audit before public release. The audit involves experts examining the codebase to find bugs and any issues hampering the contract’s functionality. Without an audit, you might release error-ridden contracts that hackers exploit for malicious activities.
You should consider an Ethereum smart contract audit before releasing your blockchain project to the public. Once the project is publicly released, the source code becomes open source, and hackers can examine it to find and exploit bugs. Hence, you need an extensive audit before the project’s initial release.
Also, consider an audit each time you make major changes to your smart contract’s code. A subsequent audit checks for any errors that might have been introduced with the new code changes.
Pessimistic audits contracts hosted on the Ethereum blockchain or any other Ethereum Virtual Machine (EVM)-compatible blockchain. Our EVM smart contract audit helps identify and provides recommendations to fix security vulnerabilities. An EVM security audit is critical to your smart contract development.
Keep your contracts as simple as possible, with clear rules for user interaction. Complexity increases the chances of introducing vulnerabilities, so you should avoid it as much as possible.
Use modifiers carefully to avoid disrupting your smart contract’s interaction pattern. Round integer divisions to the nearest integer to avoid introducing mathematical bugs hackers can take advantage of.
The timing for an Ethereum smart contract audit mainly depends on the volume and complexity of the code. An audit can take anywhere from a few days for a simple project to a few weeks for a larger project. If you want an urgent audit, we can move your project to the priority track and handle it as quickly as possible. We audit 200 lines of code daily and assign at least 2 experts to your project.
The cost of an Ethereum smart contract audit depends on the size and complexity of the contract’s code base. The larger the codebase, the higher the time it takes to examine it for vulnerabilities and optimization opportunities. Similarly, the more complex the codebase, the more time it takes to audit it for errors and provide recommendations to fix them.
Our simple formula for estimating auditing costs is Number of lines of code / 200 *1.5 * the cost of one working day for the team. Our estimate is usually accurate and doesn’t deviate from the final cost by more than 10%. You can check out our Estimation Process for more information on auditing costs.
Theoretically, you can conduct a smart contract audit by yourself, but it’s not advisable because you might ignore major errors if you lack auditing experience and knowledge. The best option is to hand over the task to a professional auditing firm with blockchain security experts to review your codebase to identify bugs.
The report contains our findings when auditing your smart contract; it details every issue we identified and the recommendations to fix it where applicable. It also details your code updates to fix those errors, spurring users’ trust in your Ethereum-based project.
The best way to ensure compliance and adherence to industry standards is to get your smart contract audited by professionals. An audit reviews your contract’s code base to ensure it complies with industry security standards.
We offer post-audit support to help your smart contract remain secure and reliable. Our Spotter monitoring system detects and thwarts exploits before they affect your project. We can also conduct further audits each time you make major changes to your codebase.
It’s advisable to audit your contract every time you make significant changes to its code. Frequent audits help detect new errors that might have been introduced from such code updates. It’s also wise to audit contracts at least once a year to detect new bugs in the rapidly evolving blockchain sector.
You can fill out our form and provide relevant information about your audit. Once you submit the form, we’ll contact you with a quote for your audit as soon as possible.
