Maxloop Blockchain Security

Maxloop offers truly thorough audits with a distinctive focus on investor safety. Our audits aim for complete coverage against all potential issues.
During the audit, we work together closely with our clients by providing recommendations and advice. Finally, a post-deployment round is done where all deployed contracts are verified to match the audited contracts completely.

WHY AUDIT SMART CONTRACT

Protect your project from vulnerabilities and show users your focus on security

Due to vulnerabilities in smart contracts, your project may lose money, reputation, and time. Users look at security when making an investment decision. Smart contract auditing services remove these vulnerabilities.

Security Audits

A comprehensive assessment of the code by the experts to point out the potential threat in your smart contract.

Penetration Testing

An extensive exercise attempting to find the vulnerabilities and system exploits, done by an independent team of testers.

Increase audience trust

MaxLoop team helps you with round the system analysis to manage the security of the overall product.

Smart contract audit is essential

$3.2B stolen from crypto projects in 2021

Code exploits and flash loan attacks behind >50% of the stolen value

Double-damage: direct financial losses + token price drop

What projects need a Smart Contract Audit?

Startup

Smart contract audit will secure your first steps in the industry. Don’t let the security gap affect your rapid growth. With the help of external professionals, your security level will correspond to your growth targets.

Mature company

Smart contract audit will prevent you from unexpected delays when following the roadmap. By working with a security vendor you will let your employees pay greater attention to product development

Enterprise

You are the most lucrative target for hackers. The more audits you complete, the lower the chance for hackers to find weak points in your product.  An Independent check by a trusted security vendor is the confirmation of your strong focus on security.

When does a project need a smart contract audit?

Looking forward to avoiding exploits and making your project free of security flaws?

Fill out the form to get a quote and book our certified specialists

Types Of Smart Contract Audit We Offer

Preliminary Security Audit

Comprises of some very basic testing methodologies and is suitable for those who want a quick turnaround time but don't want to compromise on the security of their contract. Usually the lowest costing, while an extensive audit is recommended for complex projects. Preliminary audits are usually carried out within 48 to 72 hours.

Extensive Security Audit

Multiple auditors, automated and manual testing tools , fuzzing on demand are employed here. May take a week or more than a week depending on the complexity of the code and project. This is the highest level of security audit necessary for a smart contract, along with other reinforcing methods like bug bounty to further enhance your smart contract's security.

Full project engagement Audit

If you have a big project and would like to secure it in its entirety , we recommend this audit service. A timeline is made that specifically caters to your projects' needs , and delivery times. Our team of auditors work closely with you and multiple consulting and suggestion sessions are also done to make sure your project behaves as intended, and grows as intended.

Smart Contract Audit Steps

At MaxLoop, we follow a precise methodology that yields the best results. Before digging into your code, the auditors gather the underlying architecture and intended behavior of the smart contract. Concerning certain business logic, we conduct automated assessments using dynamic analysis tools. However, that’s not it! It is always a good practice to manually review the code, and we do that for you. For an audit to become a “smart” audit, this becomes a necessity. An assessment of known vulnerabilities is also conducted to ensure maximum coverage. An initial audit report is published, giving you the time to refactor your code. The final audit report is issued only after a re-check. We not only identify the vulnerabilities in your project but also work closely with the developers to resolve them for you. We are willing to take up challenging projects, if you’re building one, we’d love to work with you!

Types of Projects That Need Security Audit

Token Contract/Crowdsale

Crowdsales are a popular use case for Ethereum smart contracts. They allow users to dispense tokens in various ways, making it a complex use case. Get your token/crowdsale contract ensured to mark your funds safe.

DeFi projects

One of the most active sectors of blockchain that holds a possibility to become complex when working with DeFi projects such as Compound, dYdX, Aave, etc. Get a Full Security Audit done to attain maximum safety.

Wallets & dApps

dApps, behind the scenes, have some special qualities because they inherit all of Ethereum’s superpowers. Wallets are dApps too. Leverage our expertise to secure your Wallets/dApps.

Auditing Tools

What We Offer?

Extensive Audit Reports

Our Audit Reports are designed to help your developers realize and rectify the vulnerabilities present, effortlessly. We include the different security level references for easy risk assessment.

Check for 100+ Vulnerabilities

There have been some vulnerabilities like Re-entrancy, Gas limit issue, Front-running, that have surfaced time and again in smart contracts. We make sure to specifically check for 100+ such issues.

Services for Major Blockchain Frameworks

We extend our services to various major blockchain platforms like Ethereum, BSC, Tron, PolkaDot, and many others.

Free Re-audits

Our Audit Reports are designed to help your developers realize and rectify the vulnerabilities present, effortlessly. We include the different security level references for easy risk assessment.

Audits by Security Experts

The auditing team at MaxLoop comprises security experts who are experienced and proficient in their job. We work with the latest tools and techniques to secure your code and minimize any chances of failure.

Quick Turnaround Time

We understand your time is precious. Our team ensures the completion of an audit promptly with the bare minimum required.

12 Key Benefits Of Smart Contract Audit By Maxloop

Smart Contract Audit Report

Our clients will receive a custom audit report that has been compiled after a rigorous audit by MaxLoop auditors. The audit report will contain:

● List of vulnerabilities and bugs found in the contract which are classified into different risk levels as High, Medium, and Low severity.
● An explanation for every issue in the smart contract by the team of experts.
● Our team runs the test cases written by the developers and checks the validity of the code, providing the code coverage report.
● Smart Contract Audit Report will also have recommendations on solving the issues and optimizing the existing code.

We give our clients the choice to make the report public (recommended for building trust in the community) or keep it private.

FAQs

Smart contracts are digital contracts that automatically execute transactions once predetermined conditions are met. Smart contracts are executed when certain pre-programmed conditions are met.

Smart contracts facilitate trade between anonymous and known parties since there is no need for a middleman. Smart contracts provide the benefits of security, disintermediation, transparency, and near real-time execution. They ensure the credibility of transactions and thereby promote trust between players.

They may seem like complicated systems, but all smart contracts are still computer programs or protocols with function statements and variables that are vulnerable to hacks and exploits. Many smart contracts are fraudulent in nature: unethical actors insert malicious functionality to get unauthorized access and steal money. In our practice, we have seen dozens of unique and repeated loopholes inserted in the code. Besides, some parts of the protocol can be of low quality in terms of protection. Hackers carefully study all the errors and try to capitalize on them. There is a real risk of losing hundreds, thousands, or even millions of dollars due to exploits of smart contract vulnerabilities. A full audit by a team of professionals will help protect your financial interests by identifying and removing all vulnerabilities and exploits.

The smart contract audit process consists of vulnerability assessments of smart contracts as well as identification of security flaws and network vulnerabilities. The audit team will review existing security practices that the project uses in its smart contracts. The auditing firm will also provide recommendations to the project team on security policies and better security controls designed to protect the project from new vulnerabilities.

Smart contracts have irreversible nature: once deployed, they cannot be altered. A smart contract audit allows a project to eliminate flaws that would be exploited by malicious actors to perform unauthorized activities such as minting tokens. As a result of a smart contract audit, the auditor provides a client with a report specifying all detected vulnerabilities and their severity level. Thus, a client can prioritize eliminating critical and high-severity issues. Generally, a smart contract audit serves as the confirmation of the project’s reliability for investors and potential partners and generally allows a project to position itself as a reputable player.

We encourage projects to use their internal resources to review smart contracts. Internal audits can identify vulnerabilities. However, there is extra value to professional audit. A third-party auditing team offers an external call. This is the only way to receive an authoritative opinion and informed recommendations on your code from the outside. On top of that, the internal team may lack the necessary expertise or time to comprehensively review a smart contract. External audit firms have entire teams that specialize in security research and smart contract vulnerability assessment.

Smart contract audit allows a company to detect and then eliminate vulnerabilities in a smart contract by exploiting which attackers can cause serious damage to this company and its clients. The passed audit will also serve as a confirmation of the company’s reliability for potential partners and investors.

Yes, our specialists will provide you with a report containing step-by-step recommendations on how to eliminate detected issues.

The duration of a smart contract audit varies depending on the audit scope and complexity. Generally, the audit duration is specified before the process starts so that a customer knows the expected delivery date.

Although the main focus during the audit is made on security flaws, our specialists will also advise a client on how to improve the code functionality for better performance.

Maxloop is a recognized Web 3.0 cybersecurity vendor with 5+ years of expertise. Maxloop is a trusted member of the smart contract audit crypto community. We have worked with hundreds of famous projects including the biggest crypto exchanges, top CMC projects as well as a government.

Smart contracts have irreversible nature: once deployed, they cannot be altered. A smart contract audit allows a project to eliminate flaws that would be exploited by malicious actors to perform unauthorized activities such as minting tokens. As a result of a smart contract audit, the auditor provides a client with a report specifying all detected vulnerabilities and their severity level. Thus, a client can prioritize eliminating critical and high-severity issues. Generally, a smart contract audit serves as the confirmation of the project’s reliability for investors and potential partners and generally allows a project to position itself as a reputable player.