DEV Community

Nexus Intelligence Research
Nexus Intelligence Research

Posted on

DeFi Smart Contract Vulnerabilities Audit Guide

Here are three of the most common and damaging DeFi smart contract vulnerabilities, along with specific methods to detect them.

1. Reentrancy Attacks

Description:
A reentrancy attack occurs when a smart contract sends an external call to another contract (or itself) before completing its internal state changes. If the external call triggers a callback function in the vulnerable contract, an attacker can recursively invoke the function, repeatedly draining funds before the state is updated to reflect the first withdrawal.

Specific Detection Methods:

  • Static Analysis for State-Call-Order Violations: Use tools like Slither or Mythril to check for the "checks-effects-interactions" pattern. The rule is: 1) Check conditions, 2) Update internal state, 3) Make external calls. If an external call (e.g., msg.sender.call{value: amount}("")) occurs before a state variable (e.g., `balances[msg

Top comments (0)