Having an audit done by a competent firm is a must have for any smart contract, and with the expertise of QuillAudits it will be done flawlessly. The audit process for Solana smart contract is based on the comprehensive approach we follow to investigate the code for security flaws and potential vulnerabilities, and the best possible ways to mitigate them.
Solana has grown rapidly due to its low transaction fees. High-valued DApps are being built on Solana. Web3 projects on Solana need to think about the security aspect of it. Securing projects based on the Solana blockchain requires new and advanced skills compared to established blockchains like Solana. Smart contracts on Solana are built on Rust, which differs from Solana as it decouples code and data. Therefore, it is important to get your smart contracts on Solana audited by experts to minimise the risks associated with your project.
Solana is acquiring enormous popularity, which draws an increasing number of hackers. Investors and users place a higher premium on contracts that a credible team has audited. At QuillAudits, we offer auditing services to verify that your contract adheres to the best security practices.
As with the growing trend of blockchain adoption, the vulnerabilities are also constantly evolving from time to time. Our adept smart contract auditors derive strength from state-of-the-art tools and libraries to audit the code and safeguard the crypto assets from getting into the hands of malicious actors.
Security of Assets
Our auditors, with rich experience in Rust programming language, decode the nuances of the application written for Solana and review the code for existing vulnerabilities in it. The bugs, along with their severity of the risk, are presented to the client, which helps establish the security standards of the project.
The deployment of the latest security tools seizes the vulnerabilities caused by human errors and shields against malicious intrusion into the developed contracts. Our competent auditing services optimise the built contracts' different aspects and help protect the users’ assets smartly.
In addition to the program, we also validate the code of the application in the frontend and the backend. Since Solana applications are written in Rust programming language, the vulnerabilities that can arise are deep in the code and this is where we leverage our expertise to ensure security for your Dapp
Solana Programs necessitate a more in-depth examination of other necessary components or libraries imported. Apart from Rust expertise, QuillAudits understands how it fits into the smart contract ecosystem. QuillAudit will verify that the project adheres to the Team's specifications and validates it against any logical weaknesses.
Solana is a novel platform, and the security of its contracts has not been thoroughly tested.
Solana is acquiring enormous popularity, which draws an increasing number of hackers.
Investors and users place a higher premium on contracts that have been audited by a credible team.
Additionally, an audit can verify that your contract adheres to the best security practices.
|1||Missing Signer Checks||Check that the smart contract has implemented sufficient signer checks to prevent unauthorized access, data tampering, and theft.|
|2||Solana Account Confusions||Verify that accounts are being created only once, that there are no duplicate accounts, and that accounts are appropriately funded to avoid any inconsistencies in the state of the contract.|
|3||Numerical Precision Errors||Check for potential numerical precision errors when working with large or small numbers in Solana that can lead to unexpected results or security vulnerabilities.|
|4||Consistency Checks||Verify that the contract state is updated correctly after each transaction to ensure the contract behaves as expected.|
|5||External Contract Interactions||Ensure that contracts are authorized before interaction and that the correct data is passed to prevent security vulnerabilities.|
|6||Event Log Analysis||Review the contract's event logs to verify that they are generated as expected and that all relevant data is recorded.|
|7||Gas Optimization||Review contract code to minimize gas consumption and ensure efficient use of SOL tokens.|
|8||Access Control||Verify the contract has proper access control mechanisms in place to restrict unauthorized parties from performing critical operations.|
Each year, millions drain down the crypto hacks. Here are a few examples how hackers took advantage of the loopholes in the code to escape with millions:
In March 2022, $615M were stolen from Ronin Network, a platform powering the popular mobile game Axie Infinity.
In August 2021, the criminals transferred $611M-worth of Poly Network tokens to three wallets they controlled.
In September 2020, $275m worth of cryptocurrency was stolen from the Singapore-headquartered exchange KuCoin.
Caption: Values calculated according to cryptocurrency prices at the time of the theft
Source: Statista/Bloomberg, Business Insider, TechCrunch, CNBC, Ronin Network, Vice.
Very professional and timed delivery. Also very prompt in responses and queries.
The team is very supportive and they were able to work as per our requirements
QuillAudits did a great job with our audit, was very professional and provided quick service
QuillAudits provided security enhancements for Polygon projects, earning positive feedback for their prompt and high-quality service as an auditing partner.
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