[Blockchain] Top 10 Smart Contract Security Audit Companies

Top 10 Smart Contract Audit Companies blockchain topattop

A DAO is a blockchain-based system that enables people to coordinate and govern themselves mediated by a set of self-executing rules deployed on a public blockchain, and whose governance is decentralized.

In 2020 alone, hacks and scams cost the Web3 community over $238m. Security Audits and Bug Bounty programs surface vulnerabilities so they can be fixed before they get exploited in malicious hacks that destroy projects and ruin reputations.

Here at TopatTop.com, we rank the top 10 performing blockchain security firms offering services such as smart contract audits, in-depth security audits, blockchain security, penetration testing and Infrastructure Security.

Also Read: 5 BEST Incident Response Tools (2022 Rankings)

As we’re seeing the rise of DeFi (Decentralized Finance), security audits plays an important role in securing the blockchain applications. In the first 3-4 months of this year 2022, hackers have stolen approx. $1.3 billion from exchanges, platforms, and private entities.

However, recent events such as the #TerraLuna hack, #Polynetwork hack have shown us that hackers can exploit weaknesses in smart contracts and steal money. It’s almost like robbing a bank. It is therefore extremely important for security audits of projects, exchanges and blockchains to be done.

Furthermore, the DAO hack of 2016 is a perfect example of how important it is to have your smart contracts audited. The DAO was a decentralized venture capital firm that was hacked, in part, owing to code flaws. If you’re thinking about investing in blockchain technology, you need to know about smart contract audits firms.

OpenZeppelin
Trail of Bits
Code4rena
Chaos Labs
Quantstamp
Certora
Certik
Pessimistic Security
White Hat DAO
Immunefi

1. OpenZeppelin

OpenZeppelin is a crypto cybersecurity technology and services company. OpenZeppelin provides security products to build, automate, and operate decentralized applications. OpenZeppelin protect leading organizations by performing security audits on their systems and products.

To view all security audit reports, please click here.

2. Trail of Bits

Trail of Bits is a cybersecurity research and consulting firm. Since 2012, Trail of Bits has helped secure some of the world’s most targeted organizations and products. Their experts work with you to build custom tools and remediate system vulnerabilities to keep your software secure—from development to testing and throughout continuous deployment.

With iVerify, you can stay ahead of vulnerabilities by securing your team’s mobile devices.

3. Code4rena

Code4rena is a DAO for on demand web3 security. Code4rena (C4) is an open organization consisting of security researchers, auditors, developers, and individuals with domain expertise in smart contracts.

With C4 audit contests, the community participants, generally referred to as Wardens, review, audit, or analyze smart contract logic in exchange for a bounty provided by sponsoring projects.

4. Chaos Labs

Chaos Labs is a simulation tool allowing protocols to test their platform through robust agent and scenario based simulations. Chaos Labs was founded by ex-FAANG engineers and rocket / satellite researchers.

Chaos Labs is building a state of the art protocol security platform. Robust, tested blockchain applications will drive crypto GDP and main stream adoption.

5. Quantstamp

Quantstamp provides blockchain security and solutions. Quantstamp’s mission is to secure the decentralized internet, and has protected over $200B in digital asset risk from hackers.

More than 250 startups, foundations and enterprises work with Quantstamp to keep their innovative products safe.

6. Certora

Certora provides blockchain security audits. Certora is developing cutting edge tools for guaranteeing software correctness.

The Certora Prover provides complete path coverage for a set of safety rules provided by the user.

7. Certik

CertiK is a blockchain security firm which utilize formal verification and AI technology to secure and monitor blockchains, smart contracts, and Web3 apps.

Founded in 2018 by professors of Columbia and Yale, CertiK is a pioneer in blockchain security, utilizing best-in-class Formal Verification and AI technology to secure and monitor blockchains, smart contracts, and Web3 apps.

8. Pessimistic Security

Pessimistic helps blockchain startups with cybersecurity. In a span of 5 Years, Pessimistic completed around 400+ security audits.

9. White Hat DAO

White Hat DAO is a group of developers and engineers conducting due-diligence, security audits, and safety rating. White Hat DAO is a decentralized autonomous organization. White Hat DAO controlled by Governance token holders. It is not a company. It does not have a management team or employees.

Their mission is to innovate, initiate, apply Blockchain technology, DeFi culture, and education to build a better and transparent world !!

10. Immunefi

Immunefi is a bug bounty platform focused on Web3 and smart contract security. Immunefi provide bug bounty hosting, consultation, bug triaging, and program management services to blockchain and smart contract projects.

Immunefi guards over $25 billion in user funds across projects like Synthetix, Chainlink, SushiSwap, PancakeSwap, Bancor, Cream Finance, Compound, Alchemix, Nexus Mutual, and others.