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Intro to Codehawks
CodeHawks is a leading competitive smart contract audit marketplace powered by Cyfrin. CodeHawks works to protect DeFi, Protocols, their users and funds from smart contract exploits with security reviews through a streamlined process of Deep and Competitive Audits performed by top world auditors and our community.
You can find a brief overview of how CodeHawks works below. For a deep dive into the CodeHawks ecosystem checkout the dedicate guide
Digital value exchange enabled by Decentralised finance and smart contracts requires an outstanding level of security and best practices, which hasn't yet been reached.
Over $250B are locked in the DeFi ecosystem, and in the past 6 months alone, over $1B are lost in more than 100 DeFi exploits. Earn up to 15% for every successful referral as a reward. Help your close associates in securing DeFi & NFT projects and earn a competitive commission for the same.
Last year, 6% of the Total Value Locked (TVL) in DeFi was stolen, resulting in the loss of hundreds of millions of dollars in users and protocols funds, and inherently, faith in the entire eco-sys
On top of that, the process of finding, hiring, and working with expert and reliable auditors has, until now, been extremely rudimental. Protocols were forced to perform word-of-mouth research, with low to zero possibility of ensuring the quality of their audits.
CodeHawks solves this by bridging together top-notch Blockchain security experts and Protocols in an eco-system built to create security in web3.
CodeHawks, powered by Cyfrin, puts together top-notch world-wide auditors and a community of thousands of security researches to ensure highest security standards when security your codebases.
Feature/Attribute | CodeHawks | Competitors |
|---|---|---|
Pricing | Competitive & Low platform fees | Higher platform fees |
Process Transparency | Full Transparency Throughout | Sometimes Opaque |
Types of Audits Offered | Competitive & Private | Typically One Type |
Referral Program | Generous 15% Referral Fee | Usually Lower or No Referral Program |
Audit Speed | Quick Turnaround | Often Slower |
Post-Audit Support | Long-term Code Safeguarding | Typically Limited to Initial Audit |
Additional Services | Education, long term support | Often Limited to Auditing |
Customer Support | 24/7 Dedicated Support | Limited Support Hours |
There are three core components in every CodeHawks smart contract auditing competition:
- 1.Sponsors (protocols): Organizations or entities that implement smart contracts.
- 2.Judges: World-leading experts who oversee the audit process and ensure its integrity.
- 3.Hawks (auditors): Professionals who conduct the actual audit of the smart contracts
Protocols approach CodeHawks with their audit requirements. They have the flexibility to choose between:
- Competitive Audits: A dynamic audit process where multiple auditors compete to identify vulnerabilities.
- Private Audits: A more traditional approach where a selected auditor or team reviews the smart contract.
Visit our guide on the CodeHawks ecosystem to read more about the different services we provide to protocols and their teams.
The Hawks are our Auditors, at the heart of the CodeHawks eco-system.
They:
- Register on the platform.
- Engage in competitive audits, showcasing their expertise.
- Build a network to find private auditing opportunities
Judges are the team, community, and protocol members dedicated at reviewing Hawks submissions, deduplicating, validating, testing and ensuring the highest quality standards when selecting them.
They are responsible to ensure our top-notch security reports, revisioning, testing and verifying thousands of security researchers' submissions every year.
If you want to learn more about our judging process or evaluation criteria - visit the dedicated sections.
Last modified 9d ago