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Blog iconAlexander Abramovich
Sep 27

Beyond Tests and Assertions: Can Formal Verification Make DeFi Safer?

As of September 2024, over $200 million has been lost to hacks and exploits on the Ethereum blockchain alone, according to data from Immunefi​ (Cointelegraph). This staggering figure highlights the urgent need for robust security in DeFi protocols, where $38 billion is currently locked in smart contracts across various chains​ (DefiLlama). These hacks often target vulnerabilities in the code, and while traditional code audits help identify such weaknesses, they are not foolproof. As a DeFi us...

Alexander Abramovich

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Cryptonative with extensive web2 experience. Committed to crafting user-centric solutions and advancing tech innovation in blockchain/web3.

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Alexander Abramovich

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