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  3. /Smart Contract Exploit
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defi

Smart Contract Exploit

Any attack that takes advantage of bugs or vulnerabilities in smart contract code.

Definition

Any attack that takes advantage of bugs or vulnerabilities in smart contract code. Common exploits include reentrancy attacks, integer overflows, logic errors, and access control flaws. Billions of dollars have been lost to smart contract exploits in DeFi. Audits help but don't guarantee safety.

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Related Terms

Reentrancy Attack

A smart contract vulnerability where an attacker calls back into the vulnerable contract before the first function call finishes, draining funds repeatedly.

Smart Contract Audit

A professional security review of smart contract code to find vulnerabilities before deployment.

Smart Contract

Self-executing code stored on a blockchain that runs when conditions are met.

1inch

A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.

Aave

One of the biggest lending and borrowing protocols in DeFi.

Across Protocol

A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.

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Ethereum Guide/learn/ethereumDeFi Guide/learn/defiStaking Guide/learn/stakingYield Farming Guide/learn/yield-farmingSecurity Guide/learn/security

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