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Glossary / Smart contract audit

Smart contract audit

An audit is a security review of a smart contract's code by specialists looking for bugs and backdoors.

Why it matters

An audit lowers risk but does not remove it; many hacked projects were audited.

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Related terms

Smart contractA smart contract is a program on a blockchain that runs exactly as written when its condit…Rug pullA rug pull is a scam where token creators drain the liquidity or dump their supply, leavin…

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Written by the VaultX AI team. Educational only, not investment advice.

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