Smart contracts serve as the building block for Web3, enabling Dapps, DeFi, blockchain infrastructure and more. However, their complexity introduces vulnerabilities that can lead to exploits, financial losses, and reputational damages. In 2024, the Web3 industry experienced a significant increase in security breaches, with losses exceeding $2.2 billion across decentralized platforms, most of which is attributed to smart contract and DeFi exploits. This marks a more than  20% rise from the previous year, highlighting the challenges in smart contract security, out of which more than 50% exploits happened on Ethereum chain.

Smart Contract Security is critical in fostering trust, protecting users, and promoting widespread adoption for investors and governments across industries and ecosystems. To address this, SolidityScan integrates directly with Etherscan, offering users a comprehensive vulnerability analysis and actionable recommendations.

Etherscan is one of the most trusted blockchain explorers in the Web3 ecosystem, providing developers and users with insights into blockchain transactions and smart contract interactions. However, the increasing complexity of smart contracts demands integrated solutions to identify vulnerabilities and ensure security.

The below guidelines will help you navigate through Etherscan and leverage SolidityScan features to scan Smart Contract for the vulnerabilities and address them effectively:

Navigating to Verified Contract Section on Etherscan

  1. Open Etherscan – The Ethereum Blockchain Explorer
  2. Go to Blockchain Dropdown on title bar and select Verified Contracts 
    1. On the Verified Contracts page, select any verified contract.
    2. If you’re looking for a specific one, you can use the search bar to access it.

    Setting up the Etherscan Cards Section with SolidityScan Card

    1. Once you’re on the contracts’ page, select Cards Tab.
      1. In the Cards section, you’ll be able to see SolidityScan Cards for your contract.
      2. If you’re unable to find it, do a hard refresh, and it’ll appear with the other Cards.
      1. The SolidityScan card will show Vulnerability Score and types of vulnerabilities.

      Accessing Detailed Security Report with QuickScan 

      1. Click on the View Details tab at the bottom of SolidityScan Card 
      2. It’ll take you to QuickScan page where you can access detailed report from SolidityScan which entails:
        • Security Score 
        • Total Vulnerabilities 
        • Classification of Vulnerabilities under Critical, High, Medium, Low, Informational and Gas
        • Threat Analysis with Threat Score, Risk Analysis, Threat Summary & Market Summary 

        Get your own Audit Reports published from SolidityScan Team 

        1. After you’ve learnt about the vulnerabilities related to your Smart Contract, you can get your report verified from our team of experts.
        2. You can click on the View Audit Report PDF tab and unlock the verified report by making the payment.
        3. The Report would contain – Vulnerability Classification and Severity, Executive Summary, Threat Summary, Findings Summary, Vulnerabilities details and more.
        4. You can also click Sign in on our SolidityScan Dashboard to try other features to keep your smart contract secure on the go while you build.

          Benefits of Using SolidityScan for Etherscan Users

          1. For Developers
            • Improved Security: Identify and fix vulnerabilities before they become exploitable.
            • Compliance: Ensure smart contracts meet global security standards.
            • Optimized Code: Address gas-related inefficiencies to improve cost-effectiveness.
          2. For End Users
            • Informed Decisions: Review the contract’s security status before interacting with it.
            • Reduced Risk: Avoid potential scams or high-risk contracts.

          How SolidityScan Supports Etherscan

            SolidityScan enables users to evaluate the security of smart contracts directly on Etherscan:

            1. Provides a vulnerability score out of 100, offering an overview of the Smart Contract’s Security status.
            2. Categorizes vulnerabilities into Critical, High, Medium, Low, Informational, and Gas-related issues, allowing developers to prioritize fixes.
            3. Transparency for Users

            For end-users, SolidityScan simplifies understanding the risks associated with interacting with smart contracts:

            1. Highlights potential vulnerabilities such as Access Control, Hidden Owner, or other critical issues.
            2. Builds trust by offering detailed security reports accessible directly via the SolidityScan card.
            3. Streamlining Developer Workflows

            For developers, SolidityScan offers:

            1. Quick Feedback: Developers can instantly detect vulnerabilities post-deployment.
            2. Actionable Recommendations: Each issue is accompanied by remediation steps to strengthen security.
            3. Integration Across Tools: SolidityScan ensures compatibility with popular development environments, further boosting productivity and integration with many more  industry giants like Etherscan.

            The integration of SolidityScan with Etherscan empowers developers and users alike, providing a seamless way to assess and improve smart contract security. By offering real-time vulnerability detection, actionable recommendations, and transparency, SolidityScan enhances trust and safety within the Ethereum ecosystem.

            Whether you’re a developer optimizing your project or a user verifying contract interactions, SolidityScan on Etherscan is vital for stepping into the decentralized future securely. Start leveraging this integration today to ensure a safer and more secure Web3 experience!!

            Start Securing your contracts today

            Have more questions? Talk to our team and get a demo now.

            Leave a Reply

            Your email address will not be published. Required fields are marked *