DeFi audit: ZK projects lead in the number of critical vulnerabilities

DeFi audit: ZK projects lead in the number of critical vulnerabilities

user avatar

by Elena Ryabokon

2 years ago


DeFi audits of projects based on zero-disclosure proof-of-concept (ZK) technology were twice as likely to reveal critical bugs compared to other projects, according to The Block citing a Veridise report.

The company's experts analyzed 1,605 vulnerabilities identified in 100 audits. On average, they found 16 issues per audit, with ZK projects having a higher rate of 18 bugs.

In terms of critical vulnerabilities, 55% (11 out of 20) of ZK projects contained such issues, compared to 27.5% (22 out of 80) for other projects.

Experts noted that the security of ZK solutions is “just more complicated” because of the complex cryptographic designs and the innovative nature of the protocols. Veridise co-founder and CEO John Stevens explained that designing a ZK scheme requires precise reasoning about the semantics of the operations in the witness generator. When these constructs are incorrectly encoded due to constraints, errors occur.According to Stevens : “It makes sense that there are more errors in these schemas because they are very different from the typical programming paradigm”.

Overall, the most common vulnerabilities found in the audits were logic errors (385), maintainability (355) and data validation (304). These categories accounted for 65% of all issues identified.

Veridise emphasized that insufficient maintainability is not a security vulnerability in the strict sense, but poor code writing practices are “one step away from creating critical vulnerabilities.”

For the ZK protocols, a specific problem was “insufficiently bounded loops”, which had a 90% probability of causing a serious error. This occurs when arithmetic scheme constraints do not provide sufficient conditions to verify the correctness of the computation. Veridise noted that such conditions do not exist in traditional smart contracts.

This means that an attacker could create a proof that tricks the checker into accepting a false statement as true, seriously undermining the integrity of the protocol.

Recall, ForkLog talked about the development of ZK protocols in 2024 in an exclusive piece.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Trump's New Memo Aims to Revolutionize US Space Launches

chest

US President Donald Trump signed a memo aimed at increasing the number of commercial space launches to at least 1,000 annually by 2030.

user avatarGustavo Mendoza

Space Stocks Decline as Market Reacts to Trump's Memo

chest

Space stocks, including SpaceX and AST SpaceMobile, declined by 3% as the market reacted to Trump's memo on increasing US commercial space launches.

user avatarKenji Takahashi

Rocket Lab's Shares Surge Amid Market Challenges

chest

Rocket Lab is experiencing a surge in its stock performance, tracking its best monthly results since May, following a key preflight testing milestone for its reusable fairing.

user avatarMaria Fernandez

New Report Released Using Primary Source Materials.

chest

The report is based on information released in disclosures at primary source documentation, aiming to provide accurate and reliable information to the audience.

user avatarRajesh Kumar

Micron Stock Predictions for 2030 Show Wide Range

chest

Analysts predict Micron's stock could range from $260 to over $2,000 by 2030, with an average target of $1,568.

user avatarMiguel Rodriguez

Future Prospects for Dogecoin: SpaceX and X Integration

chest

Elon Musk's plans for SpaceX and the potential integration of Dogecoin into his X social media platform could significantly boost its value.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.