In the first half of 2023 alone, an astonishing $207 million was stolen via flash loan attacks. In these attacks, hackers leverage flash loans to borrow substantial funds and manipulate DeFi protocols into unexpected states that developers may not have anticipated. Flash loan attacks can drain the entire TVL of a DeFi protocol, and their complicated nature combined with DeFi’s composability means these attack vectors often evade conventional audits.
Recognizing the importance of mitigating these hacks, Quantstamp partnered with researchers to turn their research into a production-level automated tool to detect flash loan attacks.
We are excited to add Economic Exploit Analysis to our suite of services, a reflection of our commitment to securing the web3 landscape. Our team uses the tool to uncover flash loan attack vulnerabilities in a client’s code, whether it's already launched or yet to be deployed.
With a mission to secure the future of web3, we're proud to launch a tool that will benefit the entire DeFi ecosystem and ultimately reduce both the number of flash loan attacks and the overall funds lost to hacks.
Let us know how you would like to collaborate with us.
Thank you for expressing your interest in Quantstamp. We will contact you as soon as we review your message.
Thank you for your interest in working with Quantstamp!
We look forward to connecting with you.
Thank you for expressing your interest in a smart contract audit. You will receive a confirmation email from us and our team will be in touch with you within the next few days.
In the meantime, please consider getting your code and documentation ready in accordance with the Audit Readiness Checklist.
Are you interested in writing about Quantstamp or learning more about us?
Fill out the form and we will contact you shortly. We look forward to meeting you.
Thank you for contacting our press team. We will get in touch with you in the next few days.
Thank you for your interest in working with Quantstamp!
We look forward to connecting with you.
Thank you for expressing your interest in a economic exploit analysis. You will receive a confirmation email from us and our team will be in touch with you within the next few days.