SmartState Audits 1inch Network

SmartState.tech
3 min readMar 4, 2023
SmartState Audits 1inch Network
SmartState Audits 1inch Network

The 1inch Network brings together decentralized protocols whose synergy provides the most profitable, fastest and safest transactions in the DeFi space.

The initial 1inch Network protocol is a DEX aggregator that searches transactions across multiple liquidity sources, offering users better offers than any single exchange. This protocol includes the Pathfinder algorithm, which finds the best paths between different markets through 300 liquidity sources on multiple chains.

In just two years, the 1inch DEX aggregator has reached 1 million users and exceeded total trading volume on the Ethereum network by $150 billion.

SmartState audits 1inch

1inch team addressed SmartState for the security audit of several smart contracts. We performed a series of tests of the smart contracts in question, analyzing best code practices and looking for various issues, including:

• ERC20/BEP20 compliance

• FA2 compliance

• Logical bugs

• Unchecked call return method

• Authorization issues

• DOS (General Denial of Service)

• Pool Asset Security (backdoors in the underlying ERC-20)

• Hidden malicious code

and other ones which could make any and lead to possible failures.

SmartState smart contract audit methodology
SmartState smart contract audit methodology

We have thoroughly tested the smart contracts in question and detected no vulnerabilities. The code stands up to the high standards and is well and perfectly written.

1inch Network smart contract security audit by SmartState
1inch Network smart contract security audit

For more information see the full audit report:

We are pleased to announce that the audit was submitted on time and the 1inch team is totally satisfied with our work.

You can find all our smart contract audit reports here:

SmartState: Web3 security easier than ever
SmartState: Web3 security easier than ever

About SmartState

Launched in 2019 and based in Dubai, SmartState is one of the leading DeFi security auditing firms. We conduct security tests and check the code core, smart contracts and blockchain for all types of errors, vulnerabilities and other issues.

Although SmartState gave a start to operations with smart contract auditing of DLT-projects, from the very beginning, we made our services surpass the classic purview of smart contract audit and security testing. We specialize in manual testing, so the SmartState’s tech team of white-hat security professionals measure up a project’s git and offer guidelines and recommendations for its further advancement. Security audit reports review the threats and vulnerabilities with which codebases may be exploited in the future, as the network achieves scalability and expands to accommodate more use cases and functionality.

Stay tuned and find more about us and what we provide on our:

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SmartState.tech

🇦🇪 Dubai-based enterprise level Web3 security company. Top-notch smart contract audits & blockchain security solutions 🚀🔒