Builders Solutions

Automated Formal Verification of Smart Contracts

Accelerate your Ethereum development with Dowsers Builder

Seamlessly build, test, and deploy smart contracts using our all-in-one suite, featuring real-time analytics, advanced debugging, and collaborative tools to boost productivity.

Get a thorough mathematical analysis of potential vulnerabilities and actionable improvements to protect your contracts and build trust with your community. 

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of developers lack formal training in smart contract security

of exploits are due to development errors

of projects suffer delays due to security flaws

increase in development costs due to security issues

Code Risk Report

The Dowsers platform deeply analyses the code of a smart contract and automatically generates a detailed risk report that includes the following informations:

The Smart Contract Scoring

  • Dangereous
  • Acceptable
  • Reliable
  • Trustable

Categories of the risks found in code

  • Block of funds unilaterally
  • Withdraw of digital assets without consent
  • Change of token and or DAO rules without notice

Detailed explanations

  • Technical mechanism
  • Financial consequence
  • Precedent hacks
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Plans

Investor : professional crypto traders, web3 VCs, crypto hedge funds, etc?

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Pains & Benefits

Minimise Risk, Maximise Trust : The Benefits of Automated Formal Verification

Dowsers' Builder Solutions illustrated as data flowing through a funnel (something very futuristic) representing Dowsers' secure and efficient DeFi development solutions.

Benefit from the power of mathematics

“Code is law” but other testing solutions can make mistakes or miss vulnerabilities, in particular for very complex code.

Formal verification is the state-of-the-art technology for smart contract auditing

Save time and money

Don’t wait weeks for an analysis of your digital asset code risk that costs a hell of money.

Get your reliable report in a glimpse.

Decide with knowledge

Don’t go blind unaware of potential fatal vulnerabilities!

Understand precisely how the code may impact your digital assets and make decisions trusting your smart contract.

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Hack risks

The digital currency landscape has been marred by numerous high-profile security breaches, underscoring a continual battle against cybercriminal vulnerabilities.

These episodes highlight the pressing need for enhanced security measures in the face of sophisticated threats and complex vulnerabilities in the cryptocurrency domain.

The Ronin Bridge suffered a massive security breach with hackers syphoning off approximately $624 million due to compromised security measures. This incident highlighted the critical liquidity risks associated with bridge platforms that connect different blockchains. 

A month later, in April 2022,  Beanstalk Farms, an Ethereum-based stablecoin protocol, was exploited for $182 million through a flash loan attack that manipulated governance mechanisms, demonstrating the potential dangers of decentralised governance structures. 

A reentrancy flaw in Vyper, a popular language for writing Ethereum smart contracts, led to approximately $50 million being stolen from various liquidity pools. 

More recently, both in february 2024, BitForex, an online cryptocurrency exchange, vanished after withdrawing nearly $57 million from its hot wallets and, as well, the crypto gaming and NFT platform PlayDapp experienced exploits, resulting in the minting of 1.79 billion PLA tokens valued at over $290 million. 

As long as smart contracts security is not resolved for once, DeFi’s democratisation and mass adoption will not happen !

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