@lewisaudley

Security audits are only meaningful if conducted by well-known, trusted firms with a proven track record. Reputable auditors not only scan for vulnerabilities but also review design flaws, governance risks, and economic exploits. To evaluate, check whether audit reports are publicly available, transparent, and include severity classifications with remediation steps. If the project received multiple audits from top-tier firms like Trail of Bits, Quantstamp, or OpenZeppelin, confidence is higher. Conversely, obscure or in-house audits provide limited assurance. It is also important to see if identified issues were actually fixed—unresolved vulnerabilities suggest negligence. Additionally, ongoing audits and bug bounty programs demonstrate a commitment to continuous security. Ultimately, credible audits greatly reduce systemic risks, protecting both users and investors.

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