Sherlock is a leading security company dedicated to safeguarding Web3 through its
revolutionary audit contests, where the world’s top security researchers compete to identify
vulnerabilities in users’ code bases. Our unique approach combines the meticulous focus and
collaboration of traditional audits with the extensive participation of security experts from our
audit contests, creating a “best of both worlds” solution.

We're on a mission to secure Web3.

Safety and security is a critical factor in widespread adoption in Web3. High quality audits are a critical requirement to keeping the protocol and its users safe and secure. Foregoing an audit drastically increases the odds of a hack or exploit occurring. Between 2016 and 2022, the top 50 hacks were responsible for over $5.5B in losses - only 28%
of those were from protocols who had completed smart contract audits. In most cases, the potential loss of funds from a hack is many times greater than the upfront cost of an audit, making the implied ROI significant.

Sherlock's audit contests are distinguished by their quality and comprehensive nature. Our proprietary “best of both worlds” approach combines the focus, collaboration, and assurance of a traditional audit with the extensive participation of security experts from an audit contest. This method has proven significantly more effective in identifying vulnerabilities quickly and thoroughly compared to traditional audits.