Q2 2026 Security & Compliance Report67 incidents, $764M in losses, 88% from operational failures.
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Audit name:

[SCA] ByTrade Venture Capital | Staking | Feb2023

Date:

Mar 2, 2023

Table of Content

→Introduction
→Audit Summary
→Document Information
→System Overview
→Executive Summary
→Risks
→Findings
→Appendix 1. Severity Definitions
→Appendix 2. Scope
→Disclaimer

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Introduction

We express our gratitude to the ByTrade Venture Capital team for the collaborative engagement that enabled the execution of this Smart Contract Security Assessment.

ByTrade is continuously developing a complete ecosystem in the virtual asset and blockchain technology environment.

titlecontent
PlatformEVM
LanguageSolidity
TagsStaking
Timeline20/02/2023 - 03/03/2023
Methodologyhttps://hackenio.cc/sc_methodology→

    Review Scope

    Repositoryhttps://github.com/bytradeio/Bytrade-Staking→
    Commit00cc24ea2bdbe16a77237b64b9f6b35da0acae00

    Audit Summary

    Total9.4/10
    Security Score

    10/10

    Test Coverage

    0.00%

    Code Quality Score

    8/10

    Documentation Quality Score

    8/10

    8Total Findings
    6Resolved
    0Accepted
    0Mitigated

    The system users should acknowledge all the risks summed up in the risks section of the report

    Document Information

    This report may contain confidential information about IT systems and the intellectual property of the Customer, as well as information about potential vulnerabilities and methods of their exploitation.

    The report can be disclosed publicly after prior consent by another Party. Any subsequent publication of this report shall be without mandatory consent.

    Document

    NameSmart Contract Code Review and Security Analysis Report for ByTrade Venture Capital
    Audited ByHacken
    Websitehttps://bytrade.io/→
    Changelog24/02/2023 - Initial Review
    03/03/2023 - Second Review
    • Document

      Name
      Smart Contract Code Review and Security Analysis Report for ByTrade Venture Capital
      Audited By
      Hacken
      Changelog
      24/02/2023 - Initial Review
      03/03/2023 - Second Review

    System Overview

    ByTrade Venture Capital is a system with the following contracts:

    • BytradeStaking_ — a contract that rewards users for staking their tokens. APY depends on the tokens provided by the owner and cannot be calculated before reward tokens are deposited.

    Privileged roles

    The contract does not have any privileged roles.

    Executive Summary

    Documentation quality

    The total Documentation quality score is 8 out of 10.

    • Overall system requirements are provided.

    • NatSpec is insufficient.

    • Run instructions are provided.

    Code quality

    The total Code quality score is 8 out of 10.

    • Best practices violations.

    • Test coverage is insufficient.

    Test coverage

    Code coverage of the project is 0.00% (branch coverage).

    • Code is not covered with tests.

    Security score

    Upon auditing, the code was found to contain 0 critical, 2 high, 1 medium, and 5 low severity issues. Out of these, 6 issues have been addressed and resolved, leading to a security score of 10 out of 10.

    All identified issues are detailed in the “Findings” section of this report.

    Summary

    The comprehensive audit of the customer's smart contract yields an overall score of 9.6. This score reflects the combined evaluation of documentation, code quality, test coverage, and security aspects of the project.

    Risks

    The view function returns a dynamic array of unlimited size. It is theoretically possible that the Gas cost of executing this function will exceed the Gas limit set in the node.

    Smart contract is available to receive Ether, but it is not necessary for it to work.

    Findings

    F-2023-0010Insufficient Balance
    Status
    fixed
    Severity

    High
    F-2023-0009Funds Lock
    Status
    fixed
    Severity

    High
    F-2023-0011Gas Limit and Loops
    Status
    fixed
    Severity

    Medium
    F-2023-0016Variables that Should Be Declared External
    Status
    unfixed
    Severity

    Low
    F-2023-0015Use of Hard-Coded Values
    Status
    unfixed
    Severity

    Low
    F-2023-0014Use of Hard-Coded Values
    Status
    fixed
    Severity

    Low
    F-2023-0013Boolean Equality
    Status
    fixed
    Severity

    Low
    F-2023-0012Floating Pragma
    Status
    fixed
    Severity

    Low
    Code
    ―
    Title
    Status
    Severity
    F-2023-0010Insufficient Balance
    fixed

    High
    F-2023-0009Funds Lock
    fixed

    High
    F-2023-0011Gas Limit and Loops
    fixed

    Medium
    F-2023-0016Variables that Should Be Declared External
    unfixed

    Low
    F-2023-0015Use of Hard-Coded Values
    unfixed

    Low
    F-2023-0014Use of Hard-Coded Values
    fixed

    Low
    F-2023-0013Boolean Equality
    fixed

    Low
    F-2023-0012Floating Pragma
    fixed

    Low
    1-8 of 8 findings

    Identify vulnerabilities in your smart contracts.

    Appendix 1. Severity Definitions

    When auditing smart contracts, Hacken is using a risk-based approach that considers Likelihood, Impact, Exploitability and Complexity metrics to evaluate findings and score severities.

    Reference on how risk scoring is done is available through the repository in our Github organization:

    Severity

    Description

    Critical
    Critical vulnerabilities are usually straightforward to exploit and can lead to the loss of user funds or contract state manipulation.

    High
    High vulnerabilities are usually harder to exploit, requiring specific conditions, or have a more limited scope, but can still lead to the loss of user funds or contract state manipulation.

    Medium
    Medium vulnerabilities are usually limited to state manipulations and, in most cases, cannot lead to asset loss. Contradictions and requirements violations. Major deviations from best practices are also in this category.

    Low
    Major deviations from best practices or major Gas inefficiency. These issues will not have a significant impact on code execution, do not affect security score but can affect code quality score.
    • Severity

      Critical

      Description

      Critical vulnerabilities are usually straightforward to exploit and can lead to the loss of user funds or contract state manipulation.

      Severity

      High

      Description

      High vulnerabilities are usually harder to exploit, requiring specific conditions, or have a more limited scope, but can still lead to the loss of user funds or contract state manipulation.

      Severity

      Medium

      Description

      Medium vulnerabilities are usually limited to state manipulations and, in most cases, cannot lead to asset loss. Contradictions and requirements violations. Major deviations from best practices are also in this category.

      Severity

      Low

      Description

      Major deviations from best practices or major Gas inefficiency. These issues will not have a significant impact on code execution, do not affect security score but can affect code quality score.

    Appendix 2. Scope

    The scope of the project includes the following smart contracts from the provided repository:

    Scope Details

    Repositoryhttps://github.com/bytradeio/Bytrade-Staking→
    Commit00cc24ea2bdbe16a77237b64b9f6b35da0acae00
    WhitepaperProvided→
    RequirementsProvided→
    Technical RequirementsNot provided

    Contracts in Scope

    contracts
    Bytrade_Staking.sol - contracts › Bytrade_Staking.sol

    Disclaimer