@sherlockdefi

Sherlock is an established smart contract auditing platform offering private audits, audit contests, bug bounties, and recently launched AI-native audit tooling (Audit Engine).

Founded in early 2021, it has conducted 1000+ audits, protects $250B+ TVL, and paid out $21M+ to security researchers.

While technically legitimate and recently expanding into AI auditing, Sherlock is far from early-stage—it's a well-known, mature security infrastructure provider in the crypto ecosystem.

Green flags: Legitimate security infrastructure with 1000+ audits and $250B+ TVL protected · Strong track record: $21M+ paid to researchers, 2000+ critical vulnerabilities found · Recent innovation with Audit Engine (AI-native auditing) launched August 2026 · Trusted by leading protocols and selected for BNB Chain's AvengerDAO marketplace

Red flags: Already established: 28k followers, founded February 2021 (nearly 4 years old) · Well-known security provider in crypto—not an early-stage gem · Mature product suite (audits, contests, bounties, insurance) indicates established market position · This is infrastructure already discovered and used by major protocols