Gas Audit Flags $10–30M Annual Inefficiency in Bybit's Smart Contracts
A gas-optimization audit of Bybit's on-chain smart contracts, covering Ethereum Mainnet and L2 networks Optimism, Arbitrum, and zkSync, was completed on 16 September 2026. The audit, conducted by a senior DeFi security researcher, reviewed all contract components tied to Bybit's approximately $15.1 billion TVL. A total of 29 findings were identified across categories including unbounded loops, excessive storage operations, and inefficient calldata handling, with unbounded loops posing the highest risk of transaction failures. The protocol received a gas-risk score of 3 out of 10, indicating no critical security vulnerabilities but notable inefficiencies. Left unaddressed, these issues could result in an estimated $10–30 million in avoidable gas fees annually given current transaction volumes.
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