Gemini Gas Optimization Audit Finds Savings Potential and Gas-Related DoS Risks
An audit of Gemini's on-chain contracts, which hold roughly $5.34 billion in total value locked across Ethereum and Layer 2 networks, examined gas efficiency and gas-related attack vectors. Reviewers used static analysis, mainnet-fork profiling, and L2 testing on Arbitrum and Optimism to identify inefficiencies. Key issues included storage-slot fragmentation, quadratic gas growth in batch settlement, and external calls without gas caps that could enable griefing on congested L2 networks. The auditors estimated optimizations could cut gas costs by about 12 to 22 percent per operation, potentially saving around $3.2 million annually. The overall risk score was rated 4 out of 10, with recommended upgrades targeted within four to six weeks.
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