TokenFi Launches TokenFi Shield for EVM and Solana Smart Contract Audits
TokenFi has launched TokenFi Shield, an AI-powered auditing platform for Ethereum Virtual Machine (EVM) and Solana smart contracts. This tool allows developers to upload Solidity or Rust code, scan for vulnerabilities, and receive structured audit reports within minutes. TokenFi Shield, available in free beta, supports networks like Ethereum, BNB Chain, Polygon, Avalanche, and Solana. It identifies security risks, logic flaws, and compliance issues, offering categorized insights and suggestions. Designed to complement manual audits, it provides fast, cost-efficient initial assessments for projects, developers, and educators. The system is non-custodial with end-to-end encryption and supports re-audits for continuous learning. TokenFi Shield aims to democratize smart contract auditing, enhancing readiness for deployment and improving security practices in the Web3 ecosystem.
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Introduction to TokenFi Shield
TokenFi Shield, a new AI-powered audit system, has been officially launched by Floki’s TokenFi. This tool is designed for auditing Ethereum Virtual Machine (EVM) and Solana smart contracts. Developers can upload Solidity or Rust code to the platform, automatically scan for vulnerabilities, and receive structured audit reports within minutes. Currently available in a free beta, the service supports multiple networks including Ethereum, BNB Chain, Polygon, Avalanche, and Solana (via Rust).
What Is TokenFi Shield?
TokenFi Shield is an AI-driven auditing tool aimed at identifying potential risks in smart contracts before deployment. It performs semantic and code-level analysis on Solidity and Rust contracts, flagging:
- Security vulnerabilities
- Logic flaws
- Compliance issues
The system then categorizes findings by severity, ranging from critical to low-level issues, and provides actionable recommendations. TokenFi emphasizes that the tool is a complementary layer to manual audits, enhancing speed, accuracy, and confidence.
Why TokenFi Built It
Traditional audits for smart contracts are often slow, expensive, and inefficient, particularly for smaller teams or early-stage DAOs. TokenFi Shield addresses these challenges by offering instant AI-powered feedback without the need to wait weeks for manual reports. Key benefits include:
- Cost reduction: Detect errors early to minimize expensive manual audits
- Accessibility: Free beta access allowing up to 10 audits per day
- Educational insight: Developers can learn from detailed explanations of potential issues
This initiative targets use cases like presale and NFT contracts, DAOs, memecoin projects, and DeFi protocols.
How TokenFi Shield Works
The system mirrors a professional audit workflow and follows a seven-step process:
- Add Project Information: Name your project and describe its purpose.
- Choose Contract Type: Select between EVM (Solidity) or Solana (Rust) environments.
- Add Optional Files: Upload supporting materials like whitepapers or tokenomics.
- Provide Contract Code: Upload
.solor.rsfiles or paste them directly. - Run Audit: The AI scans for vulnerabilities, logic inconsistencies, and compliance risks.
- View Audit Results: Findings are categorized by severity:
- Critical: Must fix before deployment.
- High: Major security concerns.
- Medium: Logic-level issues.
- Low: Minor recommendations.
- Re-Audit and Iterate: Updated contracts can be re-submitted for subsequent audits, improving the AI’s learning model over time.
The dashboard also supports tracking progress and versioning for detailed project histories.
Key Features and Benefits
The main features of TokenFi Shield include:
- Instant Reports: Get full audit results within minutes.
- Clear Explanations: Understandable issue descriptions and fixes.
- Re-Audit & Versioning: Compare past reports and verify updates.
- Dashboard Access: Manage, download, and monitor all reports.
- History Tracking: Track how your contract evolves over time.
Benefits for Web3 developers and projects include:
- Faster Turnaround: Receive audit insights instantly.
- Cost Savings: Reduce the hours needed for manual audits.
- Improved Quality: Detect issues earlier in the development cycle.
- Educational Value: Ideal for developers learning Solidity or Rust.
During the free beta, users can complete up to 10 audits per day, resetting at 00:00 UTC daily.
Supported Blockchains and Security Practices
TokenFi Shield supports the two most widely used smart contract ecosystems:
- EVM (Solidity): Including Ethereum, BNB Chain, Polygon, Avalanche, and other networks.
- Solana (Rust): Offering Rust-based projects AI analysis and risk detection.
Security and privacy are prioritized through:
- Non-Custodial System: Contracts remain solely in the user’s environment.
- End-to-End Encryption: Ensures sensitive data is not publicly accessible.
- User-Controlled Reports: Reports can be deleted at any time.
TokenFi underscores that while the tool automates initial assessments, manual audits remain critical for production-level contracts.
Broader Ecosystem and Future Developments
The launch of TokenFi Shield complements TokenFi’s growing ecosystem, which includes:
- Token Creation Tools: Simplify token generation.
- AI-Powered Auditing: Enhanced with TokenFi Shield.
- Launchpad Support: Helping Web3 projects achieve their goals.
To celebrate its second anniversary, TokenFi initiated a community infographic contest, with $3,000 in prizes to foster engagement and raise awareness for these tools.
Conclusion
TokenFi Shield offers a practical solution for developers looking for fast, secure, and accessible smart contract audits. By automating the initial stages of vulnerability detection, it lays the groundwork for professional audits and helps teams deploy safer contracts with confidence.
With real-time AI scanning, version tracking, and free beta access, TokenFi Shield is poised to become a vital tool for Web3 projects across major blockchain ecosystems.