DeFi· ★★★· bullish·

Ethereum Foundation funds $100K grant for Vyper compiler verification

  • —The $100K grant is part of the $600K ETHSecurity Initiatives Round Two allocation
  • —Vyper contracts secure more than $2B in DeFi TVL
  • —The project will add a verified compilation mode to the official Vyper compiler
  • —Work involves the Foundation for Verified Software and the Vyper team, building on HOL4 formal semantics research
Why it matters: A formally verified compiler would eliminate a class of exploits: a Vyper compiler bug in 2023 drained roughly $70 million from Curve pools.
#ETH
Source: Crypto Briefing
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