Myth: A single audit equals permanent safety. Reality: Audits are snapshots; live contracts evolve. Uniswap V3 had 9 audits but still faced a critical vulnerability in a specific router. Myth: Auditors catch every bug. Reality: They test for known risks. The $600M Poly Network hack exploited a logic flaw in cross-chain calls—a scenario not in standard audit checklists. Myth: More audits = perfect security. Reality: It can create a false sense of safety. Always verify if audits cover the exact contract version you’re interacting with on-chain. Action: Use tools like Etherscan's contract verification to match the deployed code with the audited version. Never trust a badge alone—verify the hash.
