What Coinspect does

Coinspect (legal name: Coinspect Security) is a privately held Web3 security services firm founded in 2014 that provides professional security auditing for blockchain protocols, smart contracts, and decentralized applications. The company's core offerings include Blockchain Protocol Audit (L1/L2 cryptography, consensus, economic incentives, and denial-of-service analysis), Smart Contract Audit (covering economic attacks and complex DeFi interactions beyond common vulnerabilities), Penetration Testing, SDLC Reinforcement, and Source Code Audit. Its core technology is specialized human-expert auditing augmented by a proprietary educational platform called Learn EVM Attacks, which features 45+ Foundry-based reproductions of real-world DeFi exploits totaling $1.8B+ in documented value hacked across 8 EVM chains and 14 vulnerability categories.

Coinspect operates a B2B professional services model, selling quote-based project engagements to crypto projects, DeFi protocols, and blockchain infrastructure companies. The go-to-market is direct enterprise sales targeting CTOs and Heads of Engineering, supported by a content-led marketing strategy through a technical blog, social media presence on Twitter/X, LinkedIn, Medium, and GitHub, and the Learn EVM Attacks platform which doubles as a community resource and inbound funnel. Named reference customers include Ledger, Rootstock Labs, Electric Coin (ZCash), Liquity, and Tari Labs, indicating enterprise-tier engagement across hardware wallets, blockchain infrastructure, privacy cryptocurrencies, and DeFi.

The firm is bootstrapped (no disclosed funding rounds), operates with 11-50 employees, and runs a global, remote-friendly delivery model. A Wallet Ranking service extends the product portfolio beyond project-based audits into a public-facing security evaluation tool. Coinspect has been operating continuously for over a decade through multiple crypto market cycles, which combined with high-profile client retention suggests durable demand for its specialist expertise, though no revenue or headcount-growth disclosures are available in the input data.

Name

Coinspect

Legal name

Coinspect Security

Website

https://coinspect.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Coinspect is a bootstrapped Web3 security services firm founded in 2014 that provides smart contract audits, blockchain protocol audits, penetration testing, and developer training to cryptocurrency, DeFi, and blockchain infrastructure clients.

Ownership category

akta.pro rank

Product category

Blockchain Security Services

akta.pro primary industry

Smart Contract Auditing & Formal Verification (FSAPAJAA)

akta.pro secondary industry

Smart Contract Security Tooling (static/dynamic analysis, formal verification) (FSAPABAI)

Keywords

• Smart contract auditing
• Blockchain security services
• Penetration testing
• Web3 protocol audits
• Cryptocurrency wallet security

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Security Auditing Services: Professional security audit services for blockchain protocols, smart contracts, and Web3 applications. Revenue generated through project-based consulting engagements including blockchain protocol audits, smart contract audits, penetration testing, and source code audits. Pricing appears to be quote-based with no public pricing disclosed.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Coinspect provides professional Web3 and blockchain security auditing services, including L1/L2 blockchain protocol audits, smart contract security reviews, penetration testing, source code audits, and SDLC reinforcement. The firm analyzes economic attacks and complex DeFi interactions beyond common vulnerabilities. It also operates the Learn EVM Attacks educational platform, offering Foundry-based reproductions of 45+ real-world DeFi exploits, and a Wallet Ranking security evaluation service for cryptocurrency wallets.

Product overview

Coinspect is a Web3 security services company offering a portfolio of professional security auditing services including Blockchain Protocol Audit (L1/L2 blockchain security analysis), Smart Contract Audit, Penetration Testing, SDLC Reinforcement, and Source Code Audit. The company also operates an educational platform called Learn EVM Attacks that provides curated reproductions of real-world DeFi exploits with Solidity PoCs and Foundry tests. A Wallet Ranking service is also offered for evaluating cryptocurrency wallet security.

Differentiator

Problem solved

Functional benefit

Products and services

• Blockchain Protocol Audit

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Trail of Bits: Trail of Bits is a leading cybersecurity firm with a dedicated blockchain security practice offering smart contract audits, formal verification, and applied cryptography — closely comparable to Coinspect's core audit and protocol security services.
• OpenZeppelin: OpenZeppelin is a foundational smart contract security and developer tools company providing audits, security libraries, and EVM-focused tooling — a direct competitor for smart contract auditing engagements.
• Certora: Certora specializes in formal verification and security audits for smart contracts and DeFi protocols, competing directly with Coinspect's smart contract audit and economic-attack analysis services.
• Spearbit (Cantina): Spearbit (now part of Cantina) operates a decentralized network of top-tier smart contract auditors offering competitive audit services for protocols and DeFi projects — closely comparable in positioning and client base.
• ChainSecurity: ChainSecurity provides smart contract auditing and formal verification for DeFi and blockchain protocols, often emphasizing economic attack analysis that overlaps with Coinspect's differentiator.
• Halborn: Halborn is an end-to-end blockchain cybersecurity firm offering smart contract audits, penetration testing, and advisory services to Web3 companies — directly overlapping with Coinspect's penetration testing and audit offerings.
• Quantstamp: Quantstamp is a well-known smart contract audit and blockchain security firm that has audited many large DeFi protocols, competing for the same enterprise-tier audit engagements.
• Runtime Verification: Runtime Verification provides formal verification and security audits for smart contracts and consensus protocols, with capabilities that overlap significantly with Coinspect's protocol-level and smart contract audit offerings.

Broad incumbents

• Consensys Diligence: Consensys Diligence is the smart contract security arm of Consensys offering audits and security tools; as a division of a larger Ethereum infrastructure company, it competes with Coinspect but operates at greater scale and with broader resources.

Emerging players

• Zellic: Zellic is a relatively newer boutique auditing firm focusing on high-severity vulnerability research and smart contract security audits, representing an emerging competitor with partial overlap to Coinspect's audit work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/coinspect
• GitHubgithub.com/coinspect
• LinkedInlinkedin.com/company/coinspect

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coinspect