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CWRA

Certified Web3 Risk Analyst

Certified Web3 Risk Analyst is the credential for assessing what a smart contract audit does not: pool depth, venue fragmentation, oracle sourcing, launch mechanics, MEV exposure, governance capture, key custody and chain settlement. It is built on inDemniFi's own corpus of 294 recorded exploits and $2.78B in documented losses, in which audited protocols were exploited 72 times and the audit caught the exploit 4 times. Candidates finish able to take a live protocol and produce a risk memo an underwriter can act on.

Pricing to be announced
75% to pass · 60 questions · 120 min · 3 attempts
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Prerequisites

  • ·Certified Blockchain Foundations (CBF), or equivalent working knowledge of blocks, accounts, the EVM, gas and AMMs.
  • ·Comfort reading a block explorer and a contract interface.

Curriculum (7 chapters)

Chapter 1Risk That Is Not Code Risk

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  • The audit gap: Of 294 recorded incidents, 72 protocols had been audited. The exploit was in scope for 15. The audit caught 4.
  • Correct code, wrong room: Sniping, venue fragmentation, fee governance, MEV and flash-loan economics all cost money without any line of source being wrong.
  • Idle, moving, working: Money is exposed differently depending on whether it sits in a wallet, is in flight for one block, or is deployed in a protocol.
  • The chain cannot tell: Predatory and useful contracts cost the same to deploy, run forever, and ask nobody permission.
  • What is left to underwrite: Pool depth, venue count, oracle sourcing, launch mechanics and slippage defaults — none in the source, all observable on chain.

Chapter 2Liquidity and Launch Risk

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6 topics in this chapter.

Chapter 3Price and Oracle Risk

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6 topics in this chapter.

Chapter 4MEV and Execution Risk

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6 topics in this chapter.

Chapter 5Contract-Level Risk Classification

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6 topics in this chapter.

Chapter 6Chain and Counterparty Risk

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6 topics in this chapter.

Chapter 7Quantifying, Pricing and Reporting Risk

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6 topics in this chapter.

What CWRA professionals do

  • ·Enumerate a protocol's exposure across liquidity, price, execution, contract, key and chain risk.
  • ·Compute what it costs to make a protocol believe a false price, and whether that capital can be borrowed atomically.
  • ·Read an audit report for its scope rather than its conclusion.
  • ·Ground frequency and severity estimates in recorded base rates instead of intuition.
  • ·Write a risk memo that states exposure, attack cost, controls, residual risk and what would change the answer.