Web3×LLM On-Chain Contract Analysis Tool “DeCipher” Sparks Excitement Among Developers and Researchers


Bunzz, a Singapore-based web3×LLM tech web3-startup, is thrilled to announce the successful release of “DeCipher”, a revolutionary AI-powered tool designed to transform the process of generating Smart Contract documentation. Users can create documents from nearly all Smart Contracts existing on each Blockchain with a single click.

This is a powerful tool that strongly supports developers who want to develop new DApps based on existing contracts, traders and investors who want to understand complex DeFi protocols, and business owners of web3 products.

This Tool Empowers Web3 Folks with Contract Clarification

DeCipher quickly became a hot topic as a powerful tool, supporting developers who want to develop new DApps based on existing contracts, traders and investors seeking to understand complex DeFi protocols, and business owners of Web3 products. This is not surprising because DeCipher supports almost all blockchains, enabling the generation of “user-friendly manuals” for nearly all deployed contracts. This new technology makes DApp cloning and research much more accessible, clearly promoting the mass adoption of Web3.

Furthermore, the vulnerability of many assets due to weaknesses in the Vyper language has raised concerns. However, DeCipher’s ability to learn vulnerability patterns in contracts, not limited to Vyper language, suggests the potential for an LLM-based auditing tool to be realized.

DeCipher’s unique data processing algorithm

DeCipher leverages advanced AI models, ChatGPT3.5 and 4, specifically optimized for analyzing Smart Contracts. The resulting “Smart Contract-specialized GPT” is an incredibly precise tool that has even impressed the Bunzz team. The unique fine-tuning approach employed by DeCipher is currently undergoing patent processing, showcasing Bunzz’s commitment to cutting-edge technology.


DeCipher’s Chrome Extension Dramatically Enhances Block Explorer UX

Surprisingly, DeCipher has also launched a Chrome Extension simultaneously. By installing this, users can view documents just by clicking the generate button while keeping the contract page they want to analyze open in Block Explorer. This is similar to Etherscan’s new feature, “Code Reader,” but differs in the following points:

  1. DeCipher is free. Code Reader effectively requires payment as it requires the Open AI API.
  2. DeCipher’s Chrome Extension can be used not only on Etherscan but also on other major Block Explorers.
  3. The accuracy of DeCipher’s documentation.

Editing and Deployment Capabilities with unique CLI

Using DeCipher is incredibly simple: developers can effortlessly generate documentation by copying and pasting the contract’s URL. For those seeking continuous accessibility, DeCipher can be conveniently accessed through the Bunzz Chrome Extension, available on popular Block Explorers like Etherscan.

DeCipher’s advantages are not limited to just Smart Contract analysis. By using the Bunzz CLI, developers can edit and deploy contracts after they’ve been analyzed. Moreover, it’s a comprehensive solution that allows deployment to all EVM-compatible blockchains. These features hold substantial value for developers intending to create new applications by forking existing DApps, dramatically enhancing the efficiency of their product development process.

About the ‘Machine-Readable Contract Layer’ that connects AI and blockchain

DeCipher is not just a development tool, it envisions something bigger. By providing the vast amount of contract data generated from document creation in a data structure that is easy for AI to read, it aims to create an ecosystem where various AI services can connect on top of its “Machine-Readable Contract Layer”. You can check the details on this Notion page.

Introducing Bunzz Eco-System

Introducing Bunzz v2, a state-of-the-art DApp development environment that includes DeCipher, Bunzz CLI, a repository, and a deployment environment. This breakthrough offering allows easy modularization and editing of all blockchain-deployed contracts using the Bunzz CLI, while securely deploying them with Metamask – a first in web3 history.

Read this next

Digital Assets

Bybit exits UK market ahead of regulatory changes

Bybit is suspending its cryptocurrency services for users in the United Kingdom due to impending regulations from the country’s Financial Conduct Authority (FCA).

Digital Assets

Binance argues SEC trampled authority set by Congress

Binance, Binance.US, and Changpeng Zhao have jointly filed to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC) in June.


Oscar Asly replaces Rasha Gad as CEO of M4Markets Dubai

Seychelles-regulated brokerage firm M4Markets has secured a license from the Dubai Financial Services Authority (DFSA) after it has already incorporated its new subsidiary in the Dubai International Financial Center (DIFC).

Retail FX

Capital Index UK reports mitigated loss despite revenue drop

FCA-regulated brokerage firm Capital Index (UK) Limited has released its annual financial report for the year 2022.

Digital Assets

Mike Novogratz’s Galaxy Digital expands in Europe

Galaxy Digital, the New York-based cryptocurrency financial services company founded by Mike Novogratz, is expanding its presence in Europe by appointing Leon Marshall as its first European CEO.

Metaverse Gaming NFT

Turingum Partners with MarketAcross to Drive Web3 Adoption in Global and Japanese Markets

Global blockchain PR leader MarketAcross joins forces with Japanese Web3 specialist Turingum to mutually expand its market reach, aiming to fortify Turingum’s worldwide footprint and MarketAcross’s presence in the lucrative Japanese blockchain landscape.

Digital Assets

Binance to delist all stablecoins in Europe next year

During a public hearing with the European Banking Authority (EBA), an executive from Binance said that the exchange could ultimately delist stablecoins from its European platforms by June 30, 2024.

Industry News

“Unconscionable conduct”: ASIC fines National Australia Bank $2.1m for overcharging customers

NAB faces a $2.1 million penalty for unconscionable conduct, as the Federal Court rules the bank knowingly overcharged customers, and took over two years to rectify the situation.