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LABS
Glossary

Execution Trace

An execution trace is a granular, sequential record of every computational step, state access, and intermediate value produced during the processing of a transaction or smart contract on a blockchain.
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definition
BLOCKCHAIN DEBUGGING

What is Execution Trace?

An execution trace is a granular, step-by-step record of a transaction's computational journey through a virtual machine, detailing every opcode, state change, and internal call.

An execution trace is a low-level, chronological log of every computational step performed by a blockchain's virtual machine (VM), such as the Ethereum Virtual Machine (EVM), during the processing of a transaction or smart contract call. It captures the complete internal state of the computation, including the sequence of opcodes executed, changes to memory and storage, the flow of internal message calls (e.g., CALL, DELEGATECALL), and the consumption of gas at each step. This trace provides a forensic, line-by-line account of the transaction's logic, far more detailed than the final state change recorded on-chain.

The primary utility of an execution trace is for debugging and auditing. Developers use tools that generate and visualize these traces to pinpoint the exact location of bugs, understand failed transactions (reverts), and verify the precise behavior of complex smart contracts. For validators and node operators, execution traces are essential for block execution and verification, as they allow nodes to independently compute and agree on the correct state transition by replaying the same steps. Advanced use cases include building zero-knowledge proofs, where the trace serves as the computational witness for a zk-SNARK or zk-STARK circuit.

Execution traces are distinct from transaction receipts, which only summarize the outcome (success/failure, gas used, logs). A trace reveals the how and why. It is typically generated by instrumenting the VM during execution and can be formatted in structured data types like the standardised OpenEthereum trace or Geth's tracer outputs. Analyzing these traces requires specialized tools (e.g., Tenderly, Etherscan's debugger, custom tracers) that can parse the complex nested call frames and state diffs to provide a human-readable view of the transaction's execution path.

key-features
EXECUTION TRACE

Key Features

An execution trace is a granular, step-by-step record of a transaction's computational journey through the Ethereum Virtual Machine (EVM).

01

Opcode-Level Granularity

Traces decompose smart contract execution into individual EVM opcodes (e.g., PUSH1, SSTORE, CALL). This provides visibility into every state change, memory operation, and internal call, far beyond the high-level transaction receipt.

02

Call Tree Structure

Traces are structured as a call tree, mapping the hierarchy of internal transactions. This reveals:

  • The root external transaction.
  • Nested CALL, DELEGATECALL, STATICCALL, and CREATE operations.
  • Which contracts were invoked and in what order.
03

Gas Accounting

Each opcode step includes precise gas consumption data. This is critical for:

  • Gas optimization: Identifying expensive operations in a contract.
  • Debugging: Pinpointing where a transaction ran out of gas (out-of-gas error).
  • Fee analysis: Understanding the exact cost breakdown of complex interactions.
04

State Diff Foundation

Execution traces are the source data for deriving state diffs. By analyzing the SSTORE and SLOAD opcodes, systems can reconstruct the exact storage slot changes a transaction made, which is foundational for indexing and accounting.

05

Debugging & Security

Traces are indispensable tools for developers and auditors.

  • Debugging: Step through failed transactions to find the exact opcode that reverted.
  • Security Analysis: Trace suspicious transactions to uncover exploit patterns or validate contract behavior.
  • Simulation: Used by eth_call RPC and tools like Tenderly to simulate execution without broadcasting.
06

Trace Types (debug_trace*)

The Ethereum JSON-RPC offers specific methods for different trace formats:

  • debug_traceTransaction: The standard trace for a mined transaction.
  • debug_traceCall: Traces a hypothetical call on current state.
  • Trace Variants: structLogs (opcode-level), callTracer (call-focused), prestateTracer (state before/after).
how-it-works
MECHANICS

How an Execution Trace is Generated

An execution trace is the step-by-step record of a transaction's journey through a virtual machine, generated by processing its bytecode instruction by instruction.

An execution trace is generated when a transaction's bytecode is processed by a Virtual Machine (VM), such as the Ethereum Virtual Machine (EVM). The process begins with the VM's interpreter fetching the first opcode from the transaction's input data. For each opcode—like ADD, SSTORE, or JUMP—the VM executes the corresponding low-level operation, which modifies the machine's state: the program counter, stack, memory, and storage. Each of these state changes, along with the opcode itself, is recorded as a discrete execution step in the trace.

The generation is a deterministic, linear process. The VM follows the control flow dictated by the bytecode, creating a new trace row for every instruction executed. Complex operations, such as a call to an external contract, generate a nested sub-trace, capturing the execution context of the internal call. Tools like debuggers and tracers (e.g., debug_traceTransaction) instrument the VM to output this data. The resulting trace is a chronological log, often represented as a JSON array, where each entry contains fields for the opcode, gas cost, stack contents, memory delta, and any storage access.

This detailed record is foundational for several critical functions. Developers use execution traces for debugging smart contracts, analyzing why a transaction failed, or verifying complex state changes. For Layer 2 rollups, like Optimistic or ZK-Rollups, the trace is the raw data from which a zero-knowledge proof or fraud proof is constructed to attest to the correctness of execution off-chain. Analysts and block explorers parse traces to audit contract interactions and understand gas consumption patterns, making the trace an indispensable tool for transparency and verification in blockchain systems.

primary-use-cases
EXECUTION TRACE

Primary Use Cases

An execution trace is a detailed, step-by-step record of a transaction's computational path through a virtual machine. These are the primary scenarios where this low-level data is indispensable.

03

Gas Optimization

By analyzing the gas cost of each opcode in a trace, developers can pinpoint expensive operations and refactor code for efficiency. This involves:

  • Identifying gas-intensive loops or storage operations.
  • Comparing trace gas usage between different contract implementations.
  • Tools like the Ethereum Tracer (debug_traceTransaction) provide the granular data needed for this optimization.
04

Indexing & Data Infrastructure

Services that require a complete historical record of on-chain state (e.g., The Graph, Dune Analytics) use execution traces as a foundational data source. Traces allow them to:

  • Index internal contract calls and token transfers that are not logged as top-level events.
  • Build accurate historical state for complex protocols.
  • Power advanced analytics that depend on understanding full transaction context, not just receipts.
05

MEV Detection & Analysis

Researchers studying Maximal Extractable Value (MEV) use execution traces to analyze the strategies of searchers and validators. Traces reveal:

  • The precise sequence of arbitrage or liquidation transactions within a bundle.
  • Sandwich attack mechanics by showing the victim's transaction path and the attacker's surrounding trades.
  • Profit calculation from complex, multi-contract MEV operations.
06

Zero-Knowledge Proof Generation

In zk-rollups and zkEVMs, generating a validity proof for a batch of transactions requires a complete execution trace. The trace is used to:

  • Construct the execution witness for the proof system.
  • Verify that off-chain state transitions were computed correctly.
  • Ensure consensus by allowing any participant to verify the proof against the published trace data.
COMPARISON

Types of Execution Traces

A comparison of the primary trace formats used for debugging and analyzing smart contract execution on Ethereum and EVM-compatible chains.

Trace FeatureStandard EVM Trace (Geth)Call Trace (debug_traceCall)Parity/OpenEthereum Trace

Primary Data Structure

Nested opcode steps

Flattened call frames

Nested call frames with state diffs

Includes Opcode-Level Steps

Includes Gas Consumption per Step

Includes Full Stack/Memory/Storage

Includes Return Data & Revert Reasons

Output Verbosity

Very High

Low to Medium

High

Common Use Case

Deep contract debugging, gas optimization

Transaction simulation, pre-checking

State change analysis, block explorers

Primary RPC Method

debug_traceTransaction

debug_traceCall

trace_replayTransaction

ecosystem-usage
EXECUTION TRACE

Ecosystem Usage

Execution traces are foundational data structures used across the blockchain stack for debugging, analysis, and optimization. They provide a granular, step-by-step record of a transaction's computational journey.

03

MEV & Arbitrage Analysis

Maximal Extractable Value (MEV) searchers and analysts dissect execution traces to understand complex transaction bundles. They reverse-engineer arbitrage and liquidation strategies by examining the precise call flow, state diffs, and profit extraction points within a block, which are often obfuscated in simple transaction logs.

05

Security Auditing & Forensics

Auditors and forensic analysts use execution traces post-incident to investigate hacks and exploits. By replaying the malicious transaction step-by-step, they can:

  • Map the attacker's entry point and exploit path.
  • Identify the compromised contract function.
  • Document the exact sequence of state changes that led to fund loss.
06

Gas Optimization

Teams use execution traces to profile and optimize smart contract gas costs. By analyzing the opcode-level breakdown, developers can identify expensive operations (like excessive SSTOREs or memory expansions) and refactor code to reduce gas fees, which is essential for high-frequency DeFi applications.

role-in-zk-proofs
ZK-SNARKs & ZK-STARKs

Role in Zero-Knowledge Proofs

An execution trace is the foundational, step-by-step record of a computational process, serving as the primary data structure upon which zero-knowledge proofs are constructed to verify correctness without revealing underlying data.

In the context of zero-knowledge proofs (ZKPs), an execution trace is a tabular representation of a program's state across every computational cycle. Each row corresponds to a discrete step in the program's execution, while columns represent the state of all relevant variables, registers, or memory addresses at that step. This structured log is the witness—the private input to the proving system—that cryptographically demonstrates a computation was performed correctly according to a public set of rules or constraints, known as the arithmetization.

The proving system, such as a ZK-SNARK or ZK-STARK, does not process the original program code. Instead, it analyzes this execution trace. The prover generates the trace from the private inputs and computation, and the verifier only receives a succinct proof attesting to the trace's consistency. Critical to this process is the conversion of the trace into polynomial constraints through techniques like Rank-1 Constraint Systems (R1CS) or Algebraic Intermediate Representation (AIR), enabling the cryptographic machinery to efficiently check millions of computational steps.

For example, proving the correct execution of a blockchain transaction involves creating an execution trace that logs every change to the virtual machine's state—stack operations, memory writes, and opcode executions. The ZKP system then generates a proof that this trace satisfies all the constraints defined by the Ethereum Virtual Machine (EVM) specification, allowing a verifier to be convinced of valid state transition without re-executing the transaction or seeing the private data that triggered it.

The design of the execution trace is paramount for performance. A well-structured trace with low-degree polynomial constraints leads to faster proof generation and verification. Systems often employ custom gate design and lookup arguments to compactly represent complex operations (like cryptographic hashes) within the trace, optimizing the entire proving pipeline. The trace is thus the crucial bridge between high-level program semantics and the low-level cryptographic protocols that enable trustless verification.

EXECUTION TRACE

Common Misconceptions

Execution traces are a fundamental tool for debugging and analyzing smart contract behavior, but their complexity often leads to misunderstandings about their structure, purpose, and limitations.

No, an execution trace and a transaction receipt are fundamentally different data structures. A transaction receipt is a high-level summary of a transaction's outcome, containing fields like status (success/failure), gasUsed, and logsBloom. An execution trace is a low-level, step-by-step record of the EVM's internal state changes, including every opcode executed, memory/stack modifications, and internal calls. The receipt tells you what happened; the trace shows you how it happened.

EXECUTION TRACE

Frequently Asked Questions

Execution traces are the detailed, step-by-step records of a transaction's computational journey through the Ethereum Virtual Machine (EVM). These FAQs address common questions about their structure, purpose, and analysis.

An execution trace is a low-level, chronological record of every computational step the Ethereum Virtual Machine (EVM) performs while processing a transaction or smart contract call. It logs the state of the EVM at each opcode execution, including changes to storage, memory, and the stack, providing a complete forensic audit trail of the transaction's logic and effects. This granular data is essential for developers debugging complex contracts, for auditors verifying security, and for indexers building advanced data services. Tools like debuggers and tracers within clients like Geth and Erigon generate these traces by re-executing transactions in a controlled environment.

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Execution Trace: Definition & Role in Blockchain | ChainScore Glossary