Detailed Instructions

First, you must locate the transaction hash on a block explorer like Etherscan. For this example, we'll use the hash 0xabc123... for a swap on Uniswap V2. The core data is found in the input field, which is the encoded call data sent to the smart contract. This data is a hexadecimal string starting with a function selector, a 4-byte identifier derived from the function signature. You can parse this using a library like ethers.js or web3.py. For instance, the common swapExactTokensForTokens function selector is 0x38ed1739.

• Sub-step 1: Navigate to the transaction details page on Etherscan for your target hash.
• Sub-step 2: Copy the entire value from the Input Data field.
• Sub-step 3: Use a decoding tool or script to split the data into the function selector and the encoded arguments.

Tip: The first 10 characters (after '0x') are typically the function selector. The rest is the ABI-encoded parameters.

Detailed Instructions

With the raw input data, you need the contract's Application Binary Interface (ABI) to decode it. The ABI defines the function signatures and data structures. You can often fetch it from the block explorer's contract page or a repository. The decoding process reveals the exact function called and its arguments. For a swapExactTokensForTokens call, key arguments include amountIn, amountOutMin, path (an array of token addresses), to (recipient address), and deadline. Using ethers.js, the decoding is straightforward.

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const iface = new ethers.utils.Interface(abiJson);
const decodedData = iface.parseTransaction({ data: rawInputData });
console.log(decodedData.args);

• Sub-step 1: Obtain the correct ABI for the DEX contract (e.g., Uniswap V2 Router: 0x7a250d5630B4cF539739dF2C5dAcb4c659F2488D).
• Sub-step 2: Pass the ABI and the raw input string to a decoder.
• Sub-step 3: Inspect the output object to see the function name and an array of argument values.

Tip: The path array is critical; it shows the token route, e.g., from WETH (0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2) to DAI (0x6B175474E89094C44Da98b954EedeAC495271d0F).

Detailed Instructions

Smart contracts emit events during execution, which are recorded in the transaction logs. For DEX swaps, the most important events are Transfer (ERC-20 standard) and the DEX-specific Swap event. These logs provide independent verification of the token amounts that were actually transferred. The Swap event from a Uniswap V2 pool, for instance, logs sender, amount0In, amount1In, amount0Out, amount1Out, and to. You must match the event topics and decoded data to the contract addresses involved.

• Sub-step 1: In the transaction details, find the Logs tab and identify entries from the relevant pool contract.
• Sub-step 2: For a Swap event, the first topic is the event signature hash (0xd78ad95...). Decode the data field using the event's ABI.
• Sub-step 3: Cross-reference the Transfer event amounts with the Swap event amounts to ensure consistency and calculate the effective price (e.g., amountOut / amountIn).

Tip: A simple swap will show a Transfer of the input token from the user to the pool, and a Transfer of the output token from the pool to the user.

Detailed Instructions

The final step is to synthesize all decoded information to understand the complete flow and verify its correctness. This involves tracing the call path (e.g., user -> Router -> Pool), checking that the amountOut meets the amountOutMin slippage tolerance, and validating the deadline. Furthermore, you should query the state changes by checking the token balances of the user and the liquidity pool before and after the transaction, using block numbers. This confirms the swap executed as intended.

• Sub-step 1: Map the sequence: User approves Router, calls swapExactTokensForTokens, Router interacts with Pool(s) along the path.
• Sub-step 2: Verify critical conditions: timestamp of block <= deadline, and actual amountOut >= decoded amountOutMin.
• Sub-step 3: Use an archive node or block explorer API to get the balanceOf for the involved addresses at the block before and after the transaction.

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# Example balance check via Etherscan API
curl "https://api.etherscan.io/api?module=account&action=tokenbalance&contractaddress=0x6B175...&address=0xUserAddr&tag=0xBlockNumHex"

Tip: This holistic view helps identify complex interactions like multi-hop swaps or unexpected fee-on-transfer tokens that affect the final received amount.

Detailed Instructions

First, you must locate the transaction hash for the DEX interaction you wish to analyze. Use a block explorer like Etherscan for Ethereum or an equivalent for other EVM chains. Navigate to the transaction details page. The core action is to decode the input data. This raw hexadecimal string contains the function signature and encoded arguments. On Etherscan, click the 'Decode Input Data' button. This reveals the function name (e.g., swapExactTokensForTokens) and the precise arguments passed, such as amountIn, amountOutMin, path (an array of token addresses), to (recipient), and deadline. For programmatic access, you can use the ethers.js library to decode it.

• Sub-step 1: Go to Etherscan and paste the transaction hash (e.g., 0x1234...abcd) into the search bar.
• Sub-step 2: On the transaction page, find the 'Input Data' section and click 'Decode Input Data'.
• Sub-step 3: Record the decoded function name and all its parameters, especially the token path and amount values.

Tip: For common DEXes like Uniswap V2, the contract ABI is often already verified on the explorer, making decoding straightforward.

Detailed Instructions

With the function identified, you must analyze what storage variables it accesses. DEX contracts frequently read from mappings like reserves (for pairs), allowances, and balances. Each SLOAD operation (reading a storage slot) costs a minimum of 2,100 gas, which can be a major optimization target. Use the block explorer's 'State Changes' or 'Read' tabs to see which storage slots were accessed. Look for patterns where the same storage slot is read multiple times within a single transaction; these are prime candidates for caching in memory. For instance, a swap function might read the same pair's reserve values multiple times for calculations and checks.

• Sub-step 1: On the transaction page, navigate to the 'State' or 'Read Contracts' section to view accessed storage slots.
• Sub-step 2: Note the slot addresses and the corresponding variable names (e.g., slot 0x... for reserve0).
• Sub-step 3: Cross-reference with the contract's source code (if verified) to confirm which functions trigger these reads.

Tip: Tools like tenderly.co or ethdebug can provide a more detailed trace of every opcode and storage access, helping pinpoint exact gas costs.

Detailed Instructions

Now, examine the contract's logic for common gas inefficiencies. Key areas include redundant condition checks, unbounded loops over arrays (like the path array), and excessive balanceOf or allowance checks via external calls. Each external call adds at least 2,600 gas. Also, look for math operations that could be simplified, such as using bit shifts instead of multiplication/division where possible. For example, a DEX router might perform a safety check on the path length in a loop, which could be done once outside the loop. Analyze the decoded input to see if arguments like amountOutMin are unnecessarily high, causing failed transactions and wasted gas.

• Sub-step 1: Review the verified source code of the DEX contract (e.g., Uniswap V2 Router on GitHub).
• Sub-step 2: Trace the execution path of your decoded function, noting any loops or repeated external calls.
• Sub-step 3: Check if the function uses require statements with complex string error messages, which increase deployment and runtime costs.

Tip: Consider using a static analysis tool like Slither or MythX to automatically flag common gas-wasting patterns in the contract code.

Detailed Instructions

Based on your analysis, propose specific optimizations. For storage reads, suggest caching a value in a memory variable after the first SLOAD. For example, instead of reading reserve0 twice, store it as uint256 _reserve0 = reserve0. For external calls, batch them or check allowances only when necessary. If the path is fixed for a common trade, consider hardcoding it to avoid loop overhead. Use a gas estimation tool to test changes. You can simulate the transaction with eth_call using a node or a tool like Hardhat's network fork, modifying the contract logic locally.

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// Example: Caching a storage variable in memory
function optimizedSwap(...) external {
    uint256 _reserve0 = reserve0; // Single SLOAD, cached
    uint256 _reserve1 = reserve1;
    // Use _reserve0 and _reserve1 for all calculations
    // ...
    reserve0 = _reserve0; // Update storage once at end if needed
}

• Sub-step 1: Write a modified version of the target function with your optimizations in a local Solidity file.
• Sub-step 2: Use Hardhat or Foundry to fork the mainnet at the transaction block and deploy your modified contract.
• Sub-step 3: Simulate the exact transaction with the same parameters and compare the gas used via gasUsed in the transaction receipt.

Tip: Foundry's forge snapshot command is excellent for quick gas comparisons. Aim for reductions in the 1,000-10,000 gas range per optimization, as these add up significantly.