Manuscript submitted November 16, 10, 2025; accepted December 2, 2025; published January 27, 2026
Abstract—Smart contract vulnerabilities have resulted in billions of dollars in losses across Decentralized
Finance (DeFi) ecosystems. While recent work explores fine-tuned Large Language Models (LLMs) for
vulnerability detection, little research systematically examines prompt engineering strategies with
pre-trained models. This paper presents the first comprehensive empirical study comparing five
code-understanding LLMs (CodeLlama, CodeBERT, InCoder, DeepSeek-Coder, StarCoder) for smart contract
security analysis without fine-tuning. Through 15 experimental iterations testing different prompting
approaches across 21 vulnerability types using real DeFi exploit patterns, we discover a strong inverse
correlation between prompt complexity and detection success: simple prompts (200–400 characters)
achieve 100% response reliability while complex structured prompts (1500+ characters) result in
complete failure. Our multi-model comparison reveals dramatic architectural differences: CodeBERT and
InCoder achieve 92% accuracy but 0% recall (classifying everything as safe), while CodeLlama
demonstrates superior detection with 66.67% recall using few-shot learning. DeepSeek-Coder offers
optimal balance with 33.33% recall at 6.1 s inference time. These findings establish baseline performance
metrics for prompt-based approaches and provide practical deployment guidelines for security
practitioners.
keywords—Smart contracts, vulnerability detection, large language models, prompt engineering, DeFi
security
Cite: Aditya Shankar,"Empirical Analysis of Prompt Engineering Strategies for Smart Contract Vulnerability Detection: A Multi‐model Comparison," Journal of Advances in Artificial Intelligence, vol. 4, no. 1, pp. 1-10, 2026. doi: 10.18178/JAAI.2026.4.1.1-10
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