As part of the much-anticipated Uniswap
To qualify for the maximum payout, participants must identify vulnerabilities in the Uniswap v4 core contracts code that require a code revision.
Lesser findings will still be rewarded, with payouts for “high” severity issues reaching up to $1 million, “medium” risks earning $100,000, and lower-level discoveries handled on a case-by-case basis. Yet, identifying a "critical" exploit could secure $15.5 million.
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A statement from Uniswap Labs on X highlighted the scale of the effort:
Introducing the largest bug bounty in history. We're rewarding up to $15.5M to anyone that finds a critical vulnerability in v4 core contracts. Find a critical bug, become a millionaire.
Though Uniswap has described this as the largest bug bounty in history, comparisons have been drawn to other high-profile payouts.
For instance, the cybersecurity platform Immunefi allocated a $14.82 million bounty in 2021, one of the largest payments for a single vulnerability at the time. If Uniswap's top reward were claimed as a sum, it would indeed surpass Immunefi’s record.
The initiative builds on Uniswap’s earlier security efforts. During a $2.35 million security competition for v4 prior to its official release, over 500 researchers participated, but no significant vulnerabilities were uncovered.
This new $15.5 million program reflects a commitment to ensuring the robustness of v4, which plays a critical role in the platform’s ecosystem.
The scope of the bounty extends beyond the core contracts. It includes assessments of related components such as additional contracts, backend infrastructure, websites, and wallet codes linked to Uniswap v4.
Uniswap's bug bounty program isn’t the only development stirring excitement in the DeFi space. Ronin has just launched Katana DEX v3, bringing a fresh approach to rewards and liquidity pools. What changes are in store for users? Read the full story.
