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Crack the Code, Claim $15.5 Million: Uniswap’s Largest Bug Bounty Program Is On

Key Takeaways

  • Uniswap v4's $15.5 million bug bounty offers the largest payout in history for critical vulnerabilities in core contracts;
  • The program incentivizes all levels of findings, with rewards up to $1 million for high-severity and $100,000 for medium-risk issues;
  • Beyond core contracts, the bounty covers websites, wallets, and backend systems, ensuring v4's comprehensive security.
Crack the Code, Claim $15.5 Million: Uniswap’s Largest Bug Bounty Program Is On

As part of the much-anticipated Uniswap $501.08M v4 release, Uniswap Labs has introduced a bug bounty program, offering $15.5 million for critical vulnerability discoveries.

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.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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