Uniswap Labs Introduces $15.5 Million Bug Bounty Program for V4

Uniswap Labs Launches $15.5 Million Bug Bounty Program for V4

On November 26, 2023, Uniswap Labs announced an official bug bounty program for its latest version, Uniswap v4, with a whopping budget of $15.5 million. This initiative is designed to promote security by encouraging the responsible disclosure of vulnerabilities in the platform.

Purpose of the Bug Bounty Program

The primary objective of this bug bounty program is to enhance the security of Uniswap v4 by incentivizing developers and security researchers to identify potential vulnerabilities. Participants are required to submit their findings directly through the v4 Bug Bounty page on Cantina within 24 hours of discovery.

What Issues Are Excluded?

While the program offers substantial rewards, Uniswap Labs has outlined specific issues that fall outside the scope of the program:

• Vulnerabilities in third-party contracts not deployed by Uniswap Labs.
• Issues already addressed in contract audits found within the v4 repository.
• Vulnerabilities in third-party applications or contracts utilizing Uniswap Labs-deployed contracts.
• Problems identified in preceding internal reviews, competitions, and audits.

Security in DeFi

Security remains a paramount concern in the decentralized finance (DeFi) sector. With the rapid evolution of blockchain technologies and increasing complexities in smart contracts, initiatives like Uniswap's bug bounty program are essential in safeguarding user funds and maintaining trust in the ecosystem.

Participating in the Bug Bounty

Developers and researchers interested in participating in the bug bounty can access all the details, including eligibility criteria and submission processes, on the official Uniswap website and Cantina. This program not only rewards participants for their contributions but also plays a crucial role in fortifying the security of the Uniswap v4 platform.

For further details, you can check out the BlockBeats announcement.