According to PANews on November 26, Uniswap Labs announced the launch of a bug bounty program with a total amount of up to $15.5 million, the largest bug bounty program in history, aimed at discovering and fixing critical vulnerabilities in the core contracts of Uniswap v4. Uniswap v4 is the latest iteration of the Uniswap protocol, introducing 'hooks' functionality that allows developers to customize pool interactions, trades, fees, and liquidity provider (LP) positions. This version aims to significantly reduce user costs, lowering pool creation fees by 99.99%, and optimizing the costs of multi-hop trades.
Uniswap v4 code has been independently audited by nine institutions, including OpenZeppelin and Trail of Bits, and has undergone multiple rounds of community security competitions, with no significant vulnerabilities found.