Uniswap (UNI), a major decentralized finance (DeFi) protocol, has launched a record-breaking $15.5 million bug bounty program for its Uniswap v4 core contracts. The goal is to improve security and attract developers globally. Uniswap v4 is a significant upgrade, offering a developer platform with new market structures and expanded asset options due to “hooks.” These hooks enable developers to customize pool, swap, fee, and liquidity provider position interactions.
Additionally, Uniswap v4 reduces costs, with pool creation expected to be 99.99% cheaper and multi-hop swaps more cost-effective. The codebase has already undergone nine independent audits and a $2.35 million security competition that found no critical vulnerabilities. However, the bug bounty program aims to further ensure v4’s security before deployment.
Participants must submit vulnerability reports directly to the v4 Bug Bounty Page on Cantina within 24 hours. Confidentiality is required until the issue is resolved, and unique vulnerabilities leading to code changes can earn public recognition for reporters.
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<p>The post Uniswap Launches Record-Breaking $15.5M Bug Bounty Program for Uniswap v4 Core Contracts first appeared on CoinBuzzFeed.</p>
