Uniswap Commits $15.5M to Bug Bounty Program for Vulnerability Fixes

Uniswap is taking security to the next level with a $15.5 million bug bounty program. This initiative aims to find and fix any vulnerabilities in the latest Uniswap v4 protocol before launch. The bounty, the largest in crypto history, invites ethical hackers to spot critical issues.

Setting a New Standard for Security

Uniswap v4 introduces new features like improved customization and efficiency. As the platform continues to grow, ensuring its security remains a priority. The $15.5 million reward will focus on uncovering flaws in the core contracts. 

With billions of dollars flowing through Uniswap daily. This initiative follows nine independent audits and a $2.35 million security contest. These steps confirmed no major issues, but Uniswap is going even further with this bounty. 

Hayden Adams, CEO of Uniswap Labs, said, “We’re reaffirming our commitment to a secure, reliable infrastructure for developers and users.” This large bounty strengthens Uniswap’s position in the competitive DeFi space.

How the Bug Bounty Program Works

The reward focuses on Uniswap v4’s core contracts, not third-party integrations. White hat hackers can earn up to $15.5 million for finding critical bugs. For less severe issues, rewards will range from $100,000 to $1 million.

The platform emphasizes that vulnerabilities must be reported within 24 hours and kept confidential until resolved. This ensures transparency and trust in the process. Uniswap hopes this move will set a new security standard for the entire DeFi industry.

With this bold step, Uniswap is encouraging more developers to engage with the platform. Security remains a top priority, fostering growth and confidence in the decentralized finance ecosystem.