“Don’t Trust, Verify” has never been more relevant in DeFi. With smart contracts growing increasingly complex and billions in assets secured on-chain, the question arises: what role do bug bounty programs play in safeguarding against vulnerabilities? We analyzed the landscape of @Aave listed assets 👇 Bug bounty programs incentivize independent researchers to discover vulnerabilities by offering financial rewards. Long established in Web2, this model is now an essential layer in Web3 security, addressing the unique risks of smart contracts—especially the potential loss of user funds. Rewards scale by severity, with the highest-impact bugs earning maximum payouts. Our report reviewed Aave V3 markets and focused on assets with at least $5M in total value supplied (TVS). Each asset was evaluated based on whether it was: • Explicitly included in a bug bounty scope, • Implicitly covered by protocol-wide policies, or • Without any verifiable coverage. Where coverage could not be...
4.67K
19
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.