Kamino Boosts Solana Security with $1.5M Bug Bounty
DeFi platform Kamino partners with ImmuneFi to launch Solana's largest bug bounty program, aiming to fortify security and protect user funds.
Kamino Launches Massive Bug Bounty on Solana
Kamino, a leading DeFi platform built on Solana, is taking its security measures to the next level. In a recent announcement, they unveiled a substantial bug bounty program in collaboration with ImmuneFi, a well-known cybersecurity platform for crypto projects.
This initiative aims to attract security researchers to identify and report vulnerabilities within Kamino's smart contracts and web applications. The rewards are structured according to the severity of the identified bug, with critical vulnerabilities potentially earning up to $1.5 million.
Bounty Structure
The bug bounty program focuses on two main areas:
- Smart Contracts: These offer the highest rewards, categorized by threat level:
- Critical: Up to $1.5 million (minimum $150,000).
- High: Up to $100,000.
- Medium: $10,000.
- Websites and Applications: Rewards are also tiered:
- Critical: Up to $50,000.
- High: Up to $10,000.
Prioritizing Security
Kamino emphasizes its commitment to security, highlighting its open-source code, numerous previous audits (over 18), and verifiable on-chain builds. This partnership with ImmuneFi further strengthens their security posture by leveraging a broad network of security experts.
The Importance of Bug Bounties
In the wake of numerous DeFi exploits, bug bounty programs have become increasingly crucial. ImmuneFi reports preventing over $190 billion in user fund losses and has paid out more than $120 million in rewards, revealing vulnerabilities missed by traditional audits. In 2025 alone, DeFi faced over 144 exploits, highlighting the persistent need for proactive security measures. While Q3 2025 saw a drop in overall losses from crypto hacks, September experienced a surge in million-dollar incidents, underlining the ongoing risks.
Key Takeaways
- Kamino launches a $1.5 million bug bounty program on Solana with ImmuneFi.
- The program covers smart contracts and web applications.
- Rewards are tiered based on the severity of the vulnerability.
- This initiative underscores Kamino's commitment to security in the DeFi space.
Investment Considerations
As always, investors should consider their risk tolerance and investment timeline before making allocation decisions. Bitcoin remains a volatile asset despite increasing institutional adoption.
This article is for informational purposes only and should not be considered investment advice. Always consult with a qualified financial advisor.
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