Kamino DeFi Launches Massive $1.5M Bug Bounty on Solana
Solana-based Kamino partners with ImmuneFi to bolster security with a record-breaking bug bounty program, offering up to $1.5 million for critical vulnerabilities.
Kamino Beefs Up Security with Huge Bug Bounty
Kamino, a leading DeFi platform on Solana, is taking its security seriously. They've teamed up with ImmuneFi to launch a bug bounty program with rewards reaching a staggering $1.5 million. This initiative aims to identify and eliminate potential vulnerabilities within Kamino's smart contracts, websites, and applications.
The program is structured to reward security researchers based on the severity of the discovered bugs. Smart contract vulnerabilities are categorized as critical, high, or medium, with corresponding bounties:
- Critical: Up to $1.5 million (minimum $150,000) - 10% of funds at risk
- High: Up to $100,000
- Medium: $10,000
Website and application bugs also qualify for substantial rewards:
- Critical: Up to $50,000
- High: Up to $10,000
Kamino's commitment to security is evident in its prior efforts, including three years of self-hosted bug bounties, open-source code, numerous audits, and verifiable on-chain builds.
ImmuneFi brings significant expertise to the table, having protected over $190 billion in user funds and awarding over $120 million in bounties.
Key Takeaways
- Kamino is prioritizing security by offering substantial rewards for bug discoveries.
- The program utilizes a structured approach with clear payout tiers based on severity.
- This partnership leverages ImmuneFi's extensive security expertise to enhance Kamino's platform resilience.
The Bigger Picture: DeFi Security in 2025
DeFi exploits remain a significant concern. While bug bounties like Kamino's help, the industry continues to face challenges. Reports indicate numerous exploits throughout 2025, highlighting the ongoing need for proactive security measures.
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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