This grant funds a fully managed bug bounty program for Hydro, leveraging Immunefi’s network of over 45,000 security researchers to identify and mitigate vulnerabilities in Hydro’s smart contracts and applications. The program includes 24/7 monitoring, report handling, and mitigation reviews, ensuring robust security for Hydro’s liquidity platform.
Robust Bug Bounty Program for Hydro by Immunefi
About Immunefi
Immunefi was founded in December 2020 and is the leading provider of crowdsourced security in crypto focused on bug bounty programs inviteonly audits and audit competitions of all sizes across various ecosystems and product types from L1s and L2s to DeFi protocols and DePin projects. The latest testament to Immunefis crowdsourced security leadership is that it was chosen as the first provider of such services to the Ethereum Foundation launching the largest audit competition as of November 2024. Immunefi actively secures 355 projects with programs ranging from 20k to 15M in rewards protecting 185B USD in user funds. This is an order of magnitude above the second largest bounty platform and represents over 85% of all user funds protected by crowdsourced security in Web3.