1inch rolls out expanded bug bounties with rewards up to $500K

• Five dedicated bug bounty programs upgraded across 1inch core components, including smart contracts, wallet and infrastructure.
• A community-first approach to strengthening DeFi security and resilience.

1inch, the leading DeFi aggregator, has launched an upgraded bug bounty initiative, covering five key areas of its platform, with rewards of up to $500,000. Through this initiative 1inch demonstrates its commitment to maintaining the highest level of security across its smart contracts, wallet, dApp, developer tools and infrastructure.

As DeFi continues to mature, so does the interdependence and complexity of its protocols – as well as the potential for vulnerabilities that are yet to be discovered. From smart contract exploits to infrastructure-level weaknesses, projects must contend with an ever-widening attack surface. By leveraging the efforts of the global white-hat hacker and security researcher community, 1inch aims to strengthen its architecture and encourage responsible disclosure.

Community-Driven Security at Scale

Each of the following bounty programs has a clearly defined scope and multi-tiered rewards to encourage maximum participation and impact:

Bug bounty program 1: 1inch smart contracts – rewards of up to $500,000

The 1inch ecosystem is built on interconnected smart contracts that aggregate liquidity from various decentralized exchanges to execute optimal token swaps. A detailed explanation of the program and rewards is available here.

Bug bounty program 2: 1inch Wallet – rewards of up to $100,000

This bounty program is centered on possible vulnerabilities in 1inch Wallet, a multi-chain non-custodial DeFi crypto wallet with an easy interface for secure storage and transactions. A detailed explanation of the program and rewards is available here.

Bug bounty program 3: 1inch Developer Portal – rewards of up to $100,000

The focus of this bounty program is the 1inch Developer Portal, a Web3 cloud SaaS (software as a service) platform featuring multiple APIs. A detailed explanation of the program and rewards is available here.

Bug bounty program 4: 1inch dApp – rewards of up to $50,000

The 1inch dApp is the No. 1 DeFi aggregator, offering access to the deepest liquidity and the best token swap rates on various DEXes. Its unique features include partial fill and the ability to find the best swap paths across multiple liquidity sources. A detailed explanation of the program and rewards is available here.

Bug bounty program 5: 1inch infrastructure – rewards of up to $20,000

This program focuses on identifying vulnerabilities that impact the 1inch platform’s overall infrastructure, complementing product-specific programs that are described above. A detailed explanation of the program and rewards is available here.

Sergej Kunz, Co-founder of 1inch, said “Through our new bug bounty programs, we invite external experts and white-hats to test the strength of our defenses. Even the most skilled in-house security teams, such as ours, can benefit from fresh perspectives. Better to pay bounties than pay for breaches.”

About 1inch

1inch accelerates decentralized finance with a seamless crypto trading experience for 23M users. Beyond being the top platform for low-cost, efficient token swaps with $1B in daily trades, 1inch offers a range of innovative tools, including a secure self-custodial wallet, a portfolio tracker for managing digital assets, a developer portal to build on its cutting-edge technology, and even a debit card for easy crypto spending. By continuously innovating, 1inch is simplifying DeFi for everyone. 

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