1inch expands its bug bounty program, with rewards up to 500,000 USD

1inch has just launched an upgraded bug bounty program with a maximum reward of 500,000 USD, covering five key areas of the platform: smart contract, wallet, dApp, developer portal, and infrastructure.

This new initiative aims to enhance security for the DeFi ecosystem as potential vulnerabilities become increasingly sophisticated. 1inch calls on the white hat hacker community to participate in testing and discovering vulnerabilities, thereby helping to proactively strengthen the system.

The specific reward levels include:

• Smart contract: maximum 500,000 USD
• 1inch Wallet: up to 100,000 USD
• Developer portal: up to 100,000 USD
• dApp: up to 50,000 USD
• Infrastructure: up to 20,000 USD

Co-founder Sergej Kunz emphasized: "We are ready to reward anyone who finds vulnerabilities – rather than pay the price for being attacked."

1inch currently serves over 23 million users with a daily trading volume of over 1 billion USD, providing a variety of DeFi tools such as a self-custody wallet, portfolio manager, and crypto debit card.