IDEX is a high-performance decentralized perpetual swaps exchange. It operates on XCHAIN, an IDEX specific Arbitrum Orbit layer 2. XCHAIN's performance supports gas free and nearly instant settlement of all IDEX transactions. Positions on IDEX are collateralized by USDC bridged into XCHAIN via Stargate's Hydra protocol.
For more information about IDEX please visit https://idex.io/
Status
Immunefi vault program
Rewards
Rewards by Threat Level
The following reward terms are a summary, for the full details read our IDEX Audit Competition Reward Terms
The reward pool will be entirely distributed among participants. The size depends on the bugs found: If no High or Critical severity bugs are found the reward pool will be $30,000 USD If one or more High or Critical severity bugs are found the reward pool will be $45,000 USD
For this audit competition, duplicates and private known issues are valid for a reward.
Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.3.
Reward Payment Terms
Payouts are handled by the IDEX team directly and are denominated in USD. However, payments are done in USDC
Rewards will be distributed all at once based on Immunefi’s distribution formula after the event has concluded and the final bug reports have been resolved.
IDEX’s up to date codebase can be found at https://github.com/idexio/idex-contracts-ikon/tree/901b1d30ce77f8704867546b500e3cee7c89c59b
Program Overview
IDEX is a high-performance decentralized perpetual swaps exchange. IDEX's hybrid design combines an off-chain order book, matching and liquidation engine with on-chain custody and settlement. This approach blends the speed and efficiency of traditional trading systems with the transparency and security of blockchain technology to create an unparalleled trading experience.
IDEX operates on XCHAIN, an IDEX specific Arbitrum Orbit layer 2. XCHAIN's performance supports gas free and nearly instant settlement of all IDEX transactions. Positions on IDEX are collateralized by USDC bridged into XCHAIN via Stargate's Hydra protocol.
For more information about IDEX please visit https://idex.io/
IDEX provides rewards in USDC, denominated in USD.
KYC not required
No KYC information is required for payout processing.
Proof of Concept
Proof of concept is always required for all severities.