Lyra
Lyra V2 is a self-custodial protocol layer built to enable the trading of derivative products in a permissionless way.
PoC Required
Rewards
Rewards by Threat Level
Mainnet assets:
Reward amount is 10% of the funds directly affected up to a maximum of:
$50,000Minimum reward to discourage security researchers from withholding a bug report:
$5,000Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.2. This is a simplified 5-level scale, with separate scales for websites/apps and smart contracts/blockchains, encompassing everything from consequence of exploitation to privilege required to likelihood of a successful exploit.
All High and Critical Smart Contract bug reports require a PoC to be eligible for a reward. Explanations and statements are not accepted as PoC and code is required.
Critical smart contract vulnerabilities are capped at 10% of economic damage, primarily taking into consideration funds at risk, but also PR and branding aspects, at the discretion of the team. There is a maximum reward of USD 50 000, but more could be paid out at the discretion of the team.
Any vulnerability already disclosed in the audits that have been performed are not able to receive a reward.
Issues identified in previous audit reports may not be eligible for payout.
To be eligible for reward, impact from table below must be demonstrated where all thefts must be profitable and all freezing must be reasonably priced for the impact.
Payouts up to USD 50,000 are handled by the Lyra team directly and are denominated in USD. However, payouts are done in USDC or ETH, at the discretion of the team.
Program Overview
Lyra V2 is a self-custodial protocol layer built to enable the trading of derivative products in a permissionless way. The component of the Lyra V2 stack covered by this bug bounty program is the Lyra Protocol: A protocol that enables the margining and settlement of perpetuals, options and spot.
For more information about Lyra, please visit https://www.lyra.finance/.
KYC not required
No KYC information is required for payout processing.
Proof of Concept
Proof of concept is always required for all severities.
Prohibited Activities
- Any testing on mainnet or public testnet deployed code; all testing should be done on local-forks of either public testnet or mainnet
- Any testing with pricing oracles or third-party smart contracts
- Attempting phishing or other social engineering attacks against our employees and/or customers
- Any testing with third-party systems and applications (e.g. browser extensions) as well as websites (e.g. SSO providers, advertising networks)
- Any denial of service attacks that are executed against project assets
- Automated testing of services that generates significant amounts of traffic
- Public disclosure of an unpatched vulnerability in an embargoed bounty
- Any other actions prohibited by the Immunefi Rules
Feasibility Limitations
The project may be receiving reports that are valid (the bug and attack vector are real) and cite assets and impacts that are in scope, but there may be obstacles or barriers to executing the attack in the real world. In other words, there is a question about how feasible the attack really is. Conversely, there may also be mitigation measures that projects can take to prevent the impact of the bug, which are not feasible or would require unconventional action and hence, should not be used as reasons for downgrading a bug's severity.
Therefore, Immunefi has developed a set of feasibility limitation standards which by default states what security researchers, as well as projects, can or cannot cite when reviewing a bug report.