07 June 2022
Live since
No
KYC required
$2,000
Maximum bounty

Program Overview

Qilin Protocol is dedicated to enabling fully decentralized derivatives trading that offers key features and functionality commonly available in a centralized marketplace.

From its conception in 2020, Qilin's vision has been to design a fully decentralized derivatives trading protocol that offers on-chain derivatives traders the user-friendly features of a centralized marketplace, while also providing opportunities and incentives for traders and liquidity providers that are not available via centralized exchanges (CEX). Qilin's unique re-engineered marketplace design makes this possible.

For more information about Qilin, please visit https://qilin.fi/.

Rewards by Threat Level

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.1. This is a simplified 5-level scale, with separate scales for websites/apps, smart contracts, and blockchains/DLTs, focusing on the impact of the vulnerability reported.

Issues previously highlighted in the following audit report are considered out of scope of this program:

Payouts are handled by the Qilin team directly and are denominated in USD. However, payouts are done in USDC.

Smart Contract

Critical
Level
USD $2,000
Payout
High
Level
USD $1,000
Payout

Assets in scope

All smart contracts of Qilin can be found at https://github.com/CodexDao/qilin-v2. However, only those in the Assets in Scope table are considered as in-scope of the bug bounty program.

Impacts in scope

Only the following impacts are accepted within this bug bounty program. All other impacts are not considered as in-scope, even if they affect something in the assets in scope table.

Smart Contract

  • Any governance voting result manipulation
    Critical
    Impact
  • Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield
    Critical
    Impact
  • Permanent freezing of funds
    Critical
    Impact
  • Protocol Insolvency
    Critical
    Impact
  • Theft of unclaimed yield
    High
    Impact
  • Permanent freezing of unclaimed yield
    High
    Impact
  • Temporary freezing of funds for at least 1 hour
    High
    Impact

Out of Scope & Rules

The following vulnerabilities are excluded from the rewards for this bug bounty program:

  • Attacks that the reporter has already exploited themselves, leading to damage
  • Attacks requiring access to leaked keys/credentials
  • Attacks requiring access to privileged addresses (governance, strategist)

Smart Contracts and Blockchain

  • Incorrect data supplied by third party oracles
    • Not to exclude oracle manipulation/flash loan attacks
  • Basic economic governance attacks (e.g. 51% attack)
  • Lack of liquidity
  • Best practice critiques
  • Sybil attacks
  • Centralization risks

The following activities are prohibited by this bug bounty program:

  • Any testing with mainnet or public testnet contracts; all testing should be done on private testnets
  • 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
  • Automated testing of services that generates significant amounts of traffic
  • Public disclosure of an unpatched vulnerability in an embargoed bounty