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Raydium

Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages a central limit order book to enable lightning-fast trades, shared liquidity and new features for earning yield.

Solana
Defi
AMM
Rust
Maximum Bounty
$505,000
Live Since
25 April 2023
Last Updated
26 October 2024
  • PoC required

Rewards

Raydium provides rewards in RAY, SOL, USDC on Solana, denominated in USD.

Rewards by Threat Level

Smart Contract
Critical
Max: $505,000Min: $50,000
Primacy of Rules
High
Flat: $40,000
Primacy of Rules
Medium
Flat: $5,000
Primacy of Rules

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.3. 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.

All bug reports must include a Proof of Concept (PoC) demonstrating how the vulnerability can be exploited to impact an asset-in-scope to be eligible for a reward. Critical and High severity bug reports should also include a suggestion for a fix. Explanations and statements are not accepted as PoC and code is required.

Rewards for critical smart contract bug reports will be further capped at 10% of direct funds at risk if the bug discovered is exploited. However, there is a minimum reward of USD 50 000.

The following vulnerabilities are not eligible for a reward:

  • For the CLMM contract, vulnerabilities marked in the Ottersec security review are not eligible for a reward. For the Hybrid AMM program, vulnerabilities marked in the Kudelski security review, Ottersec security review, and MadShield security review are not eligible for a reward.
  • The CLMM contract emits trading fee and farming yield tokens to LPs. If tokens from the vault or fees were drained by an attacker however, users would not be able to claim yield and transactions would fail. This is by design and not a vulnerability.

Payouts are handled by the Raydium team directly and are denominated in USD. However, payouts are done in RAY, SOL or USDC.

Program Overview

Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages a central limit order book to enable lightning-fast trades, shared liquidity and new features for earning yield.

For more information about Raydium, please visit https://raydium.io/.

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

Default 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.

Severity
Min. - Max.
Critical
$50k -$505k
High
$40k
Medium
$5k
Total paid

1.0M

Med. Resolution Time
3 days
Total Assets in Scope
74