24 September 2021
Live since
No
KYC required
$1,000,000
Maximum bounty

Program Overview

The Tracer protocol is a DAO governed network of open-source financial smart contracts that enables people to manage financial risk. The protocol itself is a low cost vehicle that can be used to unlock new digital and real-world markets.

For more information about Tracer, please visit https://tracer.finance/.
This bug bounty program is focused on their smart contracts and is focused on preventing:

  • Loss of user funds
  • Deadlocking of system (minting and burning gets blocked)
  • Contract fails to deliver promised returns, but doesn't lose value

Rewards by Threat Level

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

Critical and High smart contract bug reports must come with a PoC in order to be considered for a reward.

Critical smart contract vulnerabilities are paid at 10% of economic damage, primarily based on funds at risk. The team may, at its discretion, take into consideration other aspects such as PR and branding effects. However, there is a minimum reward of USD 100 000.

Bug reports involving vulnerabilities highlighted in this audit are not eligible for a reward as they are a known issue.

Payouts are handled by the Tracer team directly and are denominated in USD. However, payouts are done in a mix of TCR and stablecoins, at the discretion of the Tracer team.

Smart Contracts and Blockchain

Critical
Level
Up to USD $1,000,000
Payout
high
Level
USD $50,000
Payout
medium
Level
USD $10,000
Payout
low
Level
USD $1,000
Payout

Assets in Scope

All smart contracts of Tracer can be found at https://github.com/mycelium-ethereum/perpetual-pools-contracts. However, only those in the Assets in Scope table are considered as in-scope of the bug bounty program.

For additional reference, the following smart contracts can be found at the following contract addresses:

3-ETH/USD PoolCommitter - https://arbiscan.io/address/0x72c4e7Aa6c743DA4e690Fa7FA66904BC3f2C9C04

3-ETH/USD Short pool token - https://arbiscan.io/address/0x7d7E4f49a29dDA8b1eCDcf8a8bc85EdcB234E997

3-ETH/USD Long pool token - https://arbiscan.io/address/0xaA846004Dc01b532B63FEaa0b7A0cB0990f19ED9

3-ETH/USD Deploy PoolKeeper - https://arbiscan.io/address/0x759E817F0C40B11C775d1071d466B5ff5c6ce28e

3-ETH/USD Deployed LeveragedPool - https://arbiscan.io/address/0x54114e9e1eEf979070091186D7102805819e916B

1-ETH/USD PoolCommitter - https://arbiscan.io/address/0x047Cd47925C2390ce26dDeB302b8b165d246d450

1-ETH/USD Short pool token - https://arbiscan.io/address/0xf581571DBcCeD3A59AaaCbf90448E7B3E1704dcD

1-ETH/USD Long pool token - https://arbiscan.io/address/0x38c0a5443c7427e65A9Bf15AE746a28BB9a052cc

1-ETH/USD Deploy PoolKeeper - https://arbiscan.io/address/0x759E817F0C40B11C775d1071d466B5ff5c6ce28e

1-ETH/USD Deployed LeveragedPool - https://arbiscan.io/address/0x3A52aD74006D927e3471746D4EAC73c9366974Ee

3-BTC/USD PoolCommitter - https://arbiscan.io/address/0xFDE5D7B7596AF6aC5df7C56d76E14518A9F578dF

3-BTC/USD Short pool token - https://arbiscan.io/address/0x85700dC0bfD128DD0e7B9eD38496A60baC698fc8

3-BTC/USD Long pool token - https://arbiscan.io/address/0x05A131B3Cd23Be0b4F7B274B3d237E73650e543d

3-BTC/USD Deploy PoolKeeper - https://arbiscan.io/address/0x759E817F0C40B11C775d1071d466B5ff5c6ce28e

3-BTC/USD Deployed LeveragedPool - https://arbiscan.io/address/0x70988060e1FD9bbD795CA097A09eA1539896Ff5D

1-BTC/USD Long pool token - https://arbiscan.io/address/0x539Bf88D729B65F8eC25896cFc7a5f44bbf1816b

1-BTC/USD Long pool token - https://arbiscan.io/address/0x052814194f459aF30EdB6a506eABFc85a4D99501

1-BTC/USD Long pool token - https://arbiscan.io/address/0x1616bF7bbd60E57f961E83A602B6b9Abb6E6CAFc

1-BTC/USD Deploy PoolKeeper - https://arbiscan.io/address/0x759E817F0C40B11C775d1071d466B5ff5c6ce28e

1-BTC/USD Deployed LeveragedPool - https://arbiscan.io/address/0x146808f54DB24Be2902CA9f595AD8f27f56B2E76

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 Contracts

  • Loss of user funds
  • Deadlocking of system (minting and burning gets blocked)
  • Contract fails to deliver promised returns, but doesn't lose value
Smart Contract - Multisig
Type
Smart Contract - USDC
Type
Smart Contract - Tracer Token
Type
Smart Contract - Deployed OracleWrapper
Type
Smart Contract - Keeper oracle
Type
Smart Contract - 1-BTC/USD Deployed PoolFactory
Type
Smart Contract - 1-BTC/USD Deployed LeveragedPool
Type
Smart Contract - 1-BTC/USD Deploy PoolKeeper
Type
Smart Contract - 1-BTC/USD Long pool token
Type
Smart Contract - 1-BTC/USD Long pool token
Type
Smart Contract - 1-BTC/USD Long pool token
Type
Smart Contract - 3-BTC/USD Deployed PoolFactory
Type
Smart Contract - 3-BTC/USD Deployed LeveragedPool
Type
Smart Contract - 3-BTC/USD Deploy PoolKeeper
Type
Smart Contract - 3-BTC/USD Long pool token
Type
Smart Contract - 3-BTC/USD Short pool token
Type
Smart Contract - 3-BTC/USD PoolCommitter
Type
Smart Contract - 1-ETH/USD Deployed PoolFactory
Type
Smart Contract - 1-ETH/USD Deployed LeveragedPool
Type
Smart Contract - 1-ETH/USD Deploy PoolKeeper
Type
Smart Contract - 1-ETH/USD Long pool token
Type
Smart Contract - 1-ETH/USD Short pool token
Type
Smart Contract - 1-ETH/USD PoolCommitter
Type
Smart Contract - 3-ETH/USD Deployed PoolFactory
Type
Smart Contract - 3-ETH/USD Deployed LeveragedPoo
Type
Smart Contract - 3-ETH/USD Deploy PoolKeeper
Type
Smart Contract - 3-ETH/USD Long pool token
Type
Smart Contract - 3-ETH/USD Short pool token
Type
Smart Contract - 3-ETH/USD PoolCommitter
Type
Smart Contract - 1-BTC/USD Long Staking farm address
Type
Smart Contract - 1-BTC/USD Short Staking farm address
Type
Smart Contract - 3-BTC/USD Long Staking farm address
Type
Smart Contract - 3-BTC/USD Short Staking farm address
Type
Smart Contract - 1-ETH/USD Long Staking farm address
Type
Smart Contract - 1-ETH/USD Short Staking farm address
Type
Smart Contract - 3-ETH/USD Long Staking farm address
Type
Smart Contract - ​​3-ETH/USD Short Staking farm address
Type

Prioritized Vulnerabilities

We are especially interested in receiving and rewarding vulnerabilities of the following types:

Smart Contracts and Blockchain

  • Re-entrancy
  • Logic errors
    • including user authentication errors
  • Solidity/EVM details not considered
    • including integer over-/under-flow
    • including rounding errors
    • including unhandled exceptions
  • Trusting trust/dependency vulnerabilities
    • including composability vulnerabilities
  • Oracle failure/manipulation
  • Novel governance attacks
  • Economic/financial attacks
    • including flash loan attacks
  • Congestion and scalability
    • including running out of gas
    • including block stuffing
    • including susceptibility to frontrunning
  • Consensus failures
  • Cryptography problems
    • Signature malleability
    • Susceptibility to replay attacks
    • Weak randomness
    • Weak encryption
  • Susceptibility to block timestamp manipulation
  • Missing access controls / unprotected internal or debugging interfaces
  • Contract DOS attacks on the minting and burning system

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

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