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Drift Protocol

Drift Protocol is a decentralized, fully on-chain perpetual swap exchange built on Solana. Drift Protocol also is the first perpetual swap exchange to leverage a Dynamic AMM. A Dynamic AMM is based on a virtual AMM (vAMM), but its key innovative is that it introduces repegging and adjustable k mechanisms to recalibrate liquidity in a trading pool based on participant demand.

Solana
Defi
AMM
DEX
Lending
Perpetuals
Rust
Maximum Bounty
$500,000
Live Since
15 February 2022
Last Updated
14 November 2024
  • PoC required

Select the category you'd like to explore

Assets in Scope

Target
Type
Smart Contract - Clearinghouse
Added on
4 April 2022

Impacts in Scope

Severity
Critical
Title

Any governance voting result manipulation

Severity
Critical
Title

Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield

Severity
Critical
Title

Permanent freezing of funds

Severity
Critical
Title

Miner-extractable value (MEV)

Severity
Critical
Title

Protocol insolvency

Severity
Critical
Title

Oracle failure/manipulation

Severity
High
Title

Theft of unclaimed yield

Severity
High
Title

Permanent freezing of unclaimed yield

Severity
High
Title

Temporary freezing of funds

Severity
Medium
Title

Smart contract unable to operate due to lack of token funds

Severity
Medium
Title

Block stuffing for profit

Severity
Medium
Title

Griefing (e.g. no profit motive for an attacker, but damage to the users or the protocol)

Out of scope

Default Out of Scope and rules

Smart Contract specific

  • Incorrect data supplied by third party oracles
    • Not to exclude oracle manipulation/flash loan attacks
  • Impacts requiring basic economic and governance attacks (e.g. 51% attack)
  • Lack of liquidity impacts
  • Impacts from Sybil attacks
  • Impacts involving centralization risks

All categories

  • Impacts requiring attacks that the reporter has already exploited themselves, leading to damage
  • Impacts caused by attacks requiring access to leaked keys/credentials
  • Impacts caused by attacks requiring access to privileged addresses (including, but not limited to: governance and strategist contracts) without additional modifications to the privileges attributed
  • Impacts relying on attacks involving the depegging of an external stablecoin where the attacker does not directly cause the depegging due to a bug in code
  • Mentions of secrets, access tokens, API keys, private keys, etc. in Github will be considered out of scope without proof that they are in-use in production
  • Best practice recommendations
  • Feature requests
  • Impacts on test files and configuration files unless stated otherwise in the bug bounty program
  • Impacts requiring phishing or other social engineering attacks against project's employees and/or customers
Severity
Min. - Max.
Critical
$500k
High
$50k
Medium
$25k
Low
$5k
Total Assets in Scope
1
Total Impacts in Scope
15