Flare FAssets-logo

Flare FAssets

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Flare is the blockchain for data. It is a layer-1, EVM smart contract platform designed to expand the utility of blockchain by delivering data certainty for dApp builders.

FAssets is a trustless, over-collateralized bridge built on Flare that connects non smart contract networks to Flare/Songbird. It enables the creation of wrapped tokens (FAssets) for assets like BTC, DOGE and XRP.

Defi
Bridge
Solidity
Typescript
Maximum Bounty
$250,000
Live Since
01 October 2025
Last Updated
22 October 2025
  • Triaged by Immunefi

  • PoC Required

Select the category you'd like to explore

Assets in Scope

Target
Type
Blockchain/DLT - Bots
Added on
16 October 2025
Target
Type
Smart Contract - FAssets
Added on
9 October 2025

Impacts in Scope

  • Impacts achieved with frontrunning attacks will have severity lowered by one level.
  • Impacts requiring malicious agent actions will have severity lowered by one level.
  • Theft, freezing or loss of dust amounts of funds below the value of $1000 will be considered as griefing.
  • Loss of funds caused by penalisation is not considered as theft of funds.
Severity
Critical
Title

Protocol insolvency

Severity
Critical
Title

Ability to exfiltrate agent bot’s private keys

Severity
Critical
Title

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

Severity
Critical
Title

Unauthorized minting of FAssets or collateral tokens

Severity
High
Title

Temporary freezing of funds

Severity
High
Title

Theft of unclaimed yield

Severity
High
Title

Stealing funds from any FAsset bot

Severity
High
Title

Bot fails to deliver expected functionality, leading to loss of funds (e.g. by entering full liquidation or defaulting redemptions)

Severity
High
Title

Unauthorized freezing of unclaimed yield

Severity
High
Title

Manipulation of redemption or minting processes, causing users to receive incorrect amounts

Severity
Medium
Title

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

Severity
Medium
Title

Bot fails to deliver expected functionality, no funds at risk

Out of scope

Program's Out of Scope information

The FAssets system is able to support wrapped tokens for XRP, BTC and DOGE. However, the initial deployment will only have XRP (FXRP) enabled. Any attacks related to FBTC, FDOGE, or UTXO-based logic in general, are out of scope.

Default Out of Scope and rules

Blockchain/DLT 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