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MetalSwap

MetalSwap is a decentralised platform that enables hedging swaps in financial markets with the aim of providing a hedge for commodity traders and an investment opportunity for those who contribute to the shared liquidity of the project.

BSC
ETH
Linea
Optimism
Polygon
Defi
Bridge
DEX
Derivatives
Liquid Staking
Solidity
Maximum Bounty
$20,000
Live Since
03 February 2023
Last Updated
08 April 2024
  • PoC required

  • KYC required

Rewards

MetalSwap provides rewards in USDT on Ethereum, Bitcoin, denominated in USD.

Rewards by Threat Level

Smart Contract
Critical
USD $20,000
High
USD $5,000

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System V2.2. 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 come with a PoC with an end-effect impacting an asset-in-scope in order to be considered for a reward. Explanations and statements are not accepted as PoC and code is required. All bug reports must also come with a suggestion for a fix in order to be considered for a reward.

Known issues highlighted in the following audits are considered out of scope of this program:

In addition, any attempt to hack, gain access to, replace, modify, damage or impersonate the frontend or server services included in the architecture of the MetalSwap project are considered out of scope of the program.

MetalSwap requires KYC to be done for all bug bounty hunters. Metalswap requires a signed document (Confirmation of tax disclosure) to receive Rewards. The following information is required in this document: Last Name, First Name, residential address, Country , Taxpayer Identification Number,and a ID/passport copy.

Payouts are handled by the MetalSwap team directly and are denominated in USD. However, payouts are done in USDT. This bug bounty program will have a hard cap of USDT 50 000. In the event that multiple bug reports are submitted that exceed this amount, the rewards will be provided on a first come first served basis.

Program Overview

MetalSwap is a decentralised platform that enables hedging swaps in financial markets with the aim of providing a hedge for commodity traders and an investment opportunity for those who contribute to the shared liquidity of the project.

For more information about MetalSwap please visit https://metalswap.finance/.

KYC required

The submission of KYC information is a requirement 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.