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Orca

Orca is one of the first general-purpose AMMs launched on Solana. Users can swap assets, provide liquidity, and earn yield through an easy-to-use interface. Orca has created custom smart contracts for its concentrated liquidity product, Whirlpools. In traditional AMM liquidity pools, a user provides liquidity across the entire continuous price curve.

Solana
Defi
AMM
Crosschain Liquidity
Rust
Maximum Bounty
$500,000
Live Since
19 May 2022
Last Updated
18 September 2023
  • PoC required

Submit a Bug

Rewards by Threat Level

Smart Contract
Critical
Up to USD $500,000
High
USD $50,000
Medium
USD $10,000

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 known issues previously highlighted in the following audits are considered as out of scope:

Rewards for critical smart contract vulnerabilities can be further capped at 10% of economic damage, with the main consideration being the funds affected in addition to PR and brand considerations, at the discretion of the team. However, there is a minimum reward of USD 100 000 for Critical smart contract bug reports.

Payouts are handled by the Orca team directly and are denominated in USD. Payouts of up to USD 250 000 are done in ORCA or USDC (SPL Version) at the discretion of the team. Payouts above USD 250 000 will be done in ORCA and will be vested monthly over a 12-month period.

Program Overview

Orca is one of the first general-purpose AMMs launched on Solana. Users can swap assets, provide liquidity, and earn yield through an easy-to-use interface. Orca has created custom smart contracts for its concentrated liquidity product, Whirlpools. In traditional AMM liquidity pools, a user provides liquidity across the entire continuous price curve. With Whirlpools, each user can specify the price range where they will provide liquidity.

For more information on Orca, please visit https://orca.so/ or Orca’s Twitter.

KYC not required

No KYC information is required for payout processing.

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.