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Pendle

Pendle is the first protocol that enables the trading of tokenized future yield on an AMM system. The project aims to give holders of yield-generating assets the opportunity to generate additional yield and to lock in future yield upfront, while offering traders direct exposure to future yield streams, without the need for an underlying collateral.

Arbitrum
BSC
ETH
Optimism
Defi
AMM
Derivatives
Solidity
Maximum Bounty
$250,000
Live Since
16 June 2021
Last Updated
08 April 2024
  • PoC required

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Assets in Scope

Target
Type
Added on
Smart Contract - ActionCallback
2 January 2024
Target
Type
Added on
Smart Contract - ActionMisc
2 January 2024
Target
Type
Added on
Smart Contract - ActionSwapYt
2 January 2024
Target
Type
Added on
Smart Contract - ActionSwapPt
2 January 2024
Target
Type
Added on
Smart Contract - LimitRouter
2 January 2024
Target
Type
Added on
Smart Contract - GaugeController
2 January 2024
Target
Type
Added on
Smart Contract - VePendle
2 January 2024
Target
Type
Added on
Smart Contract - ReceiverEndpoint
2 January 2024
Target
Type
Added on
Smart Contract - MarketFactoryV3
2 January 2024
Target
Type
Added on
Smart Contract - YieldContractFactoryV3
2 January 2024
Target
Type
Added on
Smart Contract - PtOracle
2 January 2024
Target
Type
Added on
Smart Contract - PendleSwap
2 January 2024

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.

Critical
Direct theft of any user funds, whether at-rest or in-motion, other than unclaimed yield
Critical
Permanent freezing of funds
Critical
Protocol Insolvency
High
Theft of unclaimed yield
High
Permanent freezing of unclaimed yield
High
Temporary freezing of funds (for at least 24 hours)
Medium
Smart contract unable to operate due to lack of token funds
Medium
Block stuffing for profit
Medium
Griefing (e.g. no profit motive for an attacker, but damage to the users or the protocol)
Medium
Theft of gas
Medium
Unbounded gas consumption

Out of scope

Program's Out of Scope information

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)
  • 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
  • Centralization risks

The following activities are prohibited by 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