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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
18 November 2024
  • PoC required

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Assets in Scope

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

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

Protocol insolvency

Severity
High
Title

Theft of unclaimed yield

Severity
High
Title

Permanent freezing of unclaimed yield

Severity
High
Title

Temporary freezing of funds (for at least 24 hours)

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)

Severity
Medium
Title

Theft of gas

Severity
Medium
Title

Unbounded gas consumption

Out of scope

Program's Out of Scope information
  • Best practice critiques
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
$50k -$250k
High
$10k
Medium
$5k
Total Assets in Scope
67
Total Impacts in Scope
11