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yelay.io

Yelay is permissionless and non-custodial middleware that allows banks, fintech, funds, exchanges, custodians, treasuries, launchpools and other builders to earn DeFi returns in a fully composable manner.

ETH
Defi
Asset Management
DAO
Yield Aggregator
Solidity
Maximum Bounty
$150,000
Live Since
01 July 2022
Last Updated
07 May 2025
  • PoC Required

  • KYC required

Select the category you'd like to explore

Assets in Scope

Target
Type
Smart Contract - YLAY Token
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 ERC4626 Adapter
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 Aave Adapter
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 Vault Wrapper
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 Swapper
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 Clients Facet
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 Management Facet
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 Access Facet
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 Funds Facet
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 Owner Facet
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 WS Vault
Added on
7 May 2025
Target
Type
Smart Contract - Yelay V3 WETH Vault
Added on
7 May 2025

Impacts in Scope

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

Temporary freezing of funds for more than 24 hours

Severity
Medium
Title

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

Severity
Medium
Title

Unbounded gas consumption

Severity
Low
Title

Contract fails to deliver promised returns, but doesn't lose direct monetary value. F.e. loss of points, sYLAY balance, wrong yield or APY calculation etc.

Out of scope

Program's Out of Scope information
  • Impacts relying on the intended wrongdoing of protocol admins having privileged access to the key functions of the protocol
  • Impacts where protocol functionality works as designed (f.e. “Users do not receive yield” in the Launchpool version of Yelay V3, or “Yield has been temporarily not generated due to the lack of triggering events”
  • Specifics of the ‘Deposit lock’ feature: “In case of DepositLock, Yield data is calculated offchain. If Client has set up DepositLock functionality only deposits into projectId through that are considered 'yield accruing'. If some user decides to bypass the DepositLockPlugin and deposit directly into the Vault using the same projectId - users will not receive any rewards. Such users are simply filtered out from offchain yield calculations.”
  • Use of malicious strategies or those which are not fit for the purpose. For example, strategies which incur deposit/withdrawal/management fees. Only performance fee is allowed for strategies used on Yelay V3 vaults.
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