Established in 2020 by Mitchell Amador, Immunefi is a bug bounty platform focused on Web3 and smart contract security in the Web3 safety industry. The platform provides bug bounty hosting, consultation, and program management services to blockchain and smart contract projects.
The bug bounty programs are open invitations to security researchers and white hat hackers to discover and disclose vulnerabilities in projects’ smart contracts and applications. For their work, security researchers get incentives dependent on the severity of the vulnerability. Immunefi is used in projects like Synthetix, Chainlink, SushiSwap, MakerDAO, Wormhole, GMX, Alchemix, and Nexus Mutual.
After clients fill out a bug bounty onboarding form, they receive a questionnaire, and a bug bounty program is drafted based on answers to the questions. The draft goes to clients for review. Following modifications, Immunefi’s launch specialist works with the project’s marketing team to determine the launch time, bounty, and PR/marketing details.
Timeline
Further Resources
[RBP007] Immunifi Secures $25B+ In DeFi Assets with Bug Bounties
Web
August 18, 2021
88mph Function Initialization Bug Fix Postmortem - Immunefi - Medium
Immunefi
Web
June 14, 2021
A Discussion With Mitchell Amador CEO and Founder of Immunefi
Web
August 12, 2021
A Guide to Reproducing Ethereum Exploits: Fei Protocol
Immunefi
Web
June 7, 2021
Alchemix Access Control Bug Fix Debrief - Immunefi - Medium
Immunefi
Web
July 30, 2021