Hyperbridge Unveils Bug Bounty with Top Reward of $50,000

In a significant move to bolster its security posture, the cross-chain interoperability protocol Hyperbridge has announced the launch of a comprehensive bug bounty program. Hosted on the established security platform HackenProof, this initiative calls upon independent security researchers and ethical hackers worldwide to scrutinize Hyperbridge's entire codebase and report any vulnerabilities they discover.

Tiered Rewards Structure for Critical Flaws

The program features a clear, tiered reward system designed to incentivize thorough scrutiny:

  • Low Severity: $200 reward.
  • Medium Severity: Rewards ranging from $2,000 to $5,000.
  • High Severity: Rewards between $5,000 and $15,000.
  • Critical Severity: A maximum bounty of $50,000.

Submitted reports will be triaged, validated, and rewarded within three business days. The bounty scope encompasses a wide array of potential security issues, including logic flaws, access control failures, reentrancy attacks, cross-chain message forgery, and state manipulation.

Testing Guidelines and Context

To ensure safe and ethical testing practices, Hyperbridge mandates that all vulnerability research must be conducted within a forked local environment. Any testing against live, production infrastructure or mainnet is strictly prohibited, safeguarding current user assets and network stability.

This proactive security campaign follows a notable incident in mid-April where Hyperbridge suffered an exploit resulting in an estimated $2.5 million in losses. The launch of this bounty program is widely perceived as a decisive step by the project to reinforce its defenses, leveraging the collective expertise of the global security community to build a more resilient protocol.