Centrifuge, a decentralized finance protocol, has expanded its bug bounty program to cover the upcoming V3.1 upgrade. The company is now offering up to $250,000 for critical vulnerabilities found in the new code.
What the expanded bounty covers
The bounty specifically targets the V3.1 upgrade, a major release for the Centrifuge platform. Critical findings — bugs that could lead to loss of funds or permanent network disruption — are eligible for the top reward. The program is open to security researchers worldwide.
Why the reward matters
Bug bounties are a standard tool in crypto to catch flaws before they can be exploited. By raising the maximum payout to $250,000, Centrifuge is signaling that it takes the security of its upcoming upgrade seriously. The previous bounty program did not cover V3.1; this expansion brings the new code under the same reward structure.
How researchers can participate
Researchers who find a qualifying vulnerability can submit it through Centrifuge's existing bug bounty platform. The company will assess each report and determine if it meets the critical threshold. Payouts are made in stablecoins or the protocol's native token, depending on the severity and the researcher's preference.
The V3.1 upgrade is still in development, and the bounty program is now live. Centrifuge has not announced a specific release date for the upgrade.
