Bandit's Bug Bounties and Audits

This vulnerability was submitted directly to Perpetual Protocol with a payout of $10K Any system which offers $1 of rebates for $1 of trading fees can be exploited via wash trading. Wash trading involves creating 2 accounts and then executing trades between them, one as a maker/LP, second as a taker. Part 1 shows how…

This bug was submitted to ImmuneFi in May 2022 and was ultimately rewarded a $30k bounty despite $40M funds in risk. INTRODUCTION The drastic price change in LUNA revealed vulnerabilities in Perpetual systems such as Perp v1 and Drift Protocol. In the postmortem, Drift developers found a bug where an attacker could intentionally drain their…

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