Deri Protocol

Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized. Deri Protocol is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.

For more information about Deri, please visit https://deri.finance/.

This bug bounty program is focused on their smart contracts and is focused on preventing the following impacts:

• Loss of user funds staked (principal) by freezing or theft
• Trading front-run
• Making trading profit in any unfair ways
• Flashloan attacks or manipulations
• Sandwich attacks
• Temporary freezing of funds for any amount of time
• Unable to call smart contract
• Smart contract fails to deliver promised returns

Rewards are distributed according to the impact of the vulnerability based on the Immunefi Vulnerability Severity Classification System. This is a simplified 5-level scale, with separate scales for websites/apps and smart contracts/blockchains, encompassing everything from consequence of exploitation to privilege required to likelihood of a successful exploit.

A PoC and a suggestion for a fix is required for Medium, High, and Critical bug reports. Low bug reports only require a PoC.

The rewards are determined by the Deri Protocol team based on economic damage and exploitability. Deri Protocol reserves the right to determine the final reward amount based on these factors as well as any other discretionary factor.

Payouts are handled by the Deri Protocol team directly and are denominated in USD. However, payouts are done in DERI.

Only those in the Assets in Scope table are considered as in-scope of the bug bounty program.

Impacts in Scope

Only the following impacts are accepted within this bug bounty program. All other impacts are not considered as in-scope, even if they affect something in the assets in scope table.

Smart Contracts

• Loss of user funds staked (principal) by freezing or theft
• Trading front-run
• Making trading profit in any unfair ways
• Flashloan attacks or manipulations
• Sandwich attacks
• Temporary freezing of funds for over one hour
• Unable to call smart contract
• Smart contract fails to deliver promised returns

We are especially interested in receiving and rewarding vulnerabilities of the following types:

Smart Contracts and Blockchain

• Re-entrancy
• Logic errors
  • including user authentication errors
• Solidity/EVM details not considered
  • including integer over-/under-flow
  • including rounding errors
  • including unhandled exceptions
• Trusting trust/dependency vulnerabilities
  • including composability vulnerabilities
• Oracle failure/manipulation
• Novel governance attacks
• Economic/financial attacks
  • including flash loan attacks
• Congestion and scalability
  • including running out of gas
  • including block stuffing
  • including susceptibility to frontrunning
• Consensus failures
• Cryptography problems
  • Signature malleability
  • Susceptibility to replay attacks
  • Weak randomness
  • Weak encryption
• Susceptibility to block timestamp manipulation
• Missing access controls / unprotected internal or debugging interfaces

The following vulnerabilities are excluded from the rewards for this bug bounty program:

• Attacks that the reporter has already exploited themselves, leading to damage
• Attacks requiring access to leaked keys/credentials
• Attacks requiring access to privileged addresses (governance, strategist)

Smart Contracts and Blockchain

• Incorrect data supplied by third party oracles
  • Not to exclude oracle manipulation/flash loan attacks
• Basic economic governance attacks (e.g. 51% attack)
• Lack of liquidity
• Best practice critiques
• Sybil attacks

The following activities are prohibited by this bug bounty program:

• Any testing with mainnet or public testnet contracts; all testing should be done on private testnets
• Any testing with pricing oracles or third party smart contracts
• Attempting phishing or other social engineering attacks against our employees and/or customers
• Any testing with third-party systems and applications (e.g., browser extensions) as well as websites (e.g., SSO providers, advertising networks)
• Any denial of service attacks
• Automated testing of services that generates significant amounts of traffic
• Public disclosure of an unpatched vulnerability in an embargoed bounty