Uniswap V4 Security Contest Kicks Off with $2.35M Prize Pool!

Key Points:

• Uniswap Labs is launching a record-breaking DeFi security contest with a $2.35 million prize pool.
• Uniswap v4 security will kick off on September 4, aiming for the most thorough code audit ever.
• Collaborating with the Uniswap Foundation and Cantina, the competition seeks to ensure unmatched Uniswap v4 security.

Uniswap Labs will collaborate with the Uniswap Foundation and Cantina to hold the largest security competition in the history of decentralized finance (DeFi): Uniswap v4 security.

Uniswap v4 Security Challenge to Begin September 4

In an updated post on the official Uniswap Labs Twitter account, the company announced that it, in collaboration with the Uniswap Foundation and Cantina, would host the largest security competition ever witnessed in DeFi history for enhancing Uniswap v4 security—no mean feat—with more than $2.35 million up for grabs.

Uniswap V4 security will start on September 4 and ensure Uniswap v4 has the most security and rigorous code audit the industry has ever had. With this, Uniswap Labs invites security experts and certified ethical hackers to help identify vulnerabilities in this new iteration of their protocol so that they can solve these to improve their security framework.

Read more: Uniswap V4: Great Improvements Helps Reduce Costs While Ensuring Efficiency.

Largest DeFi Security Competition Ever Announced

Participants can deep-dive into the Uniswap v4 codebase, checking for possible vulnerabilities and ensuring its strength. The large prize pool mirrors the stakes and how critical this effort is. This competition’s detailed terms and conditions will be published in due course and will outline how people can enter and compete as individuals or as part of a group.

Uniswap Labs is committed to improving the platform’s security and reliability and stimulating community engagement and collaboration. With the setting of the new code security standard in DeFi, Uniswap v4 has been designed to provide users with unrivalled confidence and stability in their decentralized trading activities.