BlackholeDex Launches $100,000 Bug Bounty Program

**Code4rena launches 12-day competitive audit for Covenant** Covenant transforms assets into leverage and yield through their DeFi protocol. The audit competition focuses on two critical areas: **LatentSwap vulnerabilities:** - Invariant maintenance during atomic transactions - Token minting/redemption/swapping exploits - Value extraction through complex asset manipulation **Covenant contract security:** - Market isolation between base assets - Re-entrancy attack prevention - Market bricking resistance Wardens hunt for the highest and rarest vulnerabilities to win the biggest prizes. [Start auditing now](https://code4rena.com/audits/2025-10-covenant)

Code4rena announces a **15-day audit competition** for Reflector, partnering with Stellar Foundation and the Reflector team. The competitive audit aims to secure the Reflector codebase through community-driven security testing. This follows Code4rena's previous successful $125,000 Blend protocol audit on Stellar. **Key Details:** - Duration: 15 days - Partners: Stellar Foundation (@BuildOnStellar) and Reflector (@in_reflector) - Focus: Securing Reflector's codebase This initiative demonstrates Stellar's continued commitment to ecosystem security and growth through collaborative auditing efforts.

The **@0xsequence competitive audit** is ending soon on **October 22nd**. Wardens still have time to submit vulnerability findings for a chance to win from the **$73,000 prize pool**. - Competition deadline: October 22nd - Total rewards: $73,000 - Open to security researchers and auditors This follows recent major competitions including Monad's record $500,000 prize pool and other significant audits from LayerZero, Hybra Finance, and Solana Foundation. **Submit your findings before the deadline to compete for rewards.**

**Hybra Finance** has launched a competitive security audit on Code4rena, running for **10 days** with prizes for discovering vulnerabilities. **Key Details:** - Hybra Finance operates as a public liquidity layer on Hyperliquid - Competition rewards the **highest and rarest vulnerabilities** found - Security researchers can access audit documentation and participate **How to Participate:** - Review the audit documentation at [Code4rena](https://code4rena.com/audits/2025-10-hybra-finance) - Hunt for smart contract vulnerabilities - Submit findings for potential rewards This follows Code4rena's competitive audit model that gamifies security research to help projects identify bugs more effectively than traditional auditing methods.

**LayerZero's $103,000 audit competition is now live** on Code4rena, focusing on securing their Endpoint V2 implementation for Sui blockchain. **Key Details:** - 13-day competition duration - Highest prizes awarded for critical and rare vulnerabilities - Security researchers can participate immediately **Recent Context:** This follows two other major audit launches: - Monad's record-breaking $500,000 unconditional prize pool (27 days) - Succinct's $112,500 competition (30 days) [Start hunting for vulnerabilities](https://code4rena.com/audits/2025-09-layerzero-endpoint-v2-sui)