IQ AI Smart Contract Audit Report Released by Code4rena

Code4rena announces a new partnership with **Covenant** for an upcoming competitive audit to secure their codebase. The security competition will run for **12 days**, following Code4rena's proven model of gamified smart contract auditing. This partnership continues Code4rena's recent collaborations, including audits with Garden Finance (14 days) and Morpheus (10 days). - Competitive audit format encourages multiple security researchers - 12-day timeline provides thorough code review - Part of Code4rena's transparent auditing approach More details about the audit timeline and participation will be announced soon.

**Rujira Network** has launched a new bug bounty program offering **$25,000** for security researchers who discover valid vulnerabilities. The bounty is hosted on Code4rena, targeting whitehats to identify potential security issues in Rujira's codebase. **Key Details:** - Total bounty pool: $25,000 - Platform: Code4rena - Target: Valid vulnerability discoveries - Full scope and known issues available Security researchers can review the complete bounty details, publicly known issues, and contest scope through the official link. [Start hunting for vulnerabilities](https://code4rena.com/bounties/rujira)

The **Hybra Finance competitive audit** is closing on October 16th with a **$33,000 USDC prize pool** still up for grabs. **Key Details:** - Final day to submit vulnerability findings - Hybra Finance operates as the public liquidity layer on Hyperliquid - Competition rewards highest and rarest vulnerabilities found - Part of Code4rena's competitive audit platform **Recent Context:** This follows other major audit competitions including Monad's record $500,000 prize pool and LayerZero's $103,000 competition. Security researchers have limited time remaining to participate in this significant bounty opportunity.

**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)