Kamino, a prominent DeFi platform operating on the Solana blockchain, has launched the largest bug bounty program in Solana's history in collaboration with ImmuneFi. Announced on October 6, 2025, this initiative offers up to $15 million for identifying critical vulnerabilities, reflecting a significant commitment to enhancing security standards within the decentralized finance sector. The material points to an encouraging trend: increased investment in security measures by DeFi platforms.
Kamino's Bug Bounty Program
The bug bounty program specifically targets critical vulnerabilities in smart contracts and web applications, aiming to fortify the platform against potential threats. Kamino has emphasized its dedication to security by utilizing open-source, auditable contracts and undergoing various audits to ensure robustness.
Rewards for Vulnerabilities
In addition to the substantial reward for critical vulnerabilities, the program also offers:
- $100,000 for high-level bugs
- $10,000 for medium-level issues
This comprehensive approach not only aligns with broader security efforts within the Solana ecosystem but also aims to enhance investor trust and potentially increase Total Value Locked (TVL) over time.
Partnership with ImmuneFi
Kamino's partnership with ImmuneFi represents a significant milestone in the DeFi security landscape, showcasing the industry's commitment to building reliability and trust within the crypto community. As stated by the Kamino Team, this collaboration allows their contracts to be tested by the largest network of security researchers in the industry, further solidifying their security posture.
Impact of Bug Bounty Programs
Historically, bug bounty programs have proven effective in reducing losses from hacks, with a reported 37% decrease in losses during Q3 2025. Initiatives like Kamino's are crucial in maintaining and enhancing the security of the DeFi ecosystem, ensuring a safer environment for investors and users alike.
