Immunefi Surpasses $100 Million in Whitehat Rewards: A Milestone in Web3 Security

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Immunefi
Published in
3 min readJun 20, 2024
Immunefi Surpasses $100m Paid to Whitehats

At Immunefi, our dedication to on-chain security remains steadfast. Today, we are excited to share a monumental achievement that underscores our commitment to protecting the web3 ecosystem: Immunefi has surpassed $100 million in rewards paid to whitehat hackers.

Here’s what our CEO, Mitchell Amador, had to say:

This milestone is not just a significant achievement for Immunefi, but also a testament to the vibrant and growing web3 security community. In just over three years, Immunefi has facilitated the largest bounty payments in the history of software.

Notable payouts include $10 million for a vulnerability in Wormhole, $6 million for a vulnerability in Aurora, and $2.2 million for a vulnerability in Polygon. These rewards highlight the critical role our security researchers play in maintaining the integrity of the blockchain space.

Collectively, we’ve averted numerous disasters, saving a staggering $25 billion in user funds and helping to avoid industry setbacks. Immunefi remains committed to empowering organizations with the expertise needed to stay ahead of cybersecurity threats, ensuring a safer digital future for all.

Here’s a summary of some of our most exciting milestones:

Timeline of Payouts on Immunefi

Our community of security researchers is diverse, hailing from various backgrounds and professions. From traditional tech CTOs and pharmacists to grad students, auditors, and even construction workers like paludox0, our researchers bring a wealth of experience and unique perspectives to the table. These contributions are not just vital for security but are also transformative on a personal level.

Consider MajorExcitement, a researcher whose $2 million bounty enabled him to buy a home and focus on vital research. Such stories illustrate how these payouts are changing lives and fostering a dedicated community of security professionals. Immunefi has become a launchpad for many careers and life journeys, and our impact continues to grow alongside our community.

Immunefi processes substantial payouts every week, with over $163 million currently available in rewards. We are safeguarding more than $190 billion in assets, and there is still much more to protect and earn. This milestone is a testament to the hard work of our researchers and the support of our trusted partners and the wider on-chain community.

As we look to the future, we are committed to continuing our mission to enhance web3 security. The journey to surpassing $100 million in rewards is just the beginning. Together, we can achieve even greater milestones, safeguarding the digital landscape and supporting the innovators who make it possible.

If you’re a security researcher who wants to join us on this journey, sign up here. Be sure to explore our current programs.

To our incredible community of researchers: thank you for your dedication and hard work. Here’s to the next $100 million — and beyond.

Join our Discord, follow our Twitter, and LinkedIn, check out our Telegram channel and YouTube videos.

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