Centrifuge Expands Bug Bounty Program with V3.1 Upgrade Offering $250K Rewards

Centrifuge has expanded its bug bounty program to include the V3.1 upgrade, offering up to $250,000 for critical vulnerabilities. The program, launched on July 17, 2025, through the Cantina platform, aims to enhance security by incentivizing researchers to identify vulnerabilities. To date, the program has documented 480 findings with zero exploits reported since the mainnet launch in 2019. The payout structure includes $250,000 for critical findings, $50,000 for high-severity issues, and $5,000 for medium-severity bugs. However, certain limitations apply, particularly for issues linked to specific pool managers or cross-chain functionalities. Following the V3.1 update, Centrifuge released V3.2 on July 8, 2026, introducing features for on-chain portfolio management. The protocol has undergone over 24 security reviews, reinforcing its commitment to security excellence. This expansion reflects Centrifuge's proactive approach to maintaining a secure environment for users.

Key Points: • Centrifuge's bug bounty program now offers up to $250,000 for critical vulnerabilities. • The program has recorded 480 findings with zero exploits since 2019. • Version 3.2 was released on July 8, 2026, enhancing on-chain portfolio management.