Kamino Launches Solana’s Largest Bug Bounty with ImmuneFi as SOL Eyes $300 Breakout

Solana’s leading DeFi protocol, Kamino, has lauched the blockchain’s largest bug bounty program to date in partnership with ImmuneFi, offering up to $1.5 million in rewards for critical ￰0￱ program, which launched on October 6, reinforces Solana’s growing focus on strengthening its DeFi ecosystem as institutional interest in the blockchain accelerates ahead of the anticipated spot ETF ￰1￱ move highlights a crucial step toward improving onchain security, which has become an increasing concern amid a year marked by numerous DeFi ￰2￱ Solana’s DeFi Security Kamino’s bug bounty initiative is divided into two main categories, smart contracts, and websites and ￰3￱ contract vulnerabilities will receive the largest rewards, with payouts scaling based on severity ranging from $150,000 to $1.5 million for critical threats.

High- and medium-level vulnerabilities are valued at $100,000 and $10,000, respectively, while website and app bugs can earn up to $50,000. This collaboration with ImmuneFi brings Kamino’s security testing under one of the most trusted cybersecurity networks in the Web3 space. ImmuneFi’s record speaks volumes it has safeguarded over $190 billion in user funds and paid more than $120 million to ethical hackers for uncovering overlooked ￰4￱ to this partnership, Kamino had already self-hosted bounty programs for three years, completing over 18 audits and maintaining open-source, verifiable ￰5￱ expanded collaboration significantly scales that effort, giving Kamino access to a global network of professional ￰6￱ DeFi Exploits Underscore the Need The timing of Kamino’s campaign comes amid an uptick in DeFi vulnerabilities across the ￰7￱ 2025 alone, there were roughly 144 reported DeFi ￰8￱ total hack losses fell 37% in Q3 to $509 million, September still witnessed a surge in million-dollar attacks, according to CertiK Alert ￰9￱ pattern underscores how vital proactive testing has become for decentralized protocols handling vast amounts of ￰10￱ Price Eyes $300 Ahead of ETF Decision Meanwhile, Solana’s native token continues to show bullish ￰11￱ around $231 , SOL has gained over 11% in the past week despite minor intraday declines.