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Panoptic Launches Comprehensive Code4rena Audit for Enhanced Security

To bolster the security of our protocol, Panoptic embarks on a second audit with Code4rena. All auditors from coding experts to engaged community members are welcome to participate in this competitive audit where $120,000 will be given to contributors. The audit will begin on April 1, 2024 and run until April 22, 2024.

Auditors from the previous audit are encouraged to participate again and new participants can register here.

About the Audit

The Panoptic V1 smart contracts power the decentralized and perpetual options trading platform built on top of Uniswap V3. Panoptic’s codebase will undergo a thorough evaluation for security throughout the audit process.

The total prize pool of $120,000 USDC is broken down into the following categories:

  • High maintenance (HM) awards: $100,320 USDC
  • Quality assurance (QA) awards: $4,180 USDC
  • Judge awards: $9,000 USDC
  • Lookout awards: $6,000 USDC
  • Scout awards: $500 USDC

How to Participate

In order to participate, auditors must:

  1. Join the C4 Discord
  2. Submit their findings using the C4 form

Check out the Code4rena guidelines page for more information.

After the Audit

Panoptic will run an additional beta version before launching Panoptic mainnet V1. Panoptic brings DeFi-native options trading to multiple EVM-compatible chains, enabling the permissionless trading of any token, any strike, any size.

About Code4rena

Code4rena is a leading smart contract security marketplace that invented the competitive audit which has incentivized thousands of security researchers to compete to find more rare, high-severity vulnerabilities than other models. Code4rena’s competitive audits have changed the web3 security space by providing a transparent and gamified alternative to traditional audits.

Code4rena audits differ from traditional audits and bug bounties by offering protocols wider coverage and guaranteed payouts for participants. DeFi and NFT industry leaders such as zkSync, GMX, Trader Joe, and OpenSea have enlisted Code4rena's help to secure their protocols.

Join the growing community of Panoptimists and be the first to hear our latest updates by following us on our social media platforms. To learn more about Panoptic and all things DeFi options, check out our docs and head to our website.