Audit
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K-BIT DualDefense Audit: Program info

K-BIT DualDefense Audit

Company: KBIT
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Program infoReports

K-BIT is an oracle-based decentralized perpetual futures exchange where anyone can trade perpetual futures using their own wallet.

In scope
TargetTypeSeverityReward
https://github.com/devKBit/hacken-dual-defense/tree/49751f091bd8fb67dd0e264f4ea5cf3fae8cb97a
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Smart Contract
Critical
Bounty
Target
https://github.com/devKBit/hacken-dual-defense/tree/49751f091bd8fb67dd0e264f4ea5cf3fae8cb97a
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TypeSmart Contract
Severity
Critical
RewardBounty

Focus Area

IN-SCOPE: SMART CONTRACT VULNERABILITIES

We are looking for evidence and reasons for incorrect behavior of the smart contract, which could cause unintended functionality:

  • Stealing or loss of end-user funds
  • Permanent lock of end-user funds

OUT OF SCOPE: SMART CONTRACT VULNERABILITIES

  • Theoretical vulnerabilities without any proof or demonstration
  • Old compiler version
  • The compiler version is not locked
  • Vulnerabilities in imported contracts
  • Code style guide violations
  • Redundant code
  • Gas optimizations
  • Best practice issues
  • Known issues on GitHub issue tracker
  • Known issues in README.md
  • Front-run attacks
  • All other issues not mentioned “IN SCOPE” area

Program Rules

Only critical vulnerabilities that could lead to the loss of user funds or the permanent lock of funds are eligible for rewards.

  • The company is not obliged to pay for "Low"-"High" severity issues. Only "Critical" issues are under the scope. However, the team may, at its discretion, accept the report and pay the bonus, the reward will not be a part of the bounty pool.
  • Perform testing only within the scope
  • Any details of found vulnerabilities must not be communicated to anyone who is not a HackenProof Team or an authorized employee of this Company without appropriate permission
  • Each submission requires a working PoC to be eligible for a bounty

Reward Distribution:

  • The reward will be distributed in HAI tokens. For that you will need to provide in your account your hAI wallet address so we can arrange the transaction.

Clear wording:

  • Bounty pool — total amount of reward in the DualDefence Audit.
  • Allocated bounty — amount of reward for each unique vulnerability reported.
  • The total bounty pool for the DualDefence Audit will be equally split among all unique issues reported.
  • Example: If three researchers identify the same vulnerability and also there are two other vulnerabilities submitted only once (total 3 unique issues reported) each vulnerability will get 1/3 of the bounty pool. Allocated bounty reward will be split between all researchers who submitted the same issue (where uniq issues receive 1/3 of the pool and researchers will get 1/9 each of the initial reward pool).

Allocated bounty reward will be split between all researchers who submitted the same issue (where uniq issues receive 1/3 of the pool and researchers will get 1/9 each of the initial reward pool).

Single Valid Submission

Full Reward: If a critical vulnerability is found by only one participant, that reporter receives 100% of the bounty pool.

Duplicate Submissions

If multiple participants find the same vulnerability, the allocated bounty for that issue (bounty pool always equally split among all unique issues reported) is divided equally among all reporters. Example: If two researchers report the same vulnerability, each receives 50% of the allocated bounty. It can be 50% of the bounty pool if only one eligible issue was reported.

Multiple Unique Submissions

Split Based on Uniqueness of issues reported:

  • Unique Issue 1: Found by one reporter.
  • Unique Issue 2: Found by another reporter.

Each will receive 50% of the bounty pool.

[DISCLAIMER] The reward amount will be denominated in HAI tokens which are staked in FlashPool, due to market volatility, the final USD amount may differ from the one stated in the rules.

Disclosure Guidelines

Do not discuss this program or any vulnerabilities (even resolved ones) outside of the program without express consent from the organization

  • No vulnerability disclosure, including partial is allowed till the end of FlashBounty Audit contest.
  • Please do NOT publish/discuss bugs

Eligibility and Coordinated Disclosure

We are happy to thank everyone who submits valid reports which help us improve our security. However, only those that meet the following eligibility requirements may receive a monetary reward:

  • The vulnerability must be a qualifying vulnerability
  • Any vulnerability found must be reported exclusively through hackenproof.com
  • You must send a clear textual description of the report along with steps to reproduce the issue, include attachments such as screenshots or proof of concept code as necessary.
  • You must not be a former or current employee of us or one of its contractor.
  • Provide detailed but to-the point reproduction steps

Last audit

Hacken - February 2025

Assets in Scope

	File: fee.sol 
	File: lp.sol 
	File: perpDex.sol
Duration
Start date09 Mar 2025
End date07 Apr 2025
Rewards
Range of bounty$0 - $32,000
Severity
Critical
$32,000
High
$0
Medium
$0
Low
$0
Stats
Scope Review143
Submissions0
Total rewards$0
Types
smart contract
Languages
Solidity
SLA (Service Level Agreement)
Time within which the program's triage team must respond
Response TypeBusiness days
First Response0d
Triage Time0d
Reward Time30d
Resolution Time30d