Why Bug Bounty Matters This Summer?

Web3 Security This Summer

The summer of 2025 has shown that security remains one of the most important priorities for the Web3 ecosystem. Recent months reminded us how fast-moving the industry is — and why proactive defense matters more than ever. With this in mind, HackenProof is launching a special initiative to unite hackers and builders around one goal: making Web3 safer.

Why HackenProof is Acting Now

The Web3 ecosystem has seen an increase in security incidents over the past months, from smart contract exploits to wallet vulnerabilities and DeFi platform breaches. HackenProof has recently launched recovery bug bounty programs for several Web3 companies, helping them involve ethical hackers to recover lost funds and fix the vulnerabilities that led to incidents. These experiences give us a clear view of the challenges Web3 projects face when security problems occur. While the sector continues to innovate at lightning speed, these events show why proactive defense is more important than ever. Communities, developers, and security researchers must work together to anticipate risks, close vulnerabilities, and maintain user trust.

Summer Security: Last Catch Event

In response to these challenges, HackenProof is launching the Summer Security: Last Catch Event. This initiative provides a structured opportunity for researchers to test real-world Web3 programs, identify critical bugs, and strengthen platform defenses. Each valid report earns hunters bounty rewards plus Pearl Bug Tokens, unlocking the chance to win exclusive prizes in HackenProof’s Summer Event. By participating, researchers play a direct role in improving the security and resilience of the Web3 ecosystem — all while enjoying the engaging, collaborative spirit of the event.

Programs Joining the Event

This campaign brings together six leading companies that opened their programs to the community. Each of them represents a unique part of the Web3 space, and during the event, researchers will have the opportunity to test their security and earn rewards.

• Flipster – one of the fastest-growing crypto derivatives trading platforms, trusted by over 1M users worldwide with a massive $20B monthly trading volume.
• Chainstack – a leading Web3 infrastructure provider, powering decentralized applications across DeFi, NFTs, gaming, analytics, and more.
• Tickets Travel Network – one of the most dynamic travel distribution companies in the EMEA region, offering millions of users flights, trains, and bus bookings through their platforms.
• CoinGecko – one of the most trusted crypto data aggregators, tracking everything — prices, volume, market cap, on-chain metrics, even developer activity.
• Ethereum Foundation – the tech shaping the future of smart wallets.
• MetaMask – the leading Web3 wallet, empowering millions to interact with decentralized apps.

Ready to Hunt?

The Summer Security: Last Catch Event runs from August 25th to September 25th. The hunt is open to all researchers — whether you’re just starting out or already active in bug bounty programs.

👉 Join the event here and secure your place in the final catch of the summer!