Join the Ultimate ~$3.5M Euler CTF Challenge Powered by Hats Finance
We’ve got some thrilling news for all the hackers, strategists, and cybersecurity enthusiasts out there!
Today, in collaboration with the Euler Foundation, we’re launching one of the BIGGEST Capture the Flag (CTF) competitions in the world with a ~$3,500,000 bounty.
Introducing the Euler CTF Challenge
As the final step in Euler’s security validation (after 29 audits and a code competition), they are now confronting the ultimate boss in DeFi security with this ~$3.5M CTF challenge. Auditors and researchers that enter the competition are invited to rigorously examine the contracts, attempt to extract funds, and test Euler’s active defenses, all within a narrow window of less than two weeks.
CTF Details
- Start date: Wednesday, August 21st, noon ET
- End date: Monday, September 2nd, noon ET
Goal: Try to exploit the USDC/ETH and WETH/USDC pools within Euler’s live contracts.
Join the ~$3.5M Euler CTF Challenge!
1. Go to the Euler CTF Challenge on Hats dApp and connect your wallet.
The wallet address used to sign up must be the same one used throughout the challenge.
2. Read carefully and sign the Terms and Conditions.
Participants must follow all applicable laws and regulations during the challenge, including any sanctions or export controls, to be able to claim rewards.
- This CTF requires KYC for legal participation. Any funds drained from the contracts will be considered legal only if the individual in control of the funds starts a KYC process within 48 hours of acquiring them.
- After completing KYC to Euler and Hats, the individual must send 5% of the drained funds to the Hats Governance address within 30 days of receiving the Reward.
- The Euler Foundation or an authorized third party will issue a KYC declaration upon completing the process. This document can be used to report the amount to local tax authorities.
Please read the full terms and conditions that will be displayed on the vault after connecting your wallet to https://app.hats.finance/.
3. Check all CTF details and scope.
Only specific smart contracts are within scope, and certain bugs, like third-party pricing discrepancies, are explicitly out of scope. You’ll be able to check all scope details when signing the Terms and Conditions.
4. Start hunting!
Brace yourselves for the Euler CTF Challenge, powered by Hats Finance! Showcase your skills, test Euler security, and IF you manage to break it, claim your share of the glory!🔥
About Euler Finance
Euler is a modular lending platform designed to enhance capital efficiency and flexibility in DeFi. With Euler, users can permissionlessly establish lending markets tailored to their unique needs and preferences. Features like multi-collateral capabilities, aggregated vaults, and Oracle freedom enhance user flexibility and streamline risk management.
Are You Ready to Make History?
The countdown has begun! Whether you’re an experienced white hat hacker or a newcomer eager to prove your skills, this is your chance to shine. The Euler CTF Challenge is not just a competition; it’s a platform for the brightest minds in cybersecurity to come together and push the boundaries of what’s possible.
Are you up for the challenge? Get ready to make history and etch your name among the legends.
Stay connected with our community for the latest updates and join our channels for any questions!
