Arbitrum Foundation Launches $7.8 Million Security Program

The Arbitrum Foundation has launched the Arbitrum Security Program, a 12-month initiative covering the security lifecycle of ecosystem projects. The program includes AI-assisted screening, manual audits, bug bounties, and support from the ArbitrumDAO Security Committee. The foundation claims to invest approximately $7.8 million at market value, which includes 1.76 million USDC and 25 million ARB, with about $1.2 million allocated for existing audit commitments and $6.6 million dedicated to new efforts to ensure the safety of developers and users. Eligible applicants include projects that are not yet live, migrating from other chains, in growth phases, launching new features or products, and deploying their own Arbitrum Chain. Once approved, projects must confirm that their code is auditable, agree to subsidy terms, and sign a commitment agreement with the foundation. Audit partners include OpenZeppelin, Trail of Bits, Certora, Nethermind, and Sherlock.

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