$400K Public Audit Contest for Aerodrome Finance's Aero Upgrade

Aerodrome Finance has announced a public audit contest worth $400,000 to test its upcoming Aero upgrade. The three-week contest will take place on Sherlock's Audit Engine platform and is the first open-participant engagement using this tool. The Aero upgrade aims to solve a persistent problem in decentralized exchanges by introducing Predictive Allocation and the AER Engine.

The public audit contest follows multiple rounds of private audits through ChainSecurity and Sherlock, which did not find any critical or high-severity vulnerabilities. Aerodrome Finance is putting $400,000 on the table for anyone who can find bugs in its upcoming Aero upgrade. The bigger the bug, the bigger the payout.

The Aero upgrade is a product of the Aerodrome-Velodrome merger and combines infrastructure from both protocols into a unified liquidity layer on Base. It introduces two key economic mechanisms: Predictive Allocation and the AER Engine. Both are designed to solve a persistent problem in decentralized exchanges, the misalignment between the rewards liquidity providers earn and the actual fee revenue their liquidity generates.