Morpho Midnight opens audit competition with $400,000 prize pool
Morpho Midnight has launched an audit competition with a prize pool of $400,000 to identify bugs in its new fixed-rate lending protocol. This amount is double the bounty offered in its previous contest, reflecting the importance of security in decentralized finance. The competition is a critical step before the protocol's deployment, following two years of development.
- ▪Morpho Midnight is a new fixed-rate lending protocol from Morpho, the second-largest DeFi lending platform.
- ▪The audit competition is accepting submissions on Cantina and offers a total prize pool of $400,000.
- ▪The protocol aims to introduce intent-based fixed-rate and fixed-term lending markets, differing from the variable-rate model of Morpho Blue.
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Morpho Midnight opens audit competition with $400,000 prize pool The DeFi lending giant is putting its new fixed-rate protocol through a public security gauntlet before deployment, doubling the bounty from its last competition. Share Add us on Google by Editorial Team May. 29, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Morpho, the second-largest DeFi lending platform by total value locked, is offering up to $400,000 to anyone…
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