{"id":52802,"date":"2025-10-14T15:16:36","date_gmt":"2025-10-14T15:16:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52802"},"modified":"2025-10-14T15:16:36","modified_gmt":"2025-10-14T15:16:36","slug":"ripple-pays-hackers-to-attack-the-xrp-ledgers-new-defi-lending-protocol","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52802","title":{"rendered":"Ripple Pays Hackers To Attack The XRP Ledger\u2019s New DeFi Lending Protocol"},"content":{"rendered":"
\n

RippleX has put a sharp point on its \u201cinstitutional DeFi\u201d roadmap by inviting the security community to actively break the XRP Ledger\u2019s forthcoming lending stack\u2014before it ships. In a coordinated program with Immunefi, the company unveiled a $200,000 \u201cAttackathon\u201d aimed at hardening the proposed XRPL Lending Protocol, a ledger-native system for fixed-term, uncollateralized credit governed by the emerging XLS-66 standard.<\/p>\n

\u201cWe are collaborating with @immunefi to prepare a $200K Attackathon to test and strengthen the proposed XRP Ledger Lending Protocol,\u201d RippleX wrote<\/a> on X on October 13, adding that the competition focuses on \u201cmore than 35K lines of C++ code\u201d and is paired with an educational track to onboard researchers to XRPL specifics.<\/p>\n

Immunefi posted via X: \u201cWe\u2019ve partnered with RippleX to launch a $200,000 Attackathon helping secure the proposed XRPL Lending Protocol. This is a time-boxed, adversarial competition to identify vulnerabilities before the protocol reaches production.\u201d<\/p>\n

Ripple Invites Hackers to Test the XRP Ledger<\/h2>\n

The Attackathon is preceded by an \u201cXRPL Attackathon Academy\u201d that Immunefi says provides ledger-specific walkthroughs, Devnet guides, test environments and a C++ curriculum, plus direct access to Ripple engineers during the education window.<\/p>\n

The program\u2019s core pool totals $200,000, with flat distribution rules and performance bonuses. The most consequential result is binary: if even one valid critical vulnerability is found, the full pool unlocks; if not, a $30,000 fallback is split among researchers who nonetheless submit valid insights.<\/p>\n

Immunefi\u2019s public brief also names the primary, in-scope components targeted by researchers, including XLS-66 (Lending Protocol)<\/a>, XLS-65 (Single-Asset Vaults)<\/a>, XLS-33 (Multi-Purpose Tokens)<\/a>, XLS-70 (Credentials), XLS-77 (Deepfreeze), and XLS-80 (Permissioned Domains)\u2014a window into how Ripple envisions lending, liquidity, identity\/permissions, and asset controls interlocking at the base layer.<\/p>\n

Immunefi\u2019s launch blog lists the education period as October 13\u201327 and the Attackathon as October 27\u2013November 29, 2025. The Academy page further specifies rewards paid in RLUSD, Ripple\u2019s dollar-pegged stablecoin, and confirms that Immunefi will triage reports and require KYC.<\/p>\n

Ripple has been telegraphing this architecture throughout September, positioning XLS-65 and XLS-66 as the nucleus of an institutional credit market built into the ledger, rather than stitched on via external smart contracts. The company\u2019s own technical brief describes pooled lending, on-chain enforcement and underwritten, off-chain credit evaluation, while adjacent standards\u2014Permissioned Domains, Deepfreeze and Credentials\u2014are designed to map compliance, recoverability and identity controls to ledger-native primitives.<\/p>\n

The security-first rollout reflects a broader industry shift toward pre-production \u201coffense testing\u201d on non-EVM codebases and at-protocol designs, where conventional smart-contract bug classes don\u2019t always apply. Immunefi\u2019s brief makes clear what matters most for the XRPL stack: anything that compromises fund security or vault solvency, misrepresents interest accrual or debt, subverts clawback\/freeze semantics, manipulates administrative records, or bypasses permissioned access controls.<\/p>\n

Those priorities map directly to the design\u2019s claim to avoid wrapped assets and third-party contracts, meaning the bounty effectively challenges researchers to find ledger-level logic flaws rather than Solidity-style pitfalls. \u201cThis program is a time-boxed, adversarial competition, where security researchers dive into the code to ensure the protocol has the strongest possible security posture, surfacing vulnerabilities before they reach production,\u201d Immunefi wrote.<\/p>\n

At press time, XRP traded at $2.46.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

RippleX has put a sharp point on its \u201cinstitutional DeFi\u201d roadmap by inviting the security community to actively break the XRP Ledger\u2019s forthcoming lending stack\u2014before it ships. In a coordinated program with Immunefi, the company unveiled a $200,000 \u201cAttackathon\u201d aimed at hardening the proposed XRPL Lending Protocol, a ledger-native system for fixed-term, uncollateralized credit governed […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52802","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52802"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52802\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}