Sherlock V2
  • 👋Intro to Sherlock
  • 🙋FAQ
  • 📚Glossary
  • ‼️Disclaimers
  • Audits
    • 🧑‍💻Protocol Teams
      • How it Works for Protocols
      • Audit Timeline
      • Scheduling Process
      • Audit Preparation
      • Protocol Involvement During the Audit Process
      • Protocol Involvement Post-Audit
      • Rescheduling and Cancellations
      • Interim Updates and Upgrades
    • 🕵️Watsons
      • Lead Senior Watson Selection Process
      • Fix Review Process
      • Contest Points
      • How to Score Issue Points in a Contest
      • Meeting the Payout Criteria
      • First Blood Pot
      • Leaderboard Points Example
      • FAQ
    • 🧑‍⚖️Judging
      • Judging Conduct Guidelines
      • Criteria for Issue Validity
        • Criteria Changelog
      • Lead Judge
      • 🧑‍⚖️Community Judging
      • Dedicated Judge
      • Discussion
      • Sherlock's Exclusive Judging Apprentice Program
    • 🤝Referral Program
  • Bug Bounties
    • 🌱Pre-Launch Bounty
    • 🚀Post-Launch Bounty
      • 📜Platform Rules
      • ⚖️Dispute Resolution
  • Coverage
    • 🛡️Sherlock Shield
    • 💰Stakers
      • Overview
      • Lockup Period
      • Payout Flow
      • Staking APY
    • 🧑‍💻Protocol Teams
      • Getting Started
      • Coverage Premiums
      • Pricing
      • Composability and Coverage
      • Payout Flow
      • FAQ
    • 📝Claims
      • Claims Process
  • Tokens
    • SHER
    • Receipt NFTs
  • Governance
    • Roles
  • Developer
    • Overview
    • Stake Position Lifecycle
    • Claim Lifecycle
    • Protocol Lifecycle
    • SHER Distribution
    • Deployed Contracts
    • Contract Reference
    • Audits
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Pricing

PreviousCoverage PremiumsNextComposability and Coverage

Last updated 1 year ago

Sherlock only offers bug bounty coverage. But every bug bounty coverage policy includes an equal amount of exploit coverage. If a protocol team signs up for $500k of bug bounty coverage, a $500k exploit coverage policy will be automatically included. This is to ensure that Sherlock isn't incentivized to hope protocols get exploited on mainnet instead of paying out a bug bounty. Sherlock requires 1 month's worth of upfront payment before coverage can be activated. From there, it's up to the protocol team in terms of paying bi-weekly, monthly etc. All Sherlock monitors is that the balance of payment does not reach zero. If it reaches zero (technically if it reaches 500 USDC) a protocol will be auto-removed from coverage by an arb bot.

A protocol team can manage payments directly using the .

🧑‍💻
protocol payment portal