The Ethereum Foundation is launching a joint initiative to subsidize security audits for blockchain developers.
According to a post on Tuesday announcing the so-called Ethereum Security Subsidy Program, the foundation has partnered with digital asset advisory firm Areta to tap its audit marketplace, which connects Ethereum builders to a pool of about 20 professional audit firms.
“Security audits are a best practice, yet expensive. The subsidy program makes audits accessible and strengthens the Ethereum ecosystem,” the EF wrote on X.
The EF will provide $1 million to support the audit program, with blockchain data startup Chainlink and top Ethereum execution client Nethermind helping to vet applicants. If selected, projects could receive funding to cover the costs of up to 30% of their audits, with new cohorts chosen every month.
“The Ethereum Security Subsidy Program is a joint initiative with top-tier audit providers, anchored by an Expert Committee with leading minds from some of the organizations who know Ethereum the best,” Areta Market CEO Fin Boothroyd said on X.
Areta is an advisory firm that offers access to the Areta Market, a specialized audit marketplace that connects blockchain projects to top-tier security audit firms. The company previously helped set up a similar $1 million audit subsidy program for Solana developers.
EF noted that the program will explicitly support projects dedicated to CROPs, or censorship resistance, open source, privacy, and security values. Last month, the foundation published a mandate naming CROPs as the core tenets of the Ethereum ecosystem. Last year, the Ethereum Foundation also unveiled a new “Trillion-Dollar Security” initiative to elevate Ethereum’s security standards.
The Ethereum Security Subsidy Program will also target those with a “genuine dedication to building on Ethereum,” technical merit, feasibility, and innovation, as well as teams with a strong track record.
Security is an increasingly important area of focus not just for the Ethereum Foundation, but the industry at large. Last month, Aave Labs announced it was launching a $1.5 million audit program to help secure the recently released Aave V4 protocol.
Over 20 firms are participating in the program, including Blocksec, Cetora, Hacken, Quantstamp, and Immunefi, the decentralized bounty program operator that was recently supported by Anchorage Digital.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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