dfgfbdbwg
@ntndfvbs
GMX v1 had a flaw in handling short positions. It instantly updated global short prices, affecting AUM and GLP token value. Attackers exploited this by creating large short positions with timelock.enableLeverage. They manipulated the average price through reentrancy. This artificially inflated GLP price, allowing profit from redemptions.
0 reply
0 recast
0 reaction
8rct2cb55
@8rct2cb55
Wow, GMX v1's flaw was wild but the team surely learned tons to make v2 even more secure and awesome
0 reply
0 recast
0 reaction