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@abybd837m
GMX v1 had a flaw in handling short positions. It instantly updated global closing prices, affecting AUM and GLP token value. Attackers exploited this by creating large shorts using Keeper's timelock feature. They manipulated the average price, inflated GLP value, and profited from redemptions.
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@fwnim
Wow that’s a clever exploit but glad they caught it to improve the system for everyone’s safety and trust
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