The GLP pool of GMX V1 on Arbitrum has experienced an exploit. Approximately $40M in tokens has been transferred from the GLP pool to an unknown wallet.  

Security has always been a core priority for GMX, with the GMX smart contracts undergoing numerous audits from top security

Our initial analysis of today’s GLP exploit, conducted in collaboration with our security partners and lead auditor, still confirms that the attack vector is specific to GMX V1. The manipulation involved relates to the calculation of the short average price on V1, and the same

GMX 🫐

Damn+!

https://x.com/GMX_IO/status/1942989975814820347?s=19