Farcaster

When I first heard about this GMX exploit, I thought about how different $H1’s approach is. Zero gas fees with app-specific charges, multi-sig wallets, and mandatory two audits?

What does that mean for DeFi’s future?

A detailed analysis of the @GMX_IO attack.

(1) The "refund" logic makes a malicious -&gt; The attacker jail-break the restrictions to perform multiple actions in 1 transaction.

As my previous tweet analyzed, the attacker fooled the frontend (the keeper bot) to hijack the control https://t.co/Hdxc3FBTx9

Weilin (William) Li

When I first heard about this GMX exploit, I thought about how different $H1’s approach is. Zero gas fees with app-specific charges, multi-sig wallets, and mandatory two audits?

What does that mean for DeFi’s future?

https://x.com/hklst4r/status/1942987359001145731