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highLogic errorEVM-Solidity

Perennial V2 Update #4: When account is liquidated (protected), liquidator can increase account's position to any value up to `2**62 - 1` breaking all market accounting and stealing all market funds.

Payout
$0
Protocol
Perennial V2 Update #4
Disclosed
Jan 31, 2025
Source
sherlock

Perennial V2 Update #4 removed the invariant that forced a liquidated account's position to only decrease during liquidation. In the current code only a pending-close-state condition gates liquidation, and because collateral and position-size checks are skippe …

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References

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