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mediumLogic errorMove

Perpetual: Borrow fees can be arbitrarily increased without the maker providing any value

Payout
$0
Protocol
Perpetual
Disclosed
Mar 18, 2024
Source
sherlock

Perpetual's borrowing-fee model treats whitelisted makers (SpotHedgeBaseMaker and OracleMaker) as fee receivers that never pay fees, and its utilization-ratio accounting in LibBorrowingFee only reflects a maker increasing its position without considering an of …

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References

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