mediumLogic errorEVM-Solidity
Perpetual: SpotHedgeBaseMaker LPs will be able to extract value during a USDT/USDC de-peg
- Payout
- $0
- Protocol
- Perpetual
- Disclosed
- Mar 18, 2024
- Source
- sherlock
Perpetual's SpotHedgeBaseMaker values vault collateral and LP redemption amounts using Pyth base/USD prices while assuming the USDT collateral is worth exactly 1 USDT == 1 USD. Pyth has no base/USDT feed, so any large stablecoin de-peg is not reflected in valu …
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