highLogic errorEVM-Solidity
Perennial V2 Update #3: Market coordinator can steal all market collateral by changing adiabatic fees
- Payout
- $0
- Protocol
- Perennial V2 Update #3
- Disclosed
- Sep 13, 2024
- Source
- sherlock
A market coordinator in Perennial V2 can drain the entire market's collateral by exploiting a combination of the adiabatic (skew-based) fee mechanism and the coordinator's privileged control over market risk parameters. Because each parameter update recomputes …
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References
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