Signature Malleability in CultureIndex::_verifyVoteSignature function

Lines of code Vulnerability details Impact The elliptic curve used in Ethereum for signatures is symmetrical, hence for every v,r,s there exists another v,r,s that returns the same valid result. Therefore two valid signatures exist which allows attackers to compute a valid signature without knowi...

Validate Creators Array

Lines of code Vulnerability details Potential Risk: The validateCreatorsArray function in the CreatorUtils contract performs input validation for the creatorArray parameter, which is an array of CreatorBps structs. While the function checks the individual elements of the array for valid addresses...

Delisted wLp still could be used for collateralization by changing position mode

Lines of code Vulnerability details Protocol governor address has the power to whitelist and delist wLp addresses using the ConfigsetWhitelistedWLps function. Only whitelisted wLp tokens are allowed to collateralize and de-collateralize users' positions: File: InitCore.sol 244: function...

CultureIndex.sol#_vote() - Creators of certain piece can vote for their piece

Lines of code Vulnerability details Impact In CultureIndex there is a function vote that allows users to vote for a piece to get sold on the auction house. Each piece has creators that get cut of the sale. The problem is that there is no checks if the user voting for a certain piece is it's own...

Users can avoid liquidation by splitting their positions into smaller ones

Lines of code Vulnerability details Impact Bad debt creation, as the total sum of positions could yield a signicant underwater position, but they would likely not be liquidated as it wouldn't compensate liquidators. Proof of Concept A recent, random transaction on Mantle shows a gas fee of 0.47...

Liquidator can get higher rate for liquidation

Lines of code Vulnerability details Proof of Concept When position is unhealthy then it can be liquidated. In order to incentivize someone to liquidate positions they receive some extra amount of collateral. This incentive percentage is calculated inside...

setPosMode function doesn't check if wLp is whitelisted

Lines of code Vulnerability details Proof of Concept Using setPosMode function owner of position can change it's mode. When the function is called, then there are a lot of checks, like if current mode allows to decollateralize and if new mode allows to collateralize. Also it's checked, that all...

borrower can prevent liquidity provider from withdrawing their liquidity

Lines of code Vulnerability details Description When a liquidity provider wants to withdraw their liquidity they can call ParticlePositionManager::reclaimLiquidity. This will prevent any renewals: ParticlePositionManager::addPremium: File: protocol/ParticlePositionManager.sol 508: // check LP...

Liquidations can be prevented by frontrunning and liquidating 1 debt (or more) due to wrong assumption in POS_MANAGER

Lines of code Vulnerability details Impact Users can avoid being liquidated if they frontrun liquidation calls with a liquidate call with 1 wei. Or, they may do a partial liquidation and avoid being liquidated before the interest reaches the value of the debt pre liquidation. The total interest...

A wLP collateral that is no longer whitelisted but was at some point won't let users decollateralize or be liquidated

Lines of code Vulnerability details Impact Users who collateralized using wLP won't ever be liquidated unless the wLP is whitelisted back, but this could be dangerous depending on the reason it was removed from the whitelist. They can't also decollateralize. The severity of this issue depends...

Using addPremium() to evade part of the fees from marginFrom

Lines of code Vulnerability details Vulnerability details When openPosition, we will charge a certain fee, the calculation formula is as follows: marginFrom + amountFromBorrowed FEEFACTOR / Base.BASISPOINT It will include marginFrom, which is mainly used to ensure enough collateralTo after swap,...

wLp tokens could be stolen

Lines of code Vulnerability details PosManagerremoveCollateralWLpTo function allows users to remove collateral wrapped in a wLp token that was previously supplied to the protocol: File: PosManager.sol 249: function removeCollateralWLpTouint posId, address wLp, uint tokenId, uint amt, address...

Loss of Funds for Users Due to Token Purchase after Maximum Supply

Lines of code Vulnerability details Summary When the token's total supply reaches its maximum, users lose funds when attempting to buy tokens, as the transaction completes without minting new tokens. Vulnerability Details To engage in the voting system, users must acquire tokens directly from the...

increaseLiquidity/decreaseLiquidity Lack of slippage protection

Lines of code Vulnerability details Vulnerability details In ParticlePositionManager.mint, there is slippage protection by params.amount0Min / params.amount1Min But in increaseLiquidity, pool.mint will also be executed There is no slippage protection function increaseLiquidity uint256 tokenId,...

Signature Verification for batchVoteForManyWithSig Function

Lines of code Vulnerability details Potential Risk: The batchVoteForManyWithSig function in the CultureIndex contract allows multiple users to execute a batch of votes using provided signatures. While it attempts to verify the signatures, there are potential risks associated with signature...

Delegation to address(0) causes permanent loss of voting power

Lines of code Vulnerability details Impact As stated in the comment on line 12 of NontransferableERC20Votes.sol, delegation of vote power can be done through the delegate function or by providing a signature to be used with delegateBySig. However, these functions do not prevent users from...

impossible to open a position with a large marginTo

Lines of code Vulnerability details Description marginTo/From is a way to both cover your position and increase your premium when opening a position. There is however a unintended limit on how much marginTo you can provide when opening a position. When doing the swap to increase leverage, the...

Users receive fewer tokens due to inaccuracy in calculation

Lines of code Vulnerability details Impact There is a loss of precision in the VRGDAC.yToX function, because in several places division occurs first, and then the result is multiplied. This results in users receiving fewer tokens. According to test data, the difference can be 8 digits. The choice...

position can be opened without premium

Lines of code Vulnerability details Description Premium in ParticlePositionManager is used to cover trading fees accrued for the liquidity borrowed. When liquidating, a portion of the premium is also used for the liquidation reward. The issue is that a borrower can open a position without any...

If the borrower enters token blacklist, LP may never be able to retrieve Liquidity

Lines of code Vulnerability details Vulnerability details Currently, there are two ways to retrieve Liquidity 1. borrower actively close position : call closePosition 2. be forced liquidation leads to close position : liquidatePosition - closePosition No matter which one, if there is a profit in...