What happened
After the Saddle Finance official launch, some pools were arbitraged for millions within hours of launch.
Example of transactions:
Saddle Finance response:
"Some of the early transactions were executed with high slippage. From our initial investigation the smart contracts are functioning as expected, but individuals may not have yielded to warnings of high slippage when using the deposit form and subsequently reviewing their deposits."
Protocol details
Classification
Exchange (DEX)
Protocol Type
DEX
Affected asset / contract
SDL
Protocol links
Website
@saddlefinance
Security review history
- CertiK View report
- OpenZeppelin View report
- Quantstamp View report
Evidence
- report Post-mortem medium.com
- report @FrankResearcher incident report twitter.com
- report Post-mortem rekt.news
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