blockchain

Bugs in Gains Network Forks Enable Traders to Profit 900% on Every Trade, Zellic Report Reveals

The Big Whale

10 May 2024 — 1 min read

Two bugs in a fork of the Gains Network leveraged trading protocol could have allowed traders to profit 900% on every trade, regardless of the token's price, according to a report from blockchain security firm Zellic. One bug was patched in a previous version of Gains, while the other was found in the forked version. Zellic informed the developers of Gambit Trade, Holdstation Exchange, and Krav Trade about the vulnerabilities, and they have fixed their protocols. However, other Gains forks may still be at risk. Gains Network is a decentralized finance (DeFi) ecosystem on Polygon and Arbitrum, with its leveraged trading app called "gTrade." Zellic discovered that the bugs allowed users to profit from trades by manipulating stop-loss and take-profit prices. The flaws were present in the forked version but not in the original Gains Network. Zellic notified the affected forks and warned that some Gains forks may still be vulnerable.

Sources :

- CoinTelegraph

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