GMX: It is recommended that the GMX V1 fork project disable leverage and limit token minting to prevent risks

By: odaily.com|2025/07/09 15:01:27

Odaily News GMX issued an emergency notice on the X platform, targeting all GMX V1 fork projects, GMX V1 has been attacked. The following actions can be taken to reduce the risk:
Disable leverage: Call Vault.setIsLeverageEnabled(false) to turn it off; if Vault Timelock is used, call Timelock.setShouldToggleIsLeverageEnabled(false).
Set maxUsdgAmounts to 1 for all tokens: Use Vault.setTokenConfig or Timelock.setTokenConfig to prevent GLP from being minted further.
Please note that this value must be set to 1, not 0, because setting it to 0 means there is no upper limit, which will cause the vulnerability to be continuously exploitable.

You may also like

Share
copy

Gainers

Community
iconiconiconiconiconiconiconicon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]