The Standard

The Standard
DeFiHardhat
20,000 USDC
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Submission Details
Severity: medium
Invalid

distributeAssets() doesn't check If Arbitrum sequencer is down in Chainlink feeds

Summary

When utilizing Chainlink in L2 chains like Arbitrum, it's important to ensure that the prices provided are not falsely perceived as fresh, even when the sequencer is down. This vulnerability could potentially be exploited by malicious actors to gain an unfair advantage.

Vulnerability Detail

There is no check:

function distributeAssets(
ILiquidationPoolManager.Asset[] memory _assets,
uint256 _collateralRate,
uint256 _hundredPC
) external payable {
consolidatePendingStakes();
(, int256 priceEurUsd, , , ) = Chainlink
.AggregatorV3Interface(eurUsd)
.latestRoundData();
uint256 stakeTotal = getStakeTotal();
uint256 burnEuros;
uint256 nativePurchased;
for (uint256 j = 0; j < holders.length; j++) {
Position memory _position = positions[holders[j]];
uint256 _positionStake = stake(_position);
if (_positionStake > 0) {
for (uint256 i = 0; i < _assets.length; i++) {
ILiquidationPoolManager.Asset memory asset = _assets[i];
if (asset.amount > 0) {
(, int256 assetPriceUsd, , , ) = Chainlink
.AggregatorV3Interface(asset.token.clAddr)
.latestRoundData();
uint256 _portion = (asset.amount * _positionStake) /
stakeTotal;
uint256 costInEuros = (((_portion *
10 ** (18 - asset.token.dec) *
uint256(assetPriceUsd)) / uint256(priceEurUsd)) *
_hundredPC) / _collateralRate;
if (costInEuros > _position.EUROs) {
_portion =
(_portion * _position.EUROs) /
costInEuros;
costInEuros = _position.EUROs;
}
_position.EUROs -= costInEuros;
rewards[
abi.encodePacked(
_position.holder,
asset.token.symbol
)
] += _portion;
burnEuros += costInEuros;
if (asset.token.addr == address(0)) {
nativePurchased += _portion;
} else {
IERC20(asset.token.addr).safeTransferFrom(
manager,
address(this),
_portion
);
}
}
}
}
positions[holders[j]] = _position;
}
if (burnEuros > 0) IEUROs(EUROs).burn(address(this), burnEuros);
returnUnpurchasedNative(_assets, nativePurchased);
}

Impact

could potentially be exploited by malicious actors to gain an unfair advantage.

Tool used

Manual Review

Recommendation

code example of Chainlink:

https://docs.chain.link/data-feeds/l2-sequencer-feeds#example-code

Updates

Lead Judging Commences

hrishibhat Lead Judge over 1 year ago
Submission Judgement Published
Validated
Assigned finding tags:

Arbitrum-sequncer

hrishibhat Lead Judge over 1 year ago
Submission Judgement Published
Invalidated
Reason: Known issue
Assigned finding tags:

Arbitrum-sequncer

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