Submission Details
Severity:
Using `block.timestamp` as deadline in swap
Summary
Using block.timestamp as deadline in swap could lead to users getting worse price than expected
Vulnerability Details
In SmartVault::swap, we are using block.timestamp as deadline which means transaction will stay in the mempool for an extensive period of time without reverting which could lead to users getting worse price than expected
function swap(bytes32 _inToken, bytes32 _outToken, uint256 _amount) external onlyOwner {
uint256 swapFee = _amount * ISmartVaultManagerV3(manager).swapFeeRate() / ISmartVaultManagerV3(manager).HUNDRED_PC();
address inToken = getSwapAddressFor(_inToken);
uint256 minimumAmountOut = calculateMinimumAmountOut(_inToken, _outToken, _amount);
ISwapRouter.ExactInputSingleParams memory params = ISwapRouter.ExactInputSingleParams({
tokenIn: inToken,
tokenOut: getSwapAddressFor(_outToken),
fee: 3000,
recipient: address(this),
@> deadline: block.timestamp,
amountIn: _amount - swapFee,
amountOutMinimum: minimumAmountOut,
sqrtPriceLimitX96: 0
});
inToken == ISmartVaultManagerV3(manager).weth() ?
executeNativeSwapAndFee(params, swapFee) :
executeERC20SwapAndFee(params, swapFee);
}
Impact
Users can get worse price
Tools Used
Manual review
Recommendations
Use bounded deadline for swaps
Updates
Lead Judging Commences
hrishibhat over 1 year ago
Submission Judgement Published Reason: Non-acceptable severity
Assigned finding tags:
deadline-check-low
Prize pool breakdown
Total prize
20,000 USDC
nSLOC
60933 USDC / LOC
17,500 USDC
2,500 USDC
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