Summary
The update``price
__ _smoothed_price
and _obtain_price_params
function in ScrvusdOracleV2.vy
violates the "single exit point" principle, as there are two possible paths for the function to return a value.
Vulnerability Details
-
Vyper is designed to enforce a single exit point per function, meaning there should only be one return
statement at the end of the function. This is a best practice to ensure clear and predictable control flow.
-
However, this enforcement is not consistently applied in conditional statements (e.g., if
blocks).
-
Multiple Return Statements:
if new_price > current_price:
return (new_price - current_price) * 10**18
return (current_price - new_price) * 10**18
The function smoothed_price
has two return statements
if unsafe_sub(raw_price + max_change, last_price) > 2 * max_change:
return last_price + max_change if raw_price > last_price else last_price - max_change
return raw_price
The function _obtain_price_params
has two return statements
def _obtain_price_params(parameters_ts: uint256) -> PriceParams:
"""
@notice Obtain Price parameters true or assumed to be true at `parameters_ts`.
Assumes constant gain(in crvUSD rewards) through distribution periods.
@param parameters_ts Timestamp to obtain parameters for
@return Assumed `PriceParams`
"""
params: PriceParams = self.price_params
period: uint256 = self.profit_max_unlock_time
if params.last_profit_update + period >= parameters_ts:
return params ===========================================> 1
number_of_periods: uint256 = min(
(parameters_ts - params.last_profit_update) // period,
self.max_v2_duration,
)
gain: uint256 = (
params.balance_of_self * (params.total_idle + params.total_debt) // params.total_supply
)
params.total_idle += gain * number_of_periods
for _: uint256 in range(number_of_periods, bound=MAX_V2_DURATION):
new_balance_of_self: uint256 = (
params.balance_of_self
* (params.total_supply - params.balance_of_self) // params.total_supply
)
params.total_supply -= (
params.balance_of_self * params.balance_of_self // params.total_supply
)
params.balance_of_self = new_balance_of_self
if params.full_profit_unlock_date > params.last_profit_update:
params.profit_unlocking_rate = params.balance_of_self * MAX_BPS_EXTENDED // (
params.full_profit_unlock_date - params.last_profit_update
)
else:
params.profit_unlocking_rate = 0
params.full_profit_unlock_date += number_of_periods * period
params.last_profit_update += number_of_periods * period
return params ==================================================> 2
Vyper enforces the single exit point rule but it seems this enforcement is not strictly applied here
Impact
The single exit point is an invariant that is broken in this conditions. As such it is considered as a confusing inconsistency.
Tools Used
Manual review.
Recommendations:
To adhere to the single exit point principle, you can refactor the functions to use a single return
statement. Here are examples:
@view
def _smoothed_price(last_price: uint256, raw_price: uint256) -> uint256:
# Ideally should be (max_price_increment / 10**18) ** (block.timestamp - self.last_update)
# Using linear approximation to simplify calculations
max_change: uint256 = (
self.max_price_increment * (block.timestamp - self.last_update) * last_price
)
# -max_change <= (raw_price - last_price) <= max_change
smoothed_price: uint256 = raw_price # Default to raw_price
if unsafe_sub(raw_price + max_change, last_price) > 2 * max_change:
smoothed_price = last_price + max_change if raw_price > last_price else last_price - max_change
return smoothed_price # Single return statement
def _obtain_price_params(parameters_ts: uint256) -> PriceParams:
"""
@notice Obtain Price parameters true or assumed to be true at `parameters_ts`.
Assumes constant gain(in crvUSD rewards) through distribution periods.
@param parameters_ts Timestamp to obtain parameters for
@return Assumed `PriceParams`
"""
params: PriceParams = self.price_params
period: uint256 = self.profit_max_unlock_time
if params.last_profit_update + period < parameters_ts:
number_of_periods: uint256 = min(
(parameters_ts - params.last_profit_update)
self.max_v2_duration,
)
# locked shares at moment params.last_profit_update
gain: uint256 = (
params.balance_of_self * (params.total_idle + params.total_debt)
)
params.total_idle += gain * number_of_periods
# functions are reduced from `VaultV3._process_report()` given assumptions with constant gain
for _: uint256 in range(number_of_periods, bound=MAX_V2_DURATION):
new_balance_of_self: uint256 = (
params.balance_of_self
* (params.total_supply - params.balance_of_self)
)
params.total_supply -= (
params.balance_of_self * params.balance_of_self
)
params.balance_of_self = new_balance_of_self
if params.full_profit_unlock_date > params.last_profit_update:
# copy from `VaultV3._process_report()`
params.profit_unlocking_rate = params.balance_of_self * MAX_BPS_EXTENDED
params.full_profit_unlock_date - params.last_profit_update
)
else:
params.profit_unlocking_rate = 0
params.full_profit_unlock_date += number_of_periods * period
params.last_profit_update += number_of_periods * period
return params # Single return statement
def update_price(
_parameters: uint256[ALL_PARAM_CNT], _ts: uint256, _block_number: uint256
) -> uint256:
"""
@notice Update price using `_parameters`
@param _parameters Parameters of Yearn Vault to calculate scrvUSD price
@param _ts Timestamp at which these parameters are true
@param _block_number Block number of parameters to linearize updates
@return Absolute relative price change of final price with 10^18 precision
"""
access_control._check_role(PRICE_PARAMETERS_VERIFIER, msg.sender)
assert self.last_block_number <= _block_number, "Outdated"
self.last_block_number = _block_number
self.last_prices = [self._price_v0(), self._price_v1(), self._price_v2()]
self.last_update = block.timestamp
ts: uint256 = self.price_params_ts
current_price: uint256 = self._raw_price(ts, ts)
self.price_params = PriceParams(
total_debt=_parameters[0],
total_idle=_parameters[1],
total_supply=_parameters[2],
full_profit_unlock_date=_parameters[3],
profit_unlocking_rate=_parameters[4],
last_profit_update=_parameters[5],
balance_of_self=_parameters[6],
)
self.price_params_ts = _ts
new_price: uint256 = self._raw_price(_ts, _ts)
log PriceUpdate(new_price, _ts, _block_number)
price_difference: uint256 = 0
if new_price > current_price:
price_difference = (new_price - current_price) * 10**18 // current_price
else:
price_difference = (current_price - new_price) * 10**18 // current_price
return price_difference