📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Design flaws in the DEX led to the theft of $42 million, and GLP price manipulation has raised security concerns.
[Golden Finance] Slow Mist Yuxian stated on social media: "The fundamental reason for the theft of 42 million USD from a certain DEX last night is that this DEX v1 immediately updates the global short average price (globalShortAveragePrices) when handling short positions, and this global average price will directly affect the calculation of total assets scale (AUM), thereby leading to the manipulation of GLP Token price.
The attacker exploited this design flaw through the Keeper, which would enable the feature timelock.enableLeverage during order execution (, creating the necessary conditions for large short positions ). By using a reentrancy method, they successfully created large short positions to manipulate the global average price, artificially raising the GLP price in a single transaction and profiting from the redemption operation.
Doing DeFi is indeed a high-risk venture. This DEX is a very established decentralized perpetual trading platform, and this time it has also fallen into a big pit. The 10% white hat bounty strategy is hard to say whether it will tempt attackers...