Trail of Bits

Frax

Type

Security review

Client

Frax Finance

Date

2022-05

Domain

Blockchain

Effort

4 wks

Section

Frax Finance

Trail of Bits's security review of Frax Finance (May 2022) identified 6 issues: 4 high, 1 medium, and 1 low.

Findings · 6

  1. 1 Risk of unexpected results when long-term swaps involving rebasing tokens are canceled High
  2. 2 Missing liquidity checks when initiating long-term swaps High
  3. 3 Missing events in several contracts Low
  4. 4 Unsafe integer conversions in FPIControllerPool High
  5. 5 leveragedPosition and repayAssetWithCollateral do not update the exchangeRate High
  6. 6 Risk of hash collisions in FraxLendPairDeployer that could block certain deployments Medium

Findings extracted from the published report PDF. See the full report below for details and remediation.

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