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T1MOH - getMarkPrice() doesn't check If Arbitrum sequencer is down in Chainlink feeds #115

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sherlock-admin opened this issue May 10, 2023 · 0 comments
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sherlock-admin commented May 10, 2023

T1MOH

medium

getMarkPrice() 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 getMarkPrice() external view returns (uint256 price) {
        int256 rawPrice;
        uint256 updatedAt;
        (, rawPrice, , updatedAt, ) = IChainlink(chainlink).latestRoundData();
        (, int256 USDCPrice,, uint256 USDCUpdatedAt,) = IChainlink(USDCSource).latestRoundData();
        require(
            block.timestamp - updatedAt <= heartbeatInterval,
            "ORACLE_HEARTBEAT_FAILED"
        );
        require(block.timestamp - USDCUpdatedAt <= heartbeatInterval, "USDC_ORACLE_HEARTBEAT_FAILED");
        uint256 tokenPrice = (SafeCast.toUint256(rawPrice) * 1e8) / SafeCast.toUint256(USDCPrice);
        return tokenPrice * 1e18 / decimalsCorrection;
    }

Refer to this issue sherlock-audit/2023-02-bond-judging#1

Impact

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

Code Snippet

https://github.com/sherlock-audit/2023-04-jojo/blob/main/smart-contract-EVM/contracts/adaptor/chainlinkAdaptor.sol#L43-L55

Tool used

Manual Review

Recommendation

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

Duplicate of #101

@github-actions github-actions bot added Medium A valid Medium severity issue Duplicate A valid issue that is a duplicate of an issue with `Has Duplicates` label labels May 17, 2023
@sherlock-admin sherlock-admin added the Reward A payout will be made for this issue label May 30, 2023
@sherlock-admin sherlock-admin added Non-Reward This issue will not receive a payout and removed Medium A valid Medium severity issue Duplicate A valid issue that is a duplicate of an issue with `Has Duplicates` label Reward A payout will be made for this issue labels Jun 19, 2023
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