infosec

The root cause of the @ImpermaxFinance  attack is the mispricing of Uniswap V3 NFTs.

The way it's pricing its NFT is using fair-pricing (which is robust against flashloan attacks!), but the fees' value are directly calculated:

price = (amount0_after_fair_pricing + fee0) * https://t.co/LeMFUVmaCT

Weilin (William) Li

looks like it wasn't priced in.
https://x.com/hklst4r/status/1916164701597089826

𝖒𝖆𝖓𝖉𝖆𝖙𝖚𝖒 𝖆𝖉 𝖆𝖘𝖙𝖗𝖆

Market reaction often lags behind major news events. Investors may need time to process and adjust their positions accordingly.