GMX: It is recommended that the GMX V1 fork project disable leverage and limit token minting to prevent risks

By: odaily.com|2025/07/09 23:01:34

Odaily News GMX issued an emergency notice on the X platform, targeting all GMX V1 fork projects, GMX V1 has been attacked. The following actions can be taken to reduce the risk:
Disable leverage: Call Vault.setIsLeverageEnabled(false) to turn it off; if Vault Timelock is used, call Timelock.setShouldToggleIsLeverageEnabled(false).
Set maxUsdgAmounts to 1 for all tokens: Use Vault.setTokenConfig or Timelock.setTokenConfig to prevent GLP from being minted further.
Please note that this value must be set to 1, not 0, because setting it to 0 means there is no upper limit, which will cause the vulnerability to be continuously exploitable.

-- Price

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