Platform: Code4rena
Start Date: 14/06/2022
Pot Size: $100,000 USDC
Total HM: 26
Participants: 59
Period: 7 days
Judge: GalloDaSballo
Total Solo HM: 9
Id: 133
League: ETH
Rank: 21/59
Findings: 4
Award: $1,180.11
🌟 Selected for report: 0
🚀 Solo Findings: 0
440.2368 USDC - $440.24
2725.9244 CANTO - $440.24
CNote is vulnerable to re-entrancy because it doesn't implement CEI (check-effect-interaction) pattern for borrow functionality. borrowFresh() and redeemFresh() function are vulnerable to re-entrancy attack.
BorrowFresh/RedeemFresh is vulnerable to re-entrancy attack. (https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/CNote.sol#L31)
As an example You decided to support ERC777 Token. On the cream finance hack, you can clearly see an attack vector. You don't need deploy malicious token. You just deploy ERC777 token.
On the CreamFinance hack, The AMP token contract implements ERC777, which has the _callPostTransferHooks hook that triggers tokensReceived() function that was implemented by the recipient. The reentrancy opportunity related to ERC-777-style transfer hooks allowed the exploiter to nest a second borrow() function inside the token transfer() before the initial borrow() was updated.
Impact of the vulnerability right now is 0 if there aren't any ERC777 (or any other ERC20 that does the callback) added to the protocol. But in the future it may be possible that such token could be added. Cream finance was hacked same way Cream finance was exploited using the same vulnerability when they integrated AMP ERC777 token (https://medium.com/cream-finance/c-r-e-a-m-finance-post-mortem-amp-exploit-6ceb20a630c5)
The following steps can be seen from the PoC.
Additional Info :
How did the CREAM attack work?
As we already saw, the order of the CREAM borrow function was vulnerable to reentrancy. Furthermore, a coin that allowed an attackerto execute code during a transfer was added to the list of tokens supported by CREAM.
However, the CREAM lending pool contracts did have reentrancy locks on their contract functions. How did the contracts get hacked when they had protection here?
The CREAM lending system is made up of multiple contracts with one "CToken" pool contract for each asset supported. So CREAM has a lending contract for ETH, as it does for USDC, as it does for AMP, etc. Each one of these individual lending contracts has its own separate lock for protecting that individual contract against reentrancy.
However, the system as a whole is not protected because an attacker could be inside different lending pool contracts simultaneously.
In each round of this attack, the attacker put up one and a half million dollars of collateral, then borrowed AMP. During the borrow function for in the AMP pool contract, the AMP coin called the attackers code, allowing the attacker to start a second borrow of ETH. Because the AMP borrow had not written any record of the AMP borrow to storage yet, when the ETH borrow in the ETH pool contract checked with all pool contracts to see how much the attacker had already borrowed, it saw that the attacker had no debts and lots of collateral, and thus allowed a duplicate ETH borrow.
Code Review
Follow Check Effect Interaction Pattern
///////////////////////// // EFFECTS & INTERACTIONS // (No safe failures beyond this point) /* We write the previously calculated values into storage */ accountBorrows[borrower].principal = vars.accountBorrowsNew; accountBorrows[borrower].interestIndex = borrowIndex; totalBorrows = vars.totalBorrowsNew; /* * We invoke doTransferOut for the borrower and the borrowAmount. * Note: The pToken must handle variations between ERC-20 and ETH underlying. * On success, the pToken borrowAmount less of cash. * doTransferOut reverts if anything goes wrong, since we can't be sure if side effects occurred. */ doTransferOut(borrower, borrowAmount);
Reference : https://twitter.com/CreamdotFinance/status/1432249771750686721
https://github.com/OriginProtocol/security/blob/master/incidents/2021-08-31-Cream.md
#0 - GalloDaSballo
2022-08-10T22:58:32Z
Dup of #311
🌟 Selected for report: joestakey
Also found by: 0x1f8b, 0x29A, 0x52, 0xDjango, 0xNazgul, 0xf15ers, 0xmint, Bronicle, Dravee, Funen, JMukesh, Limbooo, MadWookie, Picodes, Ruhum, TerrierLover, TomJ, Tutturu, WatchPug, Waze, _Adam, asutorufos, c3phas, catchup, cccz, codexploder, cryptphi, csanuragjain, defsec, fatherOfBlocks, gzeon, hake, hansfriese, hyh, ignacio, k, nxrblsrpr, oyc_109, robee, sach1r0, saian, simon135, technicallyty, zzzitron
72.3808 USDC - $72.38
687.9945 CANTO - $111.11
The afunctions that change critical parameters should emit events. Events allow capturing the changed parameters so that off-chain tools/interfaces can register such changes with timelocks that allow users to evaluate them and consider if they would like to engage/exit based on how they perceive the changes as affecting the trustworthiness of the protocol or profitability of the implemented financial services. The alternative of directly querying on-chain contract state for such changes is not considered practical for most users/usages.
Missing events and timelocks do not promote transparency and if such changes immediately affect users’ perception of fairness or trustworthiness, they could exit the protocol causing a reduction in liquidity which could negatively impact protocol TVL and reputation.
https://github.com/Plex-Engineer/stableswap/blob/489d010eb99a0885139b2d5ed5a2d826838cc5f9/contracts/BaseV1-core.sol#L497 https://github.com/Plex-Engineer/stableswap/blob/489d010eb99a0885139b2d5ed5a2d826838cc5f9/contracts/BaseV1-core.sol#L507
See similar High-severity H03 finding OpenZeppelin’s Audit of Audius (https://blog.openzeppelin.com/audius-contracts-audit/#high) and Medium-severity M01 finding OpenZeppelin’s Audit of UMA Phase 4 (https://blog.openzeppelin.com/uma-audit-phase-4/)
None
Add events to all functions that change critical parameters.
The critical procedures should be two step process.
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L826
Code Review
Lack of two-step procedure for critical operations leaves them error-prone. Consider adding two step procedure on the critical functions.
In the contracts, floating pragmas should not be used. Contracts should be deployed with the same compiler version and flags that they have been tested with thoroughly. Locking the pragma helps to ensure that contracts do not accidentally get deployed using, for example, an outdated compiler version that might introduce bugs that affect the contract system negatively.
https://swcregistry.io/docs/SWC-103
All Contracts
Manual code review
Lock the pragma version: delete pragma solidity 0.8.10 in favor of pragma solidity 0.8.10.
Missing checks for zero-addresses may lead to infunctional protocol, if the variable addresses are updated incorrectly.
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/NoteInterest.sol#L73 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Governance/GovernorBravoDelegate.sol#L24
Code Review
Consider adding zero-address checks in the discussed constructors: require(newAddr != address(0));.
Line Reference
I can verify that the installed version is 4.2.0 by executing the following commands:
yarn install yarn list @openzeppelin/contracts
Update the versions of @openzeppelin/contracts and @openzeppelin/contracts-upgradeable to be the latest in package.json. I also recommend double checking the versions of other dependencies as a precaution, as they may include important bug fixes.
#0 - GalloDaSballo
2022-08-02T01:26:13Z
Valid NC
Valid NC
Valid NC
There is a zero address check
Disagree in lack of reasoning
Good old C4udit
3 NC
🌟 Selected for report: _Adam
Also found by: 0v3rf10w, 0x1f8b, 0x29A, 0xKitsune, 0xNazgul, 0xf15ers, 0xkatana, 0xmint, Chom, Dravee, Fitraldys, Funen, JC, Limbooo, MadWookie, Picodes, Ruhum, TerrierLover, TomJ, Tomio, Waze, ak1, c3phas, catchup, defsec, fatherOfBlocks, gzeon, hake, hansfriese, joestakey, k, oyc_109, rfa, robee, sach1r0, saian, simon135, ynnad
52.0431 USDC - $52.04
396.9199 CANTO - $64.10
[S]: Suggested optimation, save a decent amount of gas without compromising readability;
[M]: Minor optimation, the amount of gas saved is minor, change when you see fit;
[N]: Non-preferred, the amount of gas saved is at cost of readability, only apply when gas saving is a top priority.
> 0
can be replaced with != 0
for gas optimizationShortening revert strings to fit in 32 bytes will decrease deploy time gas and will decrease runtime gas when the revert condition has been met.
Revert strings that are longer than 32 bytes require at least one additional mstore, along with additional overhead for computing memory offset, etc.
Revert strings > 32 bytes are here:
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/WETH.sol#L29 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Governance/GovernorBravoDelegate.sol#L45 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Governance/GovernorBravoDelegate.sol#L164
Manual Review
Shorten the revert strings to fit in 32 bytes. That will affect gas optimization.
For the arithmetic operations that will never over/underflow, using the unchecked directive (Solidity v0.8 has default overflow/underflow checks) can save some gas from the unnecessary internal over/underflow checks.
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1347 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L126 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L735 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L959 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1106 https://github.com/Plex-Engineer/stableswap/blob/489d010eb99a0885139b2d5ed5a2d826838cc5f9/contracts/BaseV1-core.sol#L207
None
Consider applying unchecked arithmetic where overflow/underflow is not possible. Example can be seen from below.
Unchecked{i++};
Since _amount can be 0. Checking if (_amount != 0) before the transfer can potentially save an external call and the unnecessary gas cost of a 0 token transfer.
https://github.com/Plex-Engineer/stableswap/blob/489d010eb99a0885139b2d5ed5a2d826838cc5f9/contracts/BaseV1-core.sol#L319
All Contracts
None
Consider checking amount != 0.
Boolean is default initialized to false. There is no need assign false to variable.
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1347 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L126 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L735 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L959 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1106 https://github.com/Plex-Engineer/stableswap/blob/489d010eb99a0885139b2d5ed5a2d826838cc5f9/contracts/BaseV1-core.sol#L207
Code Review
bool x = false costs more gas than bool x without having any different functionality.
Using double require instead of operator && can save more gas.
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1411
Code Review
Example
using &&: function check(uint x)public view{ require(x == 0 && x < 1 ); } // gas cost 21630 using double require: require(x == 0 ); require( x < 1); } } // gas cost 21622
Strict inequalities add a check of non equality which costs around 3 gas.
contracts/contracts/core/connext/facets/BridgeFacet.sol::293 => if (_args.params.callback == address(0) && _args.params.callbackFee > 0) { contracts/contracts/core/connext/facets/BridgeFacet.sol::499 => if (_amount > 0) { contracts/contracts/core/connext/facets/BridgeFacet.sol::665 => if (pathLength > 0) // make sure routers are all approved if needed contracts/contracts/core/connext/facets/ProposedOwnableFacet.sol::240 => // NOTE: no need to check if _proposedOwnershipTimestamp > 0 because contracts/contracts/core/connext/facets/StableSwapFacet.sol::416 => if (i > 0) { contracts/contracts/core/connext/helpers/ConnextPriceOracle.sol::150 => require(baseTokenPrice > 0, "invalid base token"); contracts/contracts/core/connext/helpers/ProposedOwnableUpgradeable.sol::276 => // NOTE: no need to check if _proposedOwnershipTimestamp > 0 because contracts/contracts/core/connext/helpers/SponsorVault.sol::217 => if (sponsoredFee > 0) { contracts/contracts/core/connext/helpers/StableSwap.sol::82 => if (i > 0) { contracts/contracts/core/connext/libraries/AmplificationUtils.sol::86 => require(futureA_ > 0 && futureA_ < MAX_A, "futureA_ must be > 0 and < MAX_A"); contracts/contracts/core/connext/libraries/LibDiamond.sol::121 => require(_functionSelectors.length > 0, "LibDiamondCut: No selectors in facet to cut"); contracts/contracts/core/connext/libraries/LibDiamond.sol::139 => require(_functionSelectors.length > 0, "LibDiamondCut: No selectors in facet to cut"); contracts/contracts/core/connext/libraries/LibDiamond.sol::158 => require(_functionSelectors.length > 0, "LibDiamondCut: No selectors in facet to cut"); contracts/contracts/core/connext/libraries/LibDiamond.sol::226 => require(_calldata.length > 0, "LibDiamondCut: _calldata is empty but _init is not address(0)"); contracts/contracts/core/connext/libraries/LibDiamond.sol::232 => if (error.length > 0) { contracts/contracts/core/connext/libraries/LibDiamond.sol::247 => require(contractSize > 0, _errorMessage); contracts/contracts/core/connext/libraries/SwapUtils.sol::369 => if (supply > 0) { contracts/contracts/core/connext/libraries/SwapUtils.sol::670 => if (dyAdminFee > 0) { contracts/contracts/core/connext/libraries/SwapUtils.sol::711 => if (dxAdminFee > 0) { contracts/contracts/core/connext/libraries/SwapUtils.sol::765 => if (dyAdminFee > 0) { contracts/contracts/core/connext/libraries/SwapUtils.sol::799 => if (dxAdminFee > 0) { contracts/contracts/core/connext/libraries/SwapUtils.sol::845 => require(v.totalSupply != 0 || amounts[i] > 0, "Must supply all tokens in pool"); contracts/contracts/core/connext/libraries/SwapUtils.sol::965 => if (adminFee > 0) {
Code Review
Use >= or <= instead of > and < when possible.
Custom errors from Solidity 0.8.4 are cheaper than revert strings (cheaper deployment cost and runtime cost when the revert condition is met)
Source Custom Errors in Solidity:
Starting from Solidity v0.8.4, there is a convenient and gas-efficient way to explain to users why an operation failed through the use of custom errors. Until now, you could already use strings to give more information about failures (e.g., revert("Insufficient funds.");), but they are rather expensive, especially when it comes to deploy cost, and it is difficult to use dynamic information in them.
Custom errors are defined using the error statement, which can be used inside and outside of contracts (including interfaces and libraries).
Instances include:
All require Statements
Code Review
Recommended to replace revert strings with custom errors.
A division/multiplication by any number x being a power of 2 can be calculated by shifting log2(x) to the right/left.
While the DIV opcode uses 5 gas, the SHR opcode only uses 3 gas. Furthermore, Solidity's division operation also includes a division-by-0 prevention which is bypassed using shifting.
Contracts
None
A division/multiplication by any number x being a power of 2 can be calculated by shifting log2(x) to the right/left.
Reading array length at each iteration of the loop takes 6 gas (3 for mload and 3 to place memory_offset) in the stack.
Caching the array length in the stack saves around 3 gas per iteration.
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1347 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L126 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L735 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L959 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1106 https://github.com/Plex-Engineer/stableswap/blob/489d010eb99a0885139b2d5ed5a2d826838cc5f9/contracts/BaseV1-core.sol#L207
None
Consider to cache array length.
Solidity 0.6.5 introduced immutable as a major feature. It allows setting contract-level variables at construction time which gets stored in code rather than storage.
Consider the following generic example:
contract C { /// The owner is set during contruction time, and never changed afterwards. address public owner = msg.sender; }
In the above example, each call to the function owner() reads from storage, using a sload. After EIP-2929, this costs 2100 gas cold or 100 gas warm. However, the following snippet is more gas efficient:
contract C { /// The owner is set during contruction time, and never changed afterwards. address public immutable owner = msg.sender; }
In the above example, each storage read of the owner state variable is replaced by the instruction push32 value, where value is set during contract construction time. Unlike the last example, this costs only 3 gas.
None
Consider using immutable variable.
In some cases, having function arguments in calldata instead of memory is more optimal.
Consider the following generic example:
contract C { function add(uint[] memory arr) external returns (uint sum) { uint length = arr.length; for (uint i = 0; i < arr.length; i++) { sum += arr[i]; } } }
In the above example, the dynamic array arr has the storage location memory. When the function gets called externally, the array values are kept in calldata and copied to memory during ABI decoding (using the opcode calldataload and mstore). And during the for loop, arr[i] accesses the value in memory using a mload. However, for the above example this is inefficient. Consider the following snippet instead:
contract C { function add(uint[] calldata arr) external returns (uint sum) { uint length = arr.length; for (uint i = 0; i < arr.length; i++) { sum += arr[i]; } } }
In the above snippet, instead of going via memory, the value is directly read from calldata using calldataload. That is, there are no intermediate memory operations that carries this value.
Gas savings: In the former example, the ABI decoding begins with copying value from calldata to memory in a for loop. Each iteration would cost at least 60 gas. In the latter example, this can be completely avoided. This will also reduce the number of instructions and therefore reduces the deploy time cost of the contract.
In short, use calldata instead of memory if the function argument is only read.
Note that in older Solidity versions, changing some function arguments from memory to calldata may cause "unimplemented feature error". This can be avoided by using a newer (0.8.*) Solidity compiler.
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L122
None
Some parameters in examples given above are later hashed. It may be beneficial for those parameters to be in memory rather than calldata.
++i is more gas efficient than i++ in loops forwarding.
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1347 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L126 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L735 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L959 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1106 https://github.com/Plex-Engineer/stableswap/blob/489d010eb99a0885139b2d5ed5a2d826838cc5f9/contracts/BaseV1-core.sol#L207
Code Review
It is recommend to use unchecked{++i} and change i declaration to uint256.
> 0
can be replaced with != 0
for gas optimization!= 0
is a cheaper operation compared to > 0
, when dealing with uint.
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1215 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1221 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1311 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Comptroller.sol#L1379
None
Consider to replace > 0
with != 0
for gas optimization.
The contracts assigns two constants to the result of a keccak operation, which results in gas waste since the expression is computed each time the constant is accessed.
See this issue for more context: ethereum/solidity#9232 (https://github.com/ethereum/solidity/issues/9232)
https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Governance/GovernorBravoDelegate.sol#L15 https://github.com/Plex-Engineer/lending-market/blob/755424c1f9ab3f9f0408443e6606f94e4f08a990/contracts/Governance/GovernorBravoDelegate.sol#L18
None
Replace the constant directive with immutable, or assign the already hashed value to the constants.
#0 - GalloDaSballo
2022-08-04T00:21:52Z
2.1k from the immutable, rest is less than 500