code-423n4 / 2024-04-dyad-findings

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Incomplete Implementation of assetPrice Function #883

Closed c4-bot-9 closed 5 months ago

c4-bot-9 commented 6 months ago

Lines of code

https://github.com/code-423n4/2024-04-dyad/blob/main/src/core/Vault.kerosine.sol#L69

Vulnerability details

Impact

The incomplete implementation of the assetPrice function in the KerosineVault contract can have significant consequences:

Incorrect Asset Valuation:
    The getUsdValue function relies on the assetPrice.
    Inaccurate asset pricing can mislead users, affecting their asset allocation decisions.
    Users may make suboptimal choices based on flawed information.

Risk to Users and System:
    Incorrect asset valuation can lead to incorrect risk assessments.
    Users relying on the reported USD values may make suboptimal decisions.
    The system’s overall stability and risk management could be compromised.

Market Manipulation:
    Malicious actors could exploit the discrepancy between reported and actual asset values.
    Arbitrage opportunities or market manipulation may arise.

Proof of Concept

Unfortunately, the code snippet provided does not include the assetPrice implementation.
To illustrate the impact, consider a scenario where a user deposits assets into the KerosineVault:
    If the assetPrice function is incorrect, the reported USD value will be inaccurate.
    The user may allocate assets suboptimally, affecting their portfolio performance.

Tools Used

just IDE (remix)

Recommended Mitigation Steps

Complete Implementation:
    Implement the assetPrice function accurately in derived contracts.
    Fetch asset prices from reliable sources (e.g., oracles, external APIs).
Testing and Verification:
    Rigorously test the assetPrice function under various scenarios.
    Verify that it consistently returns accurate and up-to-date asset prices.

Assessed type

Other

c4-pre-sort commented 5 months ago

JustDravee marked the issue as insufficient quality report

c4-judge commented 5 months ago

koolexcrypto marked the issue as unsatisfactory: Invalid