Probabilistic Liquidity Attacks in DeFi

Name: Probabilistic Liquidity Attacks in DeFi
Uploaded: 2022-10-24T10:36:16.000Z
Duration: 18 min 18 s
Description: Tarun Chitra, CEO and co-founder of Gauntlet, recounts the xSUSHI incident at Aave, where the exchange rate of a derivative token could potentially be manipulated, and how a group tested the risk live in a war room. He applies probabilistic and Bayesian analysis to bound the likelihood and cost of such attacks and generalizes to TWAP manipulation. At DeFi Security Summit 2022.

DeFi Security Summit 2022 · 28 Aug 2022 · 18:18

Tarun Chitra, CEO and co-founder of Gauntlet, recounts the xSUSHI incident at Aave, where the exchange rate of a derivative token could potentially be manipulated, and how a group tested the risk live in a war room. He applies probabilistic and Bayesian analysis to bound the likelihood and cost of such attacks and generalizes to TWAP manipulation. At DeFi Security Summit 2022.

Speakers

Tarun Chitra

Topics

Security
Exploits
Lending & Borrowing
DeFi

From DeFi Security Summit 2022, hosted by DeFi Security Summit.