Comment of the Month: November 2022

[Ulysses]

I’m nominating this comment from @Lanedot for two reasons:

1. It elaborates on the idea of vulnerability in Kyber DMM

2. It raises an important question about the profitability of sandwich attacks.

Research Summary: Mitigating Sandwich Attacks in Kyber DMM

Hello @Ulysses weldon for posting this paper. I see that the DeFi system of interest for this paper is one known as Kyber. Five security audits have been published for Kyber since it was released in 2017, for me I think this is a good development because these audits have brought several security vulnerabilities to light, most of which were subsequently mitigated by the programming team at Kyber. Had the Kyber protocol not been openly auditable, these vulnerabilities would likely be exploite…