GMX: Suggest disabling leverage and limiting token minting for GMX V1 fork project to prevent risks

律动BlockBeats|Jul 09, 2025 14:53
BlockBeats News: On July 9th, GMX issued an emergency notice stating that GMX V1 has been attacked for all GMX V1 fork projects. Risk can be reduced by the following actions:
·Disable leverage function: You can call Vault. setIsAverageEnabled (false) to turn it off; If Vault Timelock is used, call Timelock. setHouldToggleIsLeverage Enabled (false).
·Set the maxUsdgAmounts of all tokens to "1": use Vault.setTokenConfig or Timelock.setTokenConfig to prevent GLP from being further minted.
Please note that the value must be set to "1" instead of "0", as setting it to 0 means there is no upper limit, which can actually lead to the vulnerability being continuously exploitable.
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