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GMX: It is recommended that the GMX V1 fork project disable leverage and limit token minting to prevent risks

By: odaily.com|2025/07/09 15:01:34

Odaily News GMX issued an emergency notice on the X platform, targeting all GMX V1 fork projects, GMX V1 has been attacked. The following actions can be taken to reduce the risk:
Disable leverage: Call Vault.setIsLeverageEnabled(false) to turn it off; if Vault Timelock is used, call Timelock.setShouldToggleIsLeverageEnabled(false).
Set maxUsdgAmounts to 1 for all tokens: Use Vault.setTokenConfig or Timelock.setTokenConfig to prevent GLP from being minted further.
Please note that this value must be set to 1, not 0, because setting it to 0 means there is no upper limit, which will cause the vulnerability to be continuously exploitable.

MyStonks obtains US FinCEN MSB license and enters the international digital securities market in compliance with regulations

pump.fun official confirmation that the token public sale will take place on July 12, with an airdrop to follow.