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Perennial V2 audit contest

Sherlock·Perpetuals and derivatives·24th July 2023·#71 High1 Medium

A public audit contest on Sherlock (perpetuals and derivatives), completed on 24th July 2023. 0xSimao placed #7. 2 of his findings are published: 1 high severity and 1 medium.

What Perennial V2 is

Perennial V2 is a derivatives primitive: markets define a payoff over an oracle price, takers hold long or short exposure against maker liquidity that earns funding, and keepers settle positions lazily against Pyth prices, with vaults packaging maker-side liquidity.

Scope

The market core: markets and their payoff and funding maths, vaults, the Pyth oracle bridge and the multi-invoker.

High severity findings

Medium severity findings

The contest