DeFi· ★★★· bearish·

Trader Rune: PaperTrade docs disclose BBO price manipulation risk at protocol level

  • —Rune: PaperTrade docs acknowledge BBO price manipulation risk at protocol level
  • —Flaw touches contract economics, risk exposure controls and permissions
  • —boblob: two wallets exploited the bug with about $20 million in trades
  • —The trades moved ETH price on Hyperliquid by 10–20 basis points
Why it matters: If left unfixed, the flaw could undermine PaperTrade's sustainability and trader confidence in the protocol and Hyperliquid liquidity.
Source: ChainCatcher 链捕手