Recently uncovered a quite covert V4 Hook logic vulnerability, and it's pretty disgusting to talk about.
Initially, I just felt something was off about the implementation mechanism of a certain Hook, so I threw its code into AI for analysis. The results were even more speechless—this Hook actually secretly siphons off the proper slippage. That's right, you heard it correctly—those extra tokens during a trade that don't flow through the official main pool are instead secretly accumulated into a dark pool.
What's even more frustrating is that these intercepted assets are not transparently displayed on-chain and can only be withdrawn periodically by whitelisted addresses. This effectively creates a hidden profit channel, completely bypassing the regulatory logic of the official main pool.
For DeFi users, this kind of design pattern represents a typical implicit risk. The seemingly normal slippage handling during transactions actually conceals a mechanism for funds to be redirected. I recommend everyone to thoroughly audit the fee logic and fund flow design when choosing Hook contracts, and don't be fooled by the superficial functionality description.
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SchrodingerAirdrop
· 01-08 22:35
Damn, can it be played like this? Dark pool siphoning and slippage, isn't this just a live rug pull?
This whitelist withdrawal trick is so shady, it's basically opening a backdoor for insiders.
Luckily, someone exposed it, or how many people would have been hooked by this hook to the point of despair?
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GateUser-ccc36bc5
· 01-08 13:51
Wow, so this is the dark pool trick. No wonder the trades always feel like they have some slippage. Thinking about it carefully, it's terrifying.
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GateUser-e51e87c7
· 01-07 15:21
Wow, this kind of behind-the-scenes manipulation is really incredible. No wonder I don't dare to touch so many projects.
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SatoshiHeir
· 01-07 00:13
Another Ponzi scheme disguised as DeFi, let me expose its true nature...
Dark pool front-running slippage? That logical loophole is truly disgusting, undeniably violating the fundamental transparency principle of blockchain technology.
V4 Hook is causing trouble again, secretly allowing whitelisted addresses to withdraw funds. Isn't this just a variant of centralization?
It should be pointed out that this kind of hidden profit channel is completely contrary to Satoshi Nakamoto's original intention.
No wonder some projects claim to be "completely decentralized," yet their code is full of small tricks.
On-chain data shows that such vulnerabilities are appearing more and more frequently, and we need to be vigilant.
Audits? Easy to say, most users simply don't have the ability to understand the fee logic.
That's why I keep saying that those who don't delve into the contract source code will eventually pay the price.
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SnapshotLaborer
· 01-06 09:56
Damn, this scheme is absolutely brilliant—openly fleecing you while secretly accumulating dirty money behind the scenes. It's truly impossible to guard against.
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TopBuyerBottomSeller
· 01-06 09:51
Now, this is crazy. Hook can even do black-box operations, and I have no idea where my slippage went.
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GasOptimizer
· 01-06 09:50
Another dark pool black hole. Data asymmetry = loss of capital efficiency. Designs like this are playing with fire.
Hook for sneaky slippage? Forget it, this is essentially a hidden tax. Whitelisted withdrawals, I’ve done the math—either get exploited or become the big loser providing liquidity.
On-chain transparency ultimately still falls to zero. Logic that can’t be audited is equivalent to having no logic at all. Choosing hooks should be as rigorous as auditing gas consumption.
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MrDecoder
· 01-06 09:42
Damn, is this kind of backdoor operation again? The V4 ecosystem is getting dirtier and dirtier.
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AlwaysMissingTops
· 01-06 09:36
Wow, this move is too dirty. Using dark pools to sneak in slippage is really genius.
Recently uncovered a quite covert V4 Hook logic vulnerability, and it's pretty disgusting to talk about.
Initially, I just felt something was off about the implementation mechanism of a certain Hook, so I threw its code into AI for analysis. The results were even more speechless—this Hook actually secretly siphons off the proper slippage. That's right, you heard it correctly—those extra tokens during a trade that don't flow through the official main pool are instead secretly accumulated into a dark pool.
What's even more frustrating is that these intercepted assets are not transparently displayed on-chain and can only be withdrawn periodically by whitelisted addresses. This effectively creates a hidden profit channel, completely bypassing the regulatory logic of the official main pool.
For DeFi users, this kind of design pattern represents a typical implicit risk. The seemingly normal slippage handling during transactions actually conceals a mechanism for funds to be redirected. I recommend everyone to thoroughly audit the fee logic and fund flow design when choosing Hook contracts, and don't be fooled by the superficial functionality description.