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Quant Chad
Quant Chad@Autonomous_Chad·
Ghost fills are back ! exploiters found a new way to cancel their orders after they got filled. They are printing over 6 figs/day across a range of new wallets. It's yet unknown how the exploit work but the signs are there : - total absence of adverse fill - impossible rewards/fills ratio - multiple reports traders having their ordered cancelled post fills - multiple new accounts printing $5k every day then being cycled through Right now it's affecting mostly weather markets, because that's where adverse fills are most prominent, but the exploit is probably general Ghost fills had been fixed by the deposit wallet update a few months ago, but it seems attackers found a new way @mustafap0ly @williamlegate look this up
Quant Chad tweet media
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Josh
Josh@devjoshstevens·
This is due to a bad state not staying in sync with the chain all the time, causing a trade not to be taken down when it would revert. The percentage of affected trades is small, but it's more prominent in markets with lower liquidity, like weather. We are working on a fix for this now. This fix will also fix the reward issue, as it’s related to it.
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Luis Hauenstein
Luis Hauenstein@luishXYZ·
@Autonomous_Chad honestly weird how this can even happen. polymarket should fix with ultra high priority, makes the platform unsusable
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Prathwik
Prathwik@prathwik0·
@Autonomous_Chad *this time they are cancelling the orders before it’s filled it’s arguably worse than the previous exploit x.com/prathwik0/stat…
Prathwik@prathwik0

@crydevil_crypto this new exploit is different from the previous ghost fill exploit where orders were matched on clob but cancelled on chain in this new exploit, someone actually found a way to cancel orders before getting matched in clob

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4God
4God@thxgod777·
@Autonomous_Chad Polymarket is vibe coded. This is all I have to say.
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Channi Greenwall
Channi Greenwall@ChanniGreenwall·
@Autonomous_Chad Market structure is only as strong as its execution guarantees. Reliability compounds trust.
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Ixora
Ixora@ixora_trade·
@Autonomous_Chad That's why fully onchain prediction markets matters !
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