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Home»HACKING NEWS»Сow Protocol: ComposableCoW and ExtensibleFallbackHandler Audit Summary
HACKING NEWS

Сow Protocol: ComposableCoW and ExtensibleFallbackHandler Audit Summary

By Crypto FlexsApril 15, 20243 Mins Read
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Сow Protocol: ComposableCoW and ExtensibleFallbackHandler Audit Summary
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CoW Swap is the first trading interface built on the CoW protocol. CoW Swap is a Meta DEX aggregator that allows you to buy and sell tokens using gasless orders settled peer-to-peer between users or settled with on-chain liquidity sources, while providing protection from MEV.

cow protocol We performed a security review of ComposableCoW and ExtensibleFallbackHandler leveraging Ackee Blockchain, with total time donations as follows: 8 engineering days in the period between July 18th and July 28, 2023.

methodology

We use static analysis tools, namely wake up. We then took a closer look at the logic of the contract. For testing we wake up Test framework. During the review process, we paid special attention to the following:

  • replay attack
  • Signature Verification
  • Payload manipulation
  • Possible re-entry detection
  • Verify that the system’s calculations are correct
  • Accuracy of data encoding/decoding
  • ERC-1271 compliance
  • I’m looking for common problems like data validation.

range

The audit was conducted in the following scope:

A review has been performed on the specified commit. Revision 1.0:

  • 27ec79b For ComposableCow
  • 11273c1 For ExtensibleFallbackHandler

Revision 1.2 was done in the ComposableCow commit. bd2634dThe ExtensibleFallbackHandler commit has not changed since Revision 1.1.

result

Here we have our result.

critical severity

C1: StopLoss arithmetic mismatch

Severity High

No high severity issues were found.

medium severity

M1: Oracle data validation

low severity

L1: Constructor data validation

warning severity

W1: GPv2Order data tampering

W2: Revert condition mismatch

W3: Vulnerable MerkleProof library

W4: GoodAfterTime order is missing recipient address.

Information Severity

I1: Unnecessary SafeMath

I2: Missing cabinet organization

I3: Error in documentation

I4: Specify TradeAboveThreshold order recipient name

I5: mismatch error

I6: Commented code

I7: Inconsistent naming

conclusion

The review resulted in 14 findings ranging in severity from informational to critical. important issue C1: StopLoss arithmetic mismatch Modified according to our recommendations and M1: Oracle data validation The issue has been implemented correctly (revision 1.2).

Other issues include low-severity data validation, warnings, and informational findings, which are recommendations rather than issues. The overall code quality and architecture are professional. The entire project is well documented, with in-code NatSpec documentation and detailed explanations.

Ackee Blockchain recommends the CoW protocol.

  • To add Oracle data validation
  • Know about zero address verification
  • To unify syntax and naming
  • We resolve all reported issues.

As of revision 1.2, the L1: constructor data validation issue has been acknowledged and all other issues have been fixed.

Ackee blockchain is full COW Protocol You can find the audit report with a more detailed description of all findings and recommendations. here.

We were happy to give our thanks. cow protocol We look forward to working with them again.

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