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Security review · May 2025

Hyperliquid OFT Deployment

for Abracadabra Money

Guardian's review of Hyperliquid OFT Deployment for Abracadabra Money, published May 2025. The report records 3 findings, including 1 low and 2 informational.

Published
Review window
May 20 to 21, 2025
Language
Solidity
Chains
Hyperliquid
Sector
Cross-chain, Stablecoins
  • 0 Critical
  • 0 High
  • 0 Medium
  • 1 Low
  • 2 Informational

1 resolved · 2 acknowledged

Scope

Findings 3

  1. L-01 Low Incorrect Safe Address Used Validation Resolved

    Description

    The safeAddress for Hyperliquid is set to NIBI_SAFE_ADDRESS instead of the HYPER_SAFE_ADDRESS, hence the intended multi-sig will not be used as the signer for LZ transactions. (Figure. See the PDF report.)

    Recommendation

    Update the safeAddress to HYPER_SAFE_ADDRESS.

  2. I-01 Informational HyperEVM Block Confirmation Warning Warning Acknowledged

    Description

    The current block confirmations required for HyperEVM is set to 20, which is relatively quick at 2 seconds/block. Although the re-org risks are relatively unknown for HyperEVM, it may be prudent to increase or closely monitor the necessary block confirmations.

    Recommendation

    Consider closely monitoring or increase the HyperEVM block confirmations.

  3. I-02 Informational MIM DVN Not Deployed on Hyperliquid Warning Acknowledged
    Location
    Global

    Description

    The MIM DVN is currently not listed at https://metadata.layerzero-api.com/v1/metadata/deployments for Hyperliquid although the OFT intends for both the LayerZero Labs DVN and MIM DVN to be used (['LayerZero Labs', 'MIM']).

    Recommendation

    Ensure the MIM DVN is deployed on Hyperliquid.

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