GMX clarifies: GMX contracts were not affected, it was the Abracadabra/Spell related GM token cauldrons that were exploited

Odaily News According to monitoring by PeckShield and several blockchain security experts, the cauldrons of the Abracadabra/Spell platform using GM tokens are suspected to have been exploited, resulting in security issues. GMX officials clarified that no problems were found in the GMX contract and it was not affected by this incident. This issue only involves the cauldron function of Abracadabra/Spell, which allows users to borrow and lend with specific GM liquidity tokens. Currently, Spell, the GMX team and security researchers are jointly investigating the cause of the incident.