Time and again, DeFi protocols lose millions when AUM accounting assumptions get exploited.

Yesterday’s $GMX v1 exploit shows what happens when reentrancy and internal accounting flaws collide: $42M drained by inflating “unrealized” value.

@ammalgam's DLEX is built differently:
→ No oracles for pricing.
→ Prices are defined as ranges, not single points.
→ Sanity checks & outlier detection to deter manipulation.
→ Depleted asset protection for black swan squeezes.

https://t.co/2jLfrMVXkW