Audit Flags High-Severity Reentrancy and Access Control Issues in Gate Protocol
A security audit conducted from October 1 to October 18, 2024, reviewed reentrancy and access-control mechanisms in Gate, a cross-chain liquidity platform reportedly holding over $7 billion in user assets. The review identified six access-control issues and four reentrancy issues, with several rated high severity. Auditors warned that these flaws could enable unbounded fund extraction or allow attackers to seize privileged functions such as pausing or upgrading the protocol. The protocol received an aggregate risk score of 8.2 out of 10, and the auditors recommended remediating the high-severity findings before any further capital inflows.
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