ISSTA2023

DeFiTainter: Detecting Price Manipulation Vulnerabilities in DeFi Protocols

Queping Kong, Jiachi Chen, Yanlin Wang, Zigui Jiang, Zibin Zheng

31 citations

Abstract

DeFi protocols are programs that manage high-value digital assets on blockchain. The price manipulation vulnerability is one of the common vulnerabilities in DeFi protocols, which allows attackers to gain excessive profits by manipulating token prices. In this paper, we propose DeFiTainter, an inter-contract taint analysis framework for detecting price manipulation vulnerabilities. DeFiTainter features two innovative mechanisms to ensure its effectiveness. The first mechanism is to construct a call graph for inter-contract taint analysis by restoring call information, not only from code constants but also from contract storage and function parameters. The second mechanism is a high-level semantic induction tailored for detecting price manipulation vulnerabilities, which accurately identifies taint sources and sinks and tracks taint data across contracts. Extensive evaluation of real-world incidents and high-value DeFi protocols shows that DeFiTainter outperforms existing approaches and achieves state-of-the-art performance with a precision of 96% and a recall of 91.3% in detecting price manipulation vulnerabilities. Furthermore, DeFiTainter uncovers three previously undisclosed price manipulation vulnerabilities.