Audit Clm

Concentrated Liquidity Manager Auditor

When to Use

• Auditing CLM protocols, Uniswap V3 position managers, liquidity management
• User mentions: CLM, concentrated liquidity, Uniswap V3, rebalance, TWAP, maxDeviation, position manager, liquidity deployment
• Analyzing liquidity rebalancing, TWAP protections, fee collection
• Reviewing router integrations, approval management

Audit Workflow

IMPORTANT: Announce skill usage at the start of analysis

Begin with: "I'm using the audit-clm skill to analyze this contract for concentrated liquidity manager vulnerabilities..."

1. Scan for CLM operations

   • Search: rebalance, mint, addLiquidity, TWAP, maxDeviation, twapInterval, router, approve, collectFees, protocolFee
   • Focus: liquidity deployment, TWAP validation, approval management, fee updates

2. Check against vulnerability patterns

   • Reference reference.md for complete checklist
   • Compare code against example.md

3. Validate exploitability

   • Check access control first - grep for onlyOwner|onlyAdmin|onlyGovernance modifiers
   • Can non-privileged actors exploit CLM vulnerabilities?
   • Can liquidity be deployed without TWAP checks?
   • Can owner manipulate TWAP parameters?
   • Do rounding errors accumulate stuck tokens?
   • Are old approvals revoked on router updates?
   • Can fees be changed retrospectively?
   • Verify no compensating protections exist
   • Downgrade severity if admin-only unless enables rug pull or sandwich attack

4. Generate report

   • Use deliverable template below
   • Include sandwich attack analysis and PoC
   • Rank by severity

Core Vulnerability Patterns

See reference.md for full checklist. Key patterns:

1. Forced unfavorable liquidity deployment → missing TWAP checks in some functions allow sandwich attacks
2. Owner rug-pull via TWAP parameters → setting ineffective maxDeviation/twapInterval disables protection
3. Tokens permanently stuck → rounding errors accumulate tokens that can never be withdrawn
4. Stale token approvals → router updates don't revoke previous approvals
5. Retrospective fee application → updated fees apply to previously earned rewards

Code examples: See example.md

Severity Criteria

Critical: Missing TWAP checks in liquidity deployment enabling sandwich attacks, owner can disable TWAP protection to rug users, MUST be exploitable by non-privileged actors High: Tokens permanently stuck from rounding errors, stale approvals allowing old router to drain funds, MUST be exploitable by non-privileged actors Medium: Retrospective fee application on earned rewards, suboptimal TWAP parameters, admin-only rebalance configuration issues with cascading user MEV exposure Low: Gas inefficiencies in rebalancing, missing events for parameter changes, admin-only parameter issues without immediate user impact

IMPORTANT: Admin-only CLM functions (onlyOwner, onlyAdmin, onlyGovernance) are MEDIUM or LOW severity unless:

• Admin can disable TWAP protection to sandwich user deposits/withdrawals
• Missing validation in TWAP parameter setters enables owner rug pull
• Admin router updates leave stale approvals allowing fund drainage

False Positives - Do NOT Flag

• Protocols with trusted admins explicitly documented
• Test environments with simplified TWAP logic
• Functions only callable by trusted contracts
• Intentional dust accumulation with withdrawal mechanism
• Manual approval management by governance
• Admin-only rebalance functions (onlyOwner, onlyAdmin) with TWAP checks and documented trusted operator
• Governance-controlled TWAP parameter updates with bounds validation (minDeviation, maxDeviation)
• Admin router updates that properly revoke old approvals before setting new ones

Deliverable Format

MANDATORY: Before deliverable, verify each checklist.md item against codebase. Flag violations as findings.

Use template: templates/report-template.md

Each finding includes: severity, pattern #, file/lines, description, vulnerable code, sandwich attack analysis, PoC, remediation.

Key Principles

• TWAP everywhere - all liquidity deployment must check TWAP
• Parameter bounds - maxDeviation/twapInterval must have min/max limits
• Zero dust - no token accumulation in contracts
• Approval hygiene - revoke old approvals before new ones
• Fee immutability - fees cannot change for earned rewards

Output Guidelines

DO:

• Reference specific lines and functions
• Provide sandwich attack scenarios
• Show PoCs with price manipulation
• Calculate rounding error accumulation
• Identify all liquidity deployment paths

DON'T:

• Report missing TWAP in view functions (not exploitable)
• Flag intentional dust with withdrawal mechanism
• Ignore parameter validation (critical for protection)
• Miss indirect liquidity deployment paths