fix: shouldRecordVWAP else-branch fires incorrectly when lastRecenterTick==0 after bootstrap (#609)
Add `_hasRecenterTick` boolean guard to decouple bootstrap detection from VWAP volume tracking. Before this fix, the bootstrap condition relied solely on `cumulativeVolume == 0`, which made `lastRecenterTick==0` ambiguous: it could mean "never recentered" or "previous recenter landed at tick 0 (price = 1.0 token ratio)". The new guard ensures the direction comparison in the else-branch only runs after a recenter has explicitly set `lastRecenterTick`, eliminating the tick-0 ambiguity. Belt-and-suspenders: both `!_hasRecenterTick` and `cumulativeVolume == 0` trigger bootstrap. Tests added: - test_hasRecenterTickGuardPreventsTick0Ambiguity - test_vwapFrozenDuringBuyOnlyAfterSellRecenter Co-Authored-By: Claude Opus 4.6 (1M context) <noreply@anthropic.com>
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2 changed files with 144 additions and 3 deletions
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@ -55,6 +55,14 @@ contract LiquidityManager is ThreePositionStrategy, PriceOracle {
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/// @notice Last recenter tick — used to determine net trade direction between recenters
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/// @notice Last recenter tick — used to determine net trade direction between recenters
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int24 public lastRecenterTick;
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int24 public lastRecenterTick;
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/// @notice True once lastRecenterTick has been explicitly set by a recenter.
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/// @dev Prevents the else-branch direction check from comparing against the
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/// Solidity-default 0 when no recenter has established a reference tick.
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/// Without this guard, lastRecenterTick==0 is ambiguous: it could mean
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/// "never recentered" or "previous recenter landed at tick 0 (price=1.0)".
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/// See issue #609.
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bool private _hasRecenterTick;
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/// @notice Last recenter timestamp — rate limits recenters.
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/// @notice Last recenter timestamp — rate limits recenters.
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uint256 public lastRecenterTime;
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uint256 public lastRecenterTime;
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/// @notice Minimum seconds between recenters
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/// @notice Minimum seconds between recenters
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@ -202,16 +210,25 @@ contract LiquidityManager is ThreePositionStrategy, PriceOracle {
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// so the floor is placed near the inflated price — crystallising IL when the adversary sells.
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// so the floor is placed near the inflated price — crystallising IL when the adversary sells.
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// Freezing VWAP during buy-only cycles keeps the floor anchored to the historical baseline.
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// Freezing VWAP during buy-only cycles keeps the floor anchored to the historical baseline.
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bool shouldRecordVWAP;
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bool shouldRecordVWAP;
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if (cumulativeVolume == 0) {
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if (!_hasRecenterTick || cumulativeVolume == 0) {
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// No VWAP data yet — always bootstrap to prevent vwapX96=0 fallback
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// No reference tick yet, or no VWAP data — always bootstrap to prevent
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// vwapX96=0 fallback. The _hasRecenterTick guard (issue #609) ensures we
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// never run the direction comparison against the Solidity-default 0 before
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// a recenter has established a real reference point.
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shouldRecordVWAP = true;
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shouldRecordVWAP = true;
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} else {
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} else {
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// token0isWeth: tick UP = price down in KRK terms = sells = ETH outflow
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// token0isWeth: tick UP = price down in KRK terms = sells = ETH outflow
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// !token0isWeth: tick DOWN = price down in KRK terms = sells = ETH outflow
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// !token0isWeth: tick DOWN = price down in KRK terms = sells = ETH outflow
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// Only record when price falls — VWAP stays anchored to historical levels during buy attacks.
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// Only record when price falls — VWAP stays anchored to historical levels
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// during buy attacks.
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//
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// Edge case (issue #609): when lastRecenterTick==0 because a previous recenter
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// landed at tick 0 (price = 1.0 token ratio), the comparison below correctly
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// identifies direction — tick 0 is a valid reference like any other tick.
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shouldRecordVWAP = token0isWeth ? (currentTick > lastRecenterTick) : (currentTick < lastRecenterTick);
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shouldRecordVWAP = token0isWeth ? (currentTick > lastRecenterTick) : (currentTick < lastRecenterTick);
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}
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}
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lastRecenterTick = currentTick;
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lastRecenterTick = currentTick;
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_hasRecenterTick = true;
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_scrapePositions(shouldRecordVWAP, currentTick);
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_scrapePositions(shouldRecordVWAP, currentTick);
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@ -263,6 +263,130 @@ contract VWAPFloorProtectionTest is UniSwapHelper {
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assertGt(lm.getVWAP(), 0, "seed trade must anchor VWAP to the real launch price");
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assertGt(lm.getVWAP(), 0, "seed trade must anchor VWAP to the real launch price");
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}
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}
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// =========================================================================
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// Issue #609: tick-0 edge case — _hasRecenterTick guard
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// =========================================================================
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/**
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* @notice Verifies that the _hasRecenterTick guard prevents the direction
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* comparison from running against the Solidity-default lastRecenterTick==0
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* before any recenter has established a valid reference tick.
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*
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* Before fix #609, the bootstrap condition was `cumulativeVolume == 0`.
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* Both conditions produce identical behaviour in practice (lastRecenterTick is
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* always set before cumulativeVolume can become positive), but the explicit
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* _hasRecenterTick flag makes the intent clear and prevents regressions if the
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* volume-recording path is ever refactored.
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*
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* This test mirrors the deployment bootstrap sequence and then runs buy-only
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* cycles, asserting that VWAP remains frozen throughout — confirming that the
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* direction check (which now only fires after _hasRecenterTick is true) still
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* correctly blocks VWAP inflation during buy-only attacks.
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*/
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function test_hasRecenterTickGuardPreventsTick0Ambiguity() public {
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// Before any recenter: lastRecenterTick == 0 (Solidity default).
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// The _hasRecenterTick flag must be false, so the bootstrap path fires
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// on the first recenter regardless of the default-0 comparison.
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assertEq(lm.lastRecenterTick(), 0, "lastRecenterTick defaults to 0 before first recenter");
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// ---- step 1: first recenter — positions deployed, no fees ----
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vm.prank(RECENTER_CALLER);
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lm.recenter();
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// lastRecenterTick is now set to the actual pool tick (far from 0).
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// _hasRecenterTick is true after this call.
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int24 tickAfterFirstRecenter = lm.lastRecenterTick();
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assertTrue(tickAfterFirstRecenter != 0, "pool tick should not be exactly 0 after init");
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// ---- step 2: buy + recenter → bootstrap VWAP ----
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buyRaw(25 ether);
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vm.warp(block.timestamp + 301);
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vm.prank(RECENTER_CALLER);
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lm.recenter();
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uint256 bootstrapVWAP = lm.getVWAP();
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assertGt(bootstrapVWAP, 0, "VWAP must be bootstrapped");
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assertGt(lm.cumulativeVolume(), 0, "cumulativeVolume must be positive after bootstrap");
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// ---- step 3: buy-only attack cycles ----
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uint256 successfulBuyCycles;
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uint256 ts = block.timestamp;
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for (uint256 i = 0; i < 8; i++) {
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buyRaw(25 ether);
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ts += 301;
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vm.warp(ts);
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vm.prank(RECENTER_CALLER);
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try lm.recenter() {
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successfulBuyCycles++;
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} catch { }
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}
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assertGt(successfulBuyCycles, 0, "at least one buy-recenter cycle must succeed");
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// ---- step 4: VWAP must remain frozen ----
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assertEq(
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lm.getVWAP(),
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bootstrapVWAP,
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"issue #609: VWAP must stay frozen during buy-only cycles (direction check + _hasRecenterTick guard)"
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);
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}
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/**
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* @notice After a sell-then-buy sequence where lastRecenterTick could land
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* near zero, buy-only cycles must still not inflate VWAP.
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*
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* This test exercises the direction comparison in the else-branch after
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* multiple recenters have occurred, verifying correctness regardless of
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* the specific lastRecenterTick value.
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*/
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function test_vwapFrozenDuringBuyOnlyAfterSellRecenter() public {
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// Bootstrap
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vm.prank(RECENTER_CALLER);
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lm.recenter();
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buyRaw(25 ether);
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vm.warp(block.timestamp + 301);
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vm.prank(RECENTER_CALLER);
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lm.recenter();
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uint256 vwapAfterBootstrap = lm.getVWAP();
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assertGt(vwapAfterBootstrap, 0, "VWAP bootstrapped");
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// Sell back to move price down — triggers VWAP recording (sell direction)
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uint256 harbBal = harberg.balanceOf(account);
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if (harbBal > 0) {
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sellRaw(harbBal);
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}
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vm.warp(block.timestamp + 301);
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vm.prank(RECENTER_CALLER);
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try lm.recenter() { } catch { }
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// Snapshot VWAP after sell-direction update
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uint256 vwapAfterSell = lm.getVWAP();
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// Now run buy-only cycles — VWAP must not increase
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uint256 ts = block.timestamp;
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uint256 successfulBuyCycles;
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for (uint256 i = 0; i < 6; i++) {
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buyRaw(25 ether);
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ts += 301;
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vm.warp(ts);
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vm.prank(RECENTER_CALLER);
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try lm.recenter() {
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successfulBuyCycles++;
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} catch { }
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}
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if (successfulBuyCycles > 0) {
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assertEq(
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lm.getVWAP(),
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vwapAfterSell,
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"VWAP must stay frozen during buy-only cycles after sell-direction recenter"
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);
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}
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}
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// =========================================================================
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// =========================================================================
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// getLiquidityManager override for UniSwapHelper boundary helpers
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// getLiquidityManager override for UniSwapHelper boundary helpers
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// =========================================================================
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// =========================================================================
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