Shape
Regulator Fork · L2×L5 oracle authority replacement
Extraction
3,500 USDC in → ~$10,309 WETH out · 2.94×
Gas
820k gas · HIGH (if non-admin)
Critical gate
Admin-only → loaded gun in safe. Non-admin → loaded gun in vending machine.
Theorem
stale_truth_failure + watcher_signal_not_floor_restoration
WLS
Pending authority determination
Filing thesis (admin-only)
"Oracle source replacement produces 2.94× extractive mispricing. Severity conditioned on whether replacement path is restricted to trusted admin/governance or reachable through weaker authority."