Summary Value Secured Activity Milestones & Incidents Risk summary Risk analysis Data availability State validation Upgrades & Governance Updates Operator Withdrawals Permissions Smart contracts

Immutable X

This project is archived and no longer maintained.

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About

Immutable X is a NFT-focused Validium providing zero gas fees, instant trades and scalability for applications.

Total Value SecuredTVS

$502.12 K4.23%

Past day UOPSDaily UOPS

No data

Type

Other

Purposes

NFT, Exchange

Tokens breakdown

Value secured breakdown

0.00% with additional trust assumptions

View TVS breakdown

Sequencer failureState validationData availabilityExit windowProposer failure

Explore more in Discovery UI

Badges

About

Immutable X is a NFT-focused Validium providing zero gas fees, instant trades and scalability for applications.

Why is the project listed in others?

The data availability committee threshold is too low

Consequence: projects with a low DAC threshold rely on the honesty of few entities to safely attest data availability on Ethereum. These entities can collude with the proposer to finalize an unavailable state, which can cause loss of funds.

Learn more about the recategorisation here.

Value Secured View TVS breakdown

Exclude restricted RWA tokens

Total

Canonically BridgedCanonically Bridged ValueCanonical

Natively MintedNatively Minted TokensNative

Externally BridgedExternally Bridged ValueExternal

ETH & derivatives

Stablecoins

BTC & derivatives

Other

View TVS breakdown

Activity

Data source: StarkEx Aggregations API

2021 Mar 26 — 2026 May 30

Past Day UOPS

0.000.00%

Past Day Ops count

Max. UOPS

42.52

2024 Sep 04

Past day UOPS/TPS Ratio

No data

Milestones & Incidents

Immutable X migrated to Immutable zkEVM

2026 Mar 5th

Immutable X deployed contracts for migration to Immutable zkEVM. Operation of Immutable X halts.

Learn more

IMX Token introduced

2022 Jun 29th

Immutable announce IMX, the native ERC-20 utility token of Immutable X.

Learn more

Risk summary

Sequencer failureState validationData availabilityExit windowProposer failure

Sequencer failure

No mechanism

There is no mechanism to have transactions be included if the sequencer is down or censoring.

State validation

Validity proofs (ST)

STARKs are zero knowledge proofs that ensure state correctness.

Data availability

External (DAC)

Proof construction relies fully on data that is NOT published onchain. There exists a Data Availability Committee (DAC) with a threshold of 5/7 that is tasked with protecting and supplying the data.

Exit window

14d

Users have 14d to exit funds in case of an unwanted upgrade. There is a 14d delay before a upgrade is applied, and withdrawals can take up to 0s to be processed.

Proposer failure

Use escape hatch

Users are able to trustlessly exit by submitting a Merkle proof of funds. NFTs will be minted on L1 to exit.

Data availability

Data is not stored on chain

The balances of the users are not published onchain, but rather sent to external trusted parties, also known as committee members. A state update is valid and accepted onchain only if at least a quorum of the committee members sign a state update.

Funds can be lost if the external data becomes unavailable (CRITICAL).
Users can be censored if the committee restricts their access to the external data.

State validation

Validity proofs

Each update to the system state must be accompanied by a ZK proof that ensures that the new state was derived by correctly applying a series of valid user transactions to the previous state. These proofs are then verified on Ethereum by a smart contract. The system state is represented using Merkle roots.

Enforcing Consistency on the On-Chain State - StarkEx documentation

Upgrades & Governance

Past upgrades

The metrics include upgrades on the currently used proxy contracts. Historical proxy contracts and changes of such are not included.

Count of upgrades

Last upgrade

10d 9h ago

Avg upgrade interval

7mo 23d

Updates

2026 May 21, 15:35 UTC

High severity

33changes

Upgrade to ImmutableX contract: https://disco.l2beat.com/diff/eth:0x58b5484F489f7858DC83a5a677338074b57de806/eth:0x273b65a7231321D4ee47a4c47408Ef43517455Ec. It introduces 7 hardcoded L1 addresses that are granted VCO tokens from the ImmutableX bridge, each different amounts. They have already withdrawn these tokens. Amounts are small and token is worthless according to coingecko. Also, added registerSender and registerEthAddress functions from Users.sol in StarkEx repo to register an eth address for a given starknet address after checking a valid signature.

Upgrade to ImmutableX contract: https://disco.l2beat.com/diff/eth:0x58b5484F489f7858DC83a5a677338074b57de806/eth:0x273b65a7231321D4ee47a4c47408Ef43517455Ec.

It introduces 7 hardcoded L1 addresses that are granted VCO tokens from the ImmutableX bridge, each different amounts. They have already withdrawn these tokens. Amounts are small and token is worthless according to coingecko.

Also, added registerSender and registerEthAddress functions from Users.sol in StarkEx repo to register an eth address for a given starknet address after checking a valid signature.

	contract StarkExchange (eth:0x5FDCCA53617f4d2b9134B29090C87D01058e27e9) [N/A] {
	+++ description: None
	sourceHashes.1:
-	"0xb71805b4d4f8f1e27f622cf275932a3b69fce577df37460525fce8b64adb1d00"
+	"0xc122235bc278c4eacd03c0bc862ed748a4d0c810460ff5348df2b85c2979c6a5"
	values.$implementation:
-	"eth:0x58b5484F489f7858DC83a5a677338074b57de806"
+	"eth:0x273b65a7231321D4ee47a4c47408Ef43517455Ec"
	values.$pastUpgrades.9:
+	["2026-05-20T23:38:47.000Z","0x9af235b6b0759b9fa2b301c7bc7bf04e05e5bd15000abe74b405466e09fca332",["eth:0x273b65a7231321D4ee47a4c47408Ef43517455Ec"]]
	values.$upgradeCount:
-	9
+	10
	values.implementation:
-	"eth:0x58b5484F489f7858DC83a5a677338074b57de806"
+	"eth:0x273b65a7231321D4ee47a4c47408Ef43517455Ec"
	values.HOLDER_1_AMOUNT:
+	4900000000000
	+++ description: HOLDER_i_ETH addresses are hardcoded into ImmutableX v2 rollup contract initializer, which assigns them custom amounts of VCO tokens (small amounts of worthless tokens). Tokens were already withdrawn.
	values.HOLDER_1_ETH:
+	"eth:0x5eBb994EBC1c44815FbF2fA61a6E1f8368dcB0C7"
	values.HOLDER_1_KEY:
+	"3538623774493345151179551783812164840645197873942623890310120442690648622931"
	values.HOLDER_2_AMOUNT:
+	125000000000
	values.HOLDER_2_ETH:
+	"eth:0x216e8577B504aC3dB213eDd261e47fffBb354248"
	values.HOLDER_2_KEY:
+	"896591154720277861849412210959098837543990746331085354094151559066127293616"
	values.HOLDER_3_AMOUNT:
+	7540000000
	values.HOLDER_3_ETH:
+	"eth:0x10cbBBb225BBEA137aC01F0F6D91CDB126BccaA6"
	values.HOLDER_3_KEY:
+	"2337782983793367352107417745440247520204745783973227763313597957897585144884"
	values.HOLDER_4_AMOUNT:
+	4900000000000
	values.HOLDER_4_ETH:
+	"eth:0x409F85D2207796b543b8abdB6a0E2490BB1483D1"
	values.HOLDER_4_KEY:
+	"3515120365152864005724897321625748708134718892093672796597024618874380434380"
	values.HOLDER_5_AMOUNT:
+	382500000000
	values.HOLDER_5_ETH:
+	"eth:0xCE5A537D4dA620DE59efA6F74a0A065732600c71"
	values.HOLDER_5_KEY:
+	"320866735717256483006023350708017670742221720926224055507147702459465353560"
	values.HOLDER_6_AMOUNT:
+	"266488641810000000"
	values.HOLDER_6_ETH:
+	"eth:0x941f54cb53Dc1478Cb126a2Ba8a83b2130419dB5"
	values.HOLDER_6_KEY:
+	"1072283648975915474201171160655623968861623556483236771217709513165697501697"
	values.HOLDER_7_AMOUNT:
+	235000000000
	values.HOLDER_7_ETH:
+	"eth:0xBC6EeB5111fEa2B5e9B2Bc534bBcbCa9568999a4"
	values.HOLDER_7_KEY:
+	"750813242579361465277803604892953637745780756132536315292318654687088446962"
	values.VCO_ASSET_TYPE:
+	"1485183671027309009439509871835489442660821279230223034298428454062208985878"
	implementationNames.eth:0x58b5484F489f7858DC83a5a677338074b57de806:
-	"StarkExchangeMigration"
	implementationNames.eth:0x273b65a7231321D4ee47a4c47408Ef43517455Ec:
+	"StarkExchangeMigrationV2"
	}

2026 March 05, 09:30 UTC

High severity

163changes

Immutable X migrates assets and the state root to immutable zkevm. Immutable X is deprecated now: https://x.com/Immutable/status/2016389261575258446?s=20. State root is injected into a specific contract ( zkEVMWithdrawalProcessor ) on immutable zkevm via Axelar message ( sendVaultRoot() funtion on VaultRootSenderAdapter ). Tokens are migrated manually by migration manager ( migrateHoldings() function on StarkExchangeMigration ), data for each token must be given as TokenMigrationDetails .

Immutable X migrates assets and the state root to immutable zkevm. Immutable X is deprecated now: https://x.com/Immutable/status/2016389261575258446?s=20.

State root is injected into a specific contract (zkEVMWithdrawalProcessor) on immutable zkevm via Axelar message (sendVaultRoot() funtion on VaultRootSenderAdapter). Tokens are migrated manually by migration manager (migrateHoldings() function on StarkExchangeMigration), data for each token must be given as TokenMigrationDetails.

-	Status: DELETED
	contract DACommittee (eth:0x16BA0f221664A5189cf2C1a7AF0d3AbFc70aA295)
	+++ description: Data Availability Committee (DAC) contract verifying and storing data availability claims from DAC Members (via a multisignature check). The threshold of valid signatures is 5.

-	Status: DELETED
	reference SHARPVerifierCallProxy (eth:0x47312450B3Ac8b5b8e247a6bB6d523e7605bDb60)
	+++ description: None

-	Status: DELETED
	contract OrderRegistry (eth:0x518c4A79a1102eEDc987005CA8cE6B87Ca14dDf8)
	+++ description: Helper contract for registering limit orders from L1.

	contract StarkExchange (eth:0x5FDCCA53617f4d2b9134B29090C87D01058e27e9) {
	+++ description: None
	template:
-	"starkex/StarkExchange"
	sourceHashes.1:
-	"0xfaa0bf87cf9230ba5a3f5530b447f76606e0cd9fb9d1acd2f3b87d30884e63d1"
+	"0x2e7cc0661a38ee126a3b09ecb461b7b1d7e0301c2f7b4245c5334553d16f9848"
	proxyType:
-	"StarkWare diamond"
+	"StarkWare proxy"
	description:
-	"Central Validium contract. Receives (verified) state roots from the Operator, allows users to consume L2 -> L1 messages and send L1 -> L2 messages. Critical configuration values for the L2's logic are defined here by various governance roles."
	values.$implementation:
-	["eth:0x4EDD62189732e9fF476ABa880b48c29432A7AC9B","eth:0x62BCA4DB742A99c834e2c24b609656A70EA25379","eth:0x8536850750956c2FEebeCAB786d82271a5467687","eth:0x1c3A4EfF75a287Fe6249CAb49606FA25659929A2","eth:0x3799ad2a4Eb4E882219B02C036656d4ECbD437A1","eth:0x1688abB0B5c72F34B7f78e857Aa317deD5B5D339","eth:0xB3788a88F063B217227E27ae16Ba550db3132bE6"]
+	"eth:0x58b5484F489f7858DC83a5a677338074b57de806"
	values.$pastUpgrades.0:
+	["2021-03-10T15:13:08.000Z","0x9b57c19aa91cc17c9487085b68532cd65d1e4c263b5928f14c03a9d36c9097df",["eth:0x49401Ddc4E0A858B5B4cf3D6De38393B7fAC7378"]]
	values.$pastUpgrades.0.2.1:
-	"eth:0x61d3389Aa2d001c860859cC021153e40D557BF4b"
	values.$pastUpgrades.0.2.2:
-	"eth:0xA4E9524EfbA0CB6BD7474a48C14582dEb300469E"
	values.$pastUpgrades.0.2.3:
-	"eth:0xedB67D40161D9fa660DCFFE60f859B7381E4793a"
	values.$pastUpgrades.0.1:
-	"0x9b57c19aa91cc17c9487085b68532cd65d1e4c263b5928f14c03a9d36c9097df"
+	"0xf42d8fc579401fc76769bf63ba72f7277aac976aeb2a4cd3eca899ca08de7c20"
	values.$pastUpgrades.0.0:
-	"2021-03-10T15:13:08.000Z"
+	"2021-03-16T18:04:39.000Z"
	values.$pastUpgrades.1.2.1:
-	"eth:0x61d3389Aa2d001c860859cC021153e40D557BF4b"
	values.$pastUpgrades.1.2.2:
-	"eth:0xA4E9524EfbA0CB6BD7474a48C14582dEb300469E"
	values.$pastUpgrades.1.2.3:
-	"eth:0xedB67D40161D9fa660DCFFE60f859B7381E4793a"
	values.$pastUpgrades.1.1:
-	"0xf42d8fc579401fc76769bf63ba72f7277aac976aeb2a4cd3eca899ca08de7c20"
+	"0x79f72bef0984e3ae76ab638c078f92f1a0d4ad2a289b8a91e072d81f77d505ce"
	values.$pastUpgrades.1.0:
-	"2021-03-16T18:04:39.000Z"
+	"2021-03-25T11:24:15.000Z"
	values.$pastUpgrades.2.2.1:
-	"eth:0x61d3389Aa2d001c860859cC021153e40D557BF4b"
	values.$pastUpgrades.2.2.2:
-	"eth:0xA4E9524EfbA0CB6BD7474a48C14582dEb300469E"
	values.$pastUpgrades.2.2.3:
-	"eth:0xedB67D40161D9fa660DCFFE60f859B7381E4793a"
	values.$pastUpgrades.2.1:
-	"0x79f72bef0984e3ae76ab638c078f92f1a0d4ad2a289b8a91e072d81f77d505ce"
+	"0x9e8cc538b40a70723a287ece3ecb4e6aafbbde0e04f621124df6e4c2d7995dc7"
	values.$pastUpgrades.2.0:
-	"2021-03-25T11:24:15.000Z"
+	"2021-03-26T08:01:31.000Z"
	values.$pastUpgrades.3.2.0:
-	"eth:0x49401Ddc4E0A858B5B4cf3D6De38393B7fAC7378"
	values.$pastUpgrades.3.2.1:
-	"eth:0x61d3389Aa2d001c860859cC021153e40D557BF4b"
	values.$pastUpgrades.3.2.2:
-	"eth:0xA4E9524EfbA0CB6BD7474a48C14582dEb300469E"
	values.$pastUpgrades.3.2.3:
-	"eth:0xedB67D40161D9fa660DCFFE60f859B7381E4793a"
+	"eth:0xB8563AD5aF1F79dd04937BE8B572318c8e6f43AC"
	values.$pastUpgrades.3.1:
-	"0x9e8cc538b40a70723a287ece3ecb4e6aafbbde0e04f621124df6e4c2d7995dc7"
+	"0x26fb60bb6b5ff3ef22cd959d007588f7410586499870411cfddc2759b97d44d6"
	values.$pastUpgrades.3.0:
-	"2021-03-26T08:01:31.000Z"
+	"2021-08-31T08:15:29.000Z"
	values.$pastUpgrades.4.2.1:
-	"eth:0xF65C115efd24102315Af53f84aD65aD240bc9D57"
	values.$pastUpgrades.4.2.2:
-	"eth:0x97AA9658cfE27D6382b71FF9E72d773615Bd529E"
	values.$pastUpgrades.4.2.3:
-	"eth:0x86d8f977C9cEC503ad4E6805802cEf62Cde13773"
	values.$pastUpgrades.4.2.4:
-	"eth:0x0D7c8d7A16c7832869d8FeEf02730238CdFe083A"
	values.$pastUpgrades.4.2.5:
-	"eth:0x2D542881E93491e765E5110c1e373FC2968E720A"
	values.$pastUpgrades.4.2.6:
-	"eth:0x970d1Fa79c64b256ef68bBFEab34137786811C7F"
	values.$pastUpgrades.4.1:
-	"0x26fb60bb6b5ff3ef22cd959d007588f7410586499870411cfddc2759b97d44d6"
+	"0xeaa0efb3937eee43c1083cc776d5033b131e6ef12ba0d0646db1b34e600847cd"
	values.$pastUpgrades.4.0:
-	"2021-08-31T08:15:29.000Z"
+	"2021-09-09T16:30:02.000Z"
	values.$pastUpgrades.5.2.1:
-	"eth:0xF65C115efd24102315Af53f84aD65aD240bc9D57"
	values.$pastUpgrades.5.2.2:
-	"eth:0x97AA9658cfE27D6382b71FF9E72d773615Bd529E"
	values.$pastUpgrades.5.2.3:
-	"eth:0x86d8f977C9cEC503ad4E6805802cEf62Cde13773"
	values.$pastUpgrades.5.2.4:
-	"eth:0x0D7c8d7A16c7832869d8FeEf02730238CdFe083A"
	values.$pastUpgrades.5.2.5:
-	"eth:0x2D542881E93491e765E5110c1e373FC2968E720A"
	values.$pastUpgrades.5.2.6:
-	"eth:0x970d1Fa79c64b256ef68bBFEab34137786811C7F"
	values.$pastUpgrades.5.1:
-	"0xeaa0efb3937eee43c1083cc776d5033b131e6ef12ba0d0646db1b34e600847cd"
+	"0x658a93571ca9733ba346bd746790a6d07821d86c89fd90809e85bf7f2f8d9797"
	values.$pastUpgrades.5.0:
-	"2021-09-09T16:30:02.000Z"
+	"2022-01-13T08:08:51.000Z"
	values.$pastUpgrades.6.2.0:
-	"eth:0xB8563AD5aF1F79dd04937BE8B572318c8e6f43AC"
	values.$pastUpgrades.6.2.1:
-	"eth:0xF65C115efd24102315Af53f84aD65aD240bc9D57"
	values.$pastUpgrades.6.2.2:
-	"eth:0x97AA9658cfE27D6382b71FF9E72d773615Bd529E"
	values.$pastUpgrades.6.2.3:
-	"eth:0x86d8f977C9cEC503ad4E6805802cEf62Cde13773"
	values.$pastUpgrades.6.2.4:
-	"eth:0x0D7c8d7A16c7832869d8FeEf02730238CdFe083A"
	values.$pastUpgrades.6.2.5:
-	"eth:0x2D542881E93491e765E5110c1e373FC2968E720A"
	values.$pastUpgrades.6.2.6:
-	"eth:0x970d1Fa79c64b256ef68bBFEab34137786811C7F"
+	"eth:0x4EDD62189732e9fF476ABa880b48c29432A7AC9B"
	values.$pastUpgrades.6.1:
-	"0x658a93571ca9733ba346bd746790a6d07821d86c89fd90809e85bf7f2f8d9797"
+	"0x3425fd24435e4aefdb08f3970e61e446eb5d21a1e0c916d1ba9331b060b72192"
	values.$pastUpgrades.6.0:
-	"2022-01-13T08:08:51.000Z"
+	"2024-05-20T06:39:35.000Z"
	values.$pastUpgrades.7.2.0:
-	"eth:0x4EDD62189732e9fF476ABa880b48c29432A7AC9B"
	values.$pastUpgrades.7.2.1:
-	"eth:0x62BCA4DB742A99c834e2c24b609656A70EA25379"
	values.$pastUpgrades.7.2.2:
-	"eth:0x8536850750956c2FEebeCAB786d82271a5467687"
	values.$pastUpgrades.7.2.3:
-	"eth:0x1c3A4EfF75a287Fe6249CAb49606FA25659929A2"
	values.$pastUpgrades.7.2.4:
-	"eth:0x3799ad2a4Eb4E882219B02C036656d4ECbD437A1"
	values.$pastUpgrades.7.2.5:
-	"eth:0x1688abB0B5c72F34B7f78e857Aa317deD5B5D339"
	values.$pastUpgrades.7.2.6:
-	"eth:0xB3788a88F063B217227E27ae16Ba550db3132bE6"
+	"eth:0x58b5484F489f7858DC83a5a677338074b57de806"
	values.$pastUpgrades.7.1:
-	"0x3425fd24435e4aefdb08f3970e61e446eb5d21a1e0c916d1ba9331b060b72192"
+	"0x07ac699d0dc30804af73843cc1cba5f50780135e25932cf78be69a3e6c11b194"
	values.$pastUpgrades.7.0:
-	"2024-05-20T06:39:35.000Z"
+	"2026-03-05T01:07:11.000Z"
	values.$upgradeCount:
-	8
+	9
	values.defaultVaultWithdrawalLock:
-	0
	values.DEPOSIT_CANCEL_DELAY:
-	172800
	values.FREEZE_GRACE_PERIOD:
-	604800
	values.getLastBatchId:
-	37990
	values.getOrderRoot:
-	"168353765887718686397671181439168594225139531838374564195072013673941816314"
	values.getOrderTreeHeight:
-	63
	values.getRegisteredAvailabilityVerifiers:
-	["eth:0x16BA0f221664A5189cf2C1a7AF0d3AbFc70aA295"]
	values.getRegisteredVerifiers:
-	["eth:0x6e3AbCE72A3CD5edc05E59283c733Fd4bF8B3baE"]
	values.getSequenceNumber:
-	37802
	values.getVaultRoot:
-	"543280986076401044787518957175086881219650536676907070252569311042264623146"
	values.getVaultTreeHeight:
-	31
	values.implementation:
-	"eth:0x4EDD62189732e9fF476ABa880b48c29432A7AC9B"
+	"eth:0x58b5484F489f7858DC83a5a677338074b57de806"
	values.isStrictVaultBalancePolicy:
-	false
	values.MAIN_GOVERNANCE_INFO_TAG:
-	"StarkEx.Main.2019.GovernorsInformation"
	values.MAX_FORCED_ACTIONS_REQS_PER_BLOCK:
-	10
	values.MAX_VERIFIER_COUNT:
-	64
	values.operators:
-	["eth:0x9B7f7d0d23d4CAce5A3157752D0D4e4bf25E927e"]
	values.orderRegistryAddress:
-	"eth:0x518c4A79a1102eEDc987005CA8cE6B87Ca14dDf8"
	values.STARKEX_MAX_DEFAULT_VAULT_LOCK:
-	604800
	values.StarkWareDiamond_upgradeDelay:
-	1209600
	values.tokenAdmins:
-	["eth:0xdc1bFbC2B8f01439eEea8e4659bbb452D0f9eE2A","eth:0xeDb0219557ba13816f1dEb7fA54688362B05A5aE"]
	values.UNFREEZE_DELAY:
-	31536000
	values.VERIFIER_REMOVAL_DELAY:
-	2419200
	values.VERSION:
-	"4.0.1"
+	"StarkEx-IMX-Migration-1.0.0"
	values.getAssetInfo:
+	[]
	values.migrationManager:
+	"eth:0xD2C37fC6fD89563187f3679304975655e448D192"
	values.NATIVE_ETH:
+	"eth:0x0000000000000000000000000000000000000Eee"
	values.rootSenderAdapter:
+	"eth:0x9Fabd9Cc71f15b9Cfd717E117FBb9cfD9fC7cd32"
	values.StarkWareProxy_upgradeDelay:
+	1209600
	values.vaultRoot:
+	"543280986076401044787518957175086881219650536676907070252569311042264623146"
	values.zkEVMBridge:
+	"eth:0xBa5E35E26Ae59c7aea6F029B68c6460De2d13eB6"
	values.zkEVMWithdrawalProcessor:
+	"eth:0xCeA34C706C4A18E103575832Dd21fD3656026D1E"
	fieldMeta:
-	{"$admin":{"severity":"HIGH","description":"Permissioned to upgrade the proxy implementations and access all `onlyGovernance` restricted functions in the various implementation contracts."},"isFinalized":{"severity":"HIGH","description":"Finalizes most of the configuration of the contract, which cannot be changed afterwards (only thorugh an upgrade)."},"DEPOSIT_CANCEL_DELAY":{"description":"The time delay required before canceled deposits to the L2 can be reclaimed."}}
	implementationNames.eth:0x4EDD62189732e9fF476ABa880b48c29432A7AC9B:
-	"StarkExchange"
	implementationNames.eth:0x62BCA4DB742A99c834e2c24b609656A70EA25379:
-	"AllVerifiers"
	implementationNames.eth:0x8536850750956c2FEebeCAB786d82271a5467687:
-	"TokensAndRamping"
	implementationNames.eth:0x1c3A4EfF75a287Fe6249CAb49606FA25659929A2:
-	"StarkExState"
	implementationNames.eth:0x3799ad2a4Eb4E882219B02C036656d4ECbD437A1:
-	"ForcedActions"
	implementationNames.eth:0x1688abB0B5c72F34B7f78e857Aa317deD5B5D339:
-	"OnchainVaults"
	implementationNames.eth:0xB3788a88F063B217227E27ae16Ba550db3132bE6:
-	"ProxyUtils"
	implementationNames.eth:0x58b5484F489f7858DC83a5a677338074b57de806:
+	"StarkExchangeMigration"
	category:
-	{"name":"Local Infrastructure","priority":5}
	}

-	Status: DELETED
	contract GpsFactRegistryAdapter (eth:0x6e3AbCE72A3CD5edc05E59283c733Fd4bF8B3baE)
	+++ description: Adapter between the core contract and the eth:0x47312450B3Ac8b5b8e247a6bB6d523e7605bDb60. Stores the Cairo programHash (`3485280386001712778192330279103973322645241679001461923469191557000342180556`).

	contract IMXAdminMultisig (eth:0xD2C37fC6fD89563187f3679304975655e448D192) {
	+++ description: None
	receivedPermissions.0.via:
+	[{"address":"eth:0xdE2BCd3F0297d29c25e83228E5A33C0b43b51Ec8"}]
	receivedPermissions.0.role:
-	".$admin"
+	"admin"
	receivedPermissions.0.from:
-	"eth:0x5FDCCA53617f4d2b9134B29090C87D01058e27e9"
+	"eth:0x4f49B53928A71E553bB1B0F66a5BcB54Fd4E8932"
	receivedPermissions.0.permission:
-	"governStarknet"
+	"upgrade"
	receivedPermissions.1.role:
-	".$admin"
+	"admin"
	receivedPermissions.1.description:
-	"manage the token admin role."
	receivedPermissions.1.permission:
-	"interact"
+	"upgrade"
	receivedPermissions.2.via:
+	[{"address":"eth:0xdE2BCd3F0297d29c25e83228E5A33C0b43b51Ec8"}]
	receivedPermissions.2.role:
-	".$admin"
+	"admin"
	receivedPermissions.2.delay:
-	1209600
	receivedPermissions.2.from:
-	"eth:0x5FDCCA53617f4d2b9134B29090C87D01058e27e9"
+	"eth:0xBa5E35E26Ae59c7aea6F029B68c6460De2d13eB6"
	directlyReceivedPermissions:
+	[{"permission":"act","from":"eth:0xdE2BCd3F0297d29c25e83228E5A33C0b43b51Ec8","role":".owner"}]
	}

+	Status: CREATED
	contract AxelarGasService (eth:0x2d5d7d31F671F86C782533cc367F14109a082712)
	+++ description: None

+	Status: CREATED
	contract AxelarGatewayProxyMultisig (eth:0x4F4495243837681061C4743b74B3eEdf548D56A5)
	+++ description: None

+	Status: CREATED
	contract RootAxelarBridgeAdaptor (eth:0x4f49B53928A71E553bB1B0F66a5BcB54Fd4E8932)
	+++ description: None

+	Status: CREATED
	contract StarkExchangeMigration (eth:0x58b5484F489f7858DC83a5a677338074b57de806)
	+++ description: None

+	Status: CREATED
	contract Operators (eth:0x7DdB2d76b80B0AA19bDEa48EB1301182F4CeefbC)
	+++ description: None

+	Status: CREATED
	contract ChildERC20 (eth:0x8804A8aA1F18f23aE8A456dD73806FdA3219FaD1)
	+++ description: None

+	Status: CREATED
	contract VaultRootSenderAdapter (eth:0x9Fabd9Cc71f15b9Cfd717E117FBb9cfD9fC7cd32)
	+++ description: None

+	Status: CREATED
	contract RootERC20BridgeFlowRate (eth:0xBa5E35E26Ae59c7aea6F029B68c6460De2d13eB6)
	+++ description: None

+	Status: CREATED
	contract Wrapped Ether Token (eth:0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2)
	+++ description: None

+	Status: CREATED
	contract ProxyAdmin (eth:0xdE2BCd3F0297d29c25e83228E5A33C0b43b51Ec8)
	+++ description: None

+	Status: CREATED
	contract Immutable X Token (eth:0xF57e7e7C23978C3cAEC3C3548E3D615c346e79fF)
	+++ description: None

2026 March 02, 11:28 UTC

2changes

Rotated ms member.

	contract IMXAdminMultisig (eth:0xD2C37fC6fD89563187f3679304975655e448D192) {
	+++ description: None
	values.$members.5:
-	"eth:0xb3538EDB1cD74AE43e0aD25eac6F03553657E3fB"
+	"eth:0x94e97260182B9537822687Dd3c301225c6f87a5e"
	}

2025 March 07, 13:48 UTC

2changes

MS: single member change.

	contract IMXAdminMultisig (0xD2C37fC6fD89563187f3679304975655e448D192) {
	+++ description: None
	values.$members.5:
-	"0xbD8Dc294478ec4dAd9f1b4596bf275f4d0309817"
+	"0xb3538EDB1cD74AE43e0aD25eac6F03553657E3fB"
	}

2024 December 12, 15:33 UTC

6changes

Removed Multisig1 as admin of StarkExchange, now admin is only Multisig2.

	contract StarkExchange (0x5FDCCA53617f4d2b9134B29090C87D01058e27e9) {
	+++ description: None
	issuedPermissions.1:
-	{"permission":"upgrade","target":"0xD2C37fC6fD89563187f3679304975655e448D192","via":[]}
	issuedPermissions.0.target:
-	"0x9C41deab42Bae7c0ec4DB3cECc0faD86F4D6EC91"
+	"0xD2C37fC6fD89563187f3679304975655e448D192"
	values.$admin:
-	["0x9C41deab42Bae7c0ec4DB3cECc0faD86F4D6EC91","0xD2C37fC6fD89563187f3679304975655e448D192"]
+	"0xD2C37fC6fD89563187f3679304975655e448D192"
	}

-	Status: DELETED
	contract IMXProxyGovernanceMultisig1 (0x9C41deab42Bae7c0ec4DB3cECc0faD86F4D6EC91)
	+++ description: None

Operator

The system has a centralized operator

The operator is the only entity that can propose blocks. A live and trustworthy operator is vital to the health of the system. Typically, the Operator is the hot wallet of the StarkEx service submitting state updates for which proofs have been already submitted and verified.

MEV can be extracted if the operator exploits their centralized position and frontruns user transactions.

Operator - StarkEx documentation

Users can force exit the system

Force exit allows the users to escape censorship by withdrawing their funds. The system allows users to force the withdrawal of funds by submitting a request directly to the contract onchain. The request must be served within a defined time period. If this does not happen, the system will halt regular operation and permit trustless withdrawal of funds.

Users can be censored if the operator refuses to include their transactions. However, there exists a mechanism to independently exit the system.

Censorship Prevention - StarkEx documentation

Withdrawals

Regular exit

The user initiates the withdrawal by submitting a regular transaction on this chain. When the block containing that transaction is settled the funds become available for withdrawal on L1. ZK proofs are required to settle blocks. Finally the user submits an L1 transaction to claim the funds. When withdrawing NFTs they are minted on L1.

Withdrawal - StarkEx documentation

Forced exit

If the user experiences censorship from the operator with regular exit they can submit their withdrawal requests directly on L1. The system is then obliged to service this request. Once the force operation is submitted and if the request is serviced, the operation follows the flow of a regular exit.

Emergency exit

If the enough time deadline passes and the forced exit is still ignored the user can put the system into a frozen state, disallowing further state updates. In that case everybody can withdraw by submitting a merkle proof of their funds with their L1 transaction.

Permissions

A dashboard to explore contracts and permissions

Go to Disco