Earlier today, the Chainlink deUSD oracle on Avalanche🔺 falsely reported a price of 1.02832626 USD per deUSD, leading to over 500k in liquidations on the Euler Labs market for those with deUSD debt. We can't tell what prompted multiple oracles to report this high price, as none

As we've seen a lot of discussion around the depeg, let us summarize exactly what caused the movement in the deUSD Chainlink oracle. First off, the deUSD oracle uses volume-weighted average price (VWAP) methodology. In simpler terms, the oracle assigns prices to the asset based

in 6 hours, we will congratulate the 50 wallets that got in

Congrats to everyone that got into Plasma, depositing was possible even manually through the website. While some paid less than 10$ to deposit millions, other did overpay just a little bit... etherscan.io/tx/0xa56a6dd2e…

Continuing our saga of highlighting cool stuff in DeFi, there's a new meta-aggregator on the block: Matcha Meta. Matcha Meta has two great features that made us use it: 1. Simulated quotes: Every aggregators' quote is simulated to see if the quoted output amount matches if

Great discord of a fellow yammer, consider joining!

Be careful providing liquidity on Kittenswap (🐱,🐱). Their newly deployed gauges to farm $KITTEN emissions are proxied. The proxy owner is a wallet, not a multisig. There is no timelock. This applies to most of the contracts (Voter, RebaseReward, Minter, CL Gauge Beacon, etc.

Gigantic red flag from the Kittenswap (🐱,🐱) founder. We're not going to speculate on what's going on, but please, withdraw.

Get out of Falcon Finance. Falcon is associated with DWF Labs, everyone knows their reputation. While their Reserve Reports done by ht.digital take daily snapshots of the collateral, the exact positions/tokens USDf are backed by are unclear. Their latest report mentions them

This Aave /Ethena Labs integration is a pure cook. The one key observation here is that vast majority of USDE supply growth right now is directly a result of the PT Pendle loops + vanilla loops on Aave. It’s a free arb at expense of lazier usdc/t lenders who are getting