A crypto trader lost over $500,000 following a series of large trades on the deUSD/USDT Curve pool, sparking criticism of onchain oracles like Chainlink, who allegedly fell victim to market manipulation. The volatility in the deUSD price triggered a liquidation on the Euler platform. Industry voices suggest a better pricing system to handle illiquid pools and increase price stability. Despite the backlash, Chainlink remains the largest oracle in operation securing around $45 billion in assets across various chains.
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