I’m really love-and-fear about oracles… Last week, I saw someone get “mysteriously” liquidated for the third time. When I looked into it, it was basically those few minutes of being hit by price feed delays and lag: the price had already come back, but the contract was still calculating using the old price, so your position was treated as not sufficiently collateralized—and they cut it first. Plainly put, liquidation is based on the on-chain price feed, not the K-line you’re watching.



I’ve got two tactics myself right now: first, don’t open leverage to the point where it’s “just not爆”\u2014leave a bit of buffer (especially when volatility is high and when there’s congestion on-chain); second, check in advance the oracle’s update frequency and how many anomalies it has. If it often goes a few minutes without moving, I’d rather not play. For those tokens like in chain games that have inflation plus studio-driven dumping, when volatility spikes and the price feed slows down, the spiral gets even faster… Anyway, I’ll just play it safe; staying alive matters more than winning one round.
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