🧵prettier charts ≠ better data
1/
DeFi depends on oracles.
Without them, protocols are flying blind.
But here's the problem:
Oracles are not just data feeds.
They are systems of trust.
👇
2/
Price oracles don’t just report the truth — they decide when it’s true.
A 15s delay?
That’s the difference between a healthy liquidation or a protocol exploit.
Most hacks? Start with the oracle.
3/
Compare:
Chainlink: secure, decentralized, but slow and costly.
Pyth: fast, low-latency — but updates only on trades, not time.
UMA: optimistic oracle — fast by default, but challengeable.
Each one trades off speed, cost, and trust assumptions.
4/
You can’t just pick an oracle. You have to design around it.
If your protocol assumes real-time data, you'd better be damn sure your oracle can deliver.
Otherwise?
Someone will front-run you. Or drain your vault.
5/
Better charts don’t mean better data.
Look deeper.
Because in DeFi, whoever controls the oracle...
controls reality.
#Finance #MakeMoney
