[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
There are concerns about a potential issue with the oracle, a foundational component, which could be causing recent problems. Some users are speculating that this issue may have led to a $XX billion liquidation cascade and are questioning whether it was the cause of a recent incident involving Binance and Ethena Labs. Investigations and discussions are ongoing about the root cause and potential solutions.
Social category influence exchanges #932 technology brands XXXXX% finance XXXX%
Social topic influence oracle #116, binance #398, okx #18, october 2025 #2128, the only 2.9%, usde 2.9%, hedging #22, perp 1.45%, zk 1.45%, devs XXXX%
Top accounts mentioned or mentioned by @alt_layer @binance @houseofzk @eliottmea @ethenalabs @altlayer @arthur0x @bensontwn @eigenlayer @vitalikbuterin @ethereum @okx @bybitofficial @bitgetglobal @tracybbd @0xpaulthomas @sreeramkannan @satyaki44 @alt_layer_pinas @ychaser11
Top posts by engagements in the last XX hours
"Blockchains' underlying infra is still on cloud(aws/gcp). Not just for cex but also for perp dex. The bottleneck is always on the infra of cex server/dex or sequencer/validator. And for most time there's a limit for the physical machine"
X Link @yq_acc 2025-10-13T05:23Z 87K followers, 3352 engagements
"Here we go Chapter X. The oracle is the foundation. When it cracks everything above it crumbles. We've known this since February 2020. We've paid billions to learn it repeatedly. The only question is whether October 2025 was expensive enough to make us finally act on what we already know. In modern interconnected markets oracle design isn't just about data feedsit's about systemic stability. Get it wrong and $XX million can destroy $XX billion. Get it wrong repeatedly and you're not learning from history. You're just getting more expensive at repeating it. Thanks to the conversations with"
X Link @yq_acc 2025-10-12T18:03Z 87.2K followers, 77.8K engagements
"@eliottmea Yeah"
X Link @yq_acc 2025-10-12T21:23Z 85.9K followers, 1255 engagements
"ZK is hard. Pico empowers devs with zero experience in zk to build zk apps. @no89thkey @brevis_zk"
X Link @yq_acc 2025-09-30T04:25Z 87.2K followers, 15.6K engagements
"Reminded by @BensonTWN @Arthur_0x I further explored the data points of @ethena_labs price at 9:18 pm UTC and 9:19 pm UTC on XX Oct across @binance @okx @Bybit_Official @bitgetglobal . XXXX - XXXX at 9:18 pm XXXX - XXXX at 9:19 pm It looks like mms withdrew the liquidity causing the liquidity vacuum and price drop across all these exchanges which also validates the points in the post"
X Link @yq_acc 2025-10-14T16:39Z 87.2K followers, 61K engagements
"@eliottmea Offchain oracle is normally diff from onchain ones"
X Link @yq_acc 2025-10-12T21:29Z 85.7K followers, XXX engagements
"Compensation Plan All Futures Margin and Loan users who held USDE BNSOL and WBETH as collateral and were impacted by the depeg between 2025-10-10 21:36 and 22:16 (UTC) will be compensated together with any liquidation fees incurred. The compensation amount will be the difference between the market price at 2025-10-11 00:00 (UTC) and their respective liquidation price. To prevent recurrence Binance will implement additional safeguards and has adjusted relevant parameters as follows: The redemption price will be added to the BNSOL WBETH and USDE price index weights. The USDE index rule will"
X Link @yq_acc 2025-10-12T09:22Z 87K followers, 6832 engagements
"Anyone looking for the third part"
X Link @yq_acc 2025-10-12T09:35Z 87.3K followers, 8892 engagements
"My observation and understanding on "How a Tariff Announcement Turned Into Crypto's $XX Billion Liquidation Cascade""
X Link @yq_acc 2025-10-11T17:09Z 87K followers, 7159 engagements
"@YourAirdropETH Thx for the translation"
X Link @yq_acc 2025-10-14T08:43Z 86.8K followers, XX engagements
"@ballsyalchemist That can be one angle. Meanwhile the volume of usde is too huge on BN and the oracle weight there should also be huge. Unless it cites the dex oracle price or hard peg 1:1 which is more concerned"
X Link @yq_acc 2025-10-12T14:59Z 85.5K followers, XX engagements
"A lot of viewers asking if this is a coordinated attack on @binance @ethena_labs . I got some interesting findings in this new post @binance and @ethena_labs have reacted quickly to address the issues. @cz_binance @heyibinance @gdog97_ Please further investigate if it's under attack"
X Link @yq_acc 2025-10-12T07:34Z 87.2K followers, 1852 engagements
"@gdog97_ Do you think its a coordinated attack on @binance and @ethena_labs"
X Link @yq_acc 2025-10-12T09:42Z 85.8K followers, 2009 engagements
"@dax8k Risk hedging"
X Link @yq_acc 2025-10-14T06:18Z 87.2K followers, 1400 engagements
"@kaledora @OstiumLabs How do you handle the price oracle when the spot market is closed for these onchain stocks or gold"
X Link @yq_acc 2025-10-12T09:34Z 85.9K followers, XXX engagements
"@Mojo_Crypto_BTC Ty"
X Link @yq_acc 2025-10-14T05:21Z 87.1K followers, XX engagements
"Great response from @binancezh"
X Link @yq_acc 2025-10-11T17:15Z 87K followers, 2086 engagements
"@0xJMG Defi can solve some of the issues but the liquidity vacuum from order books is not easy to fix if the server/chain is too busy to handle millions of requests per sec"
X Link @yq_acc 2025-10-12T02:10Z 87K followers, 2027 engagements
"GM chads after X chapters I'm collecting more data and materials for Chapter 6: "perp is not perfect for hedging". If you have any real examples feel free to share in the comments or dm me. Also check the other pieces if missing any. Chapter X Overview: Chapter X Depeg: Chapter X Oracle: Chapter X Market Maker: Chapter X ADL:"
X Link @yq_acc 2025-10-15T17:17Z 87.3K followers, 5337 engagements
"Readers may ask questions that why some mms had to pull off liquidity this time. One answer is that they ran delta-neutral strategies on both sides on perp and their short positions may be to close during the crash so they didn't have sufficient hedge protections for their long positions. Therefore it's more realistic for them to withdraw liquidity. Of course we can say why they didn't buy the dip to earn more. Cuz they didn't know when it's the bottom and they were not liquidity fund to risk their positions to do one-side long. There's one example in the article to check out. Case Study: The"
X Link @yq_acc 2025-10-15T09:16Z 87.2K followers, 11.6K engagements
"@chip1cr Mainly oracle issue"
X Link @yq_acc 2025-10-12T20:37Z 87.2K followers, 2346 engagements
"Thanks everyone so much for all the support. TBH a lot of my friends got hit hard this time. Upon watching the price drop of our ticker since Sat early morning my heart was bleeding and I barely could sleep for the past two days. Digging more info and writing these articles are also a big relief for me. Hope these articles are helpful and will release new piece soon"
X Link @yq_acc 2025-10-13T06:49Z 87.2K followers, 13.5K engagements
"Circuit breaker may not work properly in crypto market as its permissionless and 24/7 especially therere tons of perp dex. Unless major cex and dex can work together on circuit breaker mechanism traders or mms couldnt hedge if one place has circuirt breaker but other places dont. Min quoting obligation is a much better and easier way to impl especially if cex/dex can provide decent incentives for mms to seed liquidity during the market turbulence like Fri"
X Link @yq_acc 2025-10-14T05:16Z 87.2K followers, 5259 engagements
"@BensonTWN @Arthur_0x @ethena_labs @binance @okx @Bybit_Official @bitgetglobal Look forward to it"
X Link @yq_acc 2025-10-14T18:40Z 87.2K followers, XXX engagements
"@GovernorHat Did it trigger ADL"
X Link @yq_acc 2025-10-15T18:32Z 87.2K followers, XXX engagements
"@trader_koala @JJcycles @BensonTWN @Arthur_0x @ethena_labs @binance @okx @Bybit_Official @bitgetglobal Dont think this is the case. It hurts cex more than dex"
X Link @yq_acc 2025-10-15T07:08Z 87.2K followers, XX engagements
"Dear friends thx for long waiting. Let's go with Chapter 4: liquidity vacuum. Today I turn to perhaps the most critical yet underappreciated aspect: how market makersthe entities supposedly providing market stabilitybecame primary catalysts in creating an unprecedented liquidity vacuum that transformed a manageable correction into a $XX billion catastrophe"
X Link @yq_acc 2025-10-13T20:58Z 87.2K followers, 252.9K engagements
"@pondermint So you got liquidated at ADL price not the higher limit price you set It's supposed to trigger ur limit price first right"
X Link @yq_acc 2025-10-15T09:26Z 87.2K followers, XXX engagements
"@ryanahern Pretty tough to impl circuit breaker for permissionless 24/7 market"
X Link @yq_acc 2025-10-14T04:57Z 87.1K followers, XX engagements
"@Aira_meca @BensonTWN @Arthur_0x @ethena_labs @binance @okx @Bybit_Official @bitgetglobal Ty"
X Link @yq_acc 2025-10-14T19:31Z 87.2K followers, XXX engagements
"@cyber_amb @BensonTWN @Arthur_0x @ethena_labs @binance @okx @Bybit_Official @bitgetglobal Ty"
X Link @yq_acc 2025-10-14T16:48Z 87.2K followers, XXX engagements