Recently, I saw someone get liquidated again, and the comment section was all saying "How come I clearly didn't leverage and still got caught"... I was reminded of listening to old radios before, where the signal was choppy, broadcasting half a beat slow, making you think it was sunny outside when in fact it was already raining. The delay in oracle price feeds is the same: the on-chain price hasn't caught up yet, and the health of the position is like running on old batteries, suddenly jumping to the new price, and the liquidation line gets smashed through.



People think oracles are just "setting a price," which is pretty simple, but in reality, a delay of a few minutes can turn "still holding" into "too late to top up." During airdrop season, everyone is busy doing tasks and avoiding anti-witch hunts, earning points like clocking in at work, making it easier to overlook the old-fashioned thing of managing positions... Anyway, I now leave some margin when opening positions. If you're really playing, just treat the occasional radio static as a temporary glitch, and don't put your life on those few seconds of delay.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin