Recently, I saw someone talking about liquidations again, so I’ll casually mention: the issue of oracle feed price delays, you usually don’t notice it, but during extreme volatility it’s like “you’re still looking at last second’s weather forecast.” The on-chain price jumps first, and the contract still calculates health based on the old price, so you think you can hold on, but the next update directly makes up for the gap with a sudden jump, and the liquidation line instantly rises from your feet to your neck… The same applies in reverse: the price comes back but the feed price hasn’t caught up, and your position is still considered “bad,” whether you’ve escaped or not. Basically, many liquidations aren’t because you guessed the wrong direction, but because you’re fighting against the time lag. Recently, I’ve also seen complaints about stacking “revenue” from staking and shared security being a kind of nested trap, and I can understand: once the underlying relies on a bunch of feed prices + liquidation logic to support it, any delay in one link makes the whole system more vulnerable, and the higher the stacking, the more painful the fall. Anyway, I now prefer to keep leverage smaller, leaving some margin for delays, and not betting on luck with the system.