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Mango Markets oracle manipulation

Mango Markets was manipulated in 2022 through trading that raised collateral value before assets were borrowed.

Reference note · Sources below

研究文章和参考条目以英语发布。导航提供七种语言。

人物与项目

本文目录
  1. Overview
  2. Why it matters
  3. What to check
  4. Sources

Overview

Mango Markets was manipulated in 2022 through trading that raised collateral value before assets were borrowed.

Why it matters

A valid market update became economically unsafe because liquidity was too thin for the credit it supported.

What to check

Reconstruct trades, oracle inputs, collateral and borrowing in block order.

Sources

相关阅读

市场结构

Oracle override power

An administrator or small signer set can replace the price that drives credit and liquidation.

市场结构

Oracle staleness

A correctly signed price can be too old for the market being settled.

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