An oracle vulnerability is a weakness in the design or implementation of a decentralized oracle system that provides external data to smart contracts. Such flaws can lead to the provision of incorrect or manipulated data, compromising the integrity of the smart contract’s execution. This can result in significant financial losses or system failures.
Context
Oracle vulnerabilities are a persistent concern within the decentralized finance (DeFi) ecosystem, as many smart contracts rely on oracles for crucial real-world data like asset prices. News reports frequently detail instances where oracle manipulation has led to exploits, underscoring the critical need for robust data validation and security mechanisms. The development of more resilient and secure oracle solutions remains a priority for the industry.
An integer division flaw in a newly deployed vault allowed attackers to manipulate exchange rates, enabling undercollateralized borrowing and significant asset drain.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.