2026-01-19 23:41:38

A major glitch struck a leading perpetual futures platform when Bitcoin's price crashed to $0, triggering a devastating liquidation cascade across leveraged positions. The incident forced the protocol to execute an emergency chain rollback to contain the damage. This kind of flash crash and subsequent system failure raises critical questions about oracle reliability, risk circuit breakers, and how decentralized exchanges manage extreme market conditions without traditional circuit-breaker mechanisms.

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MetaverseHobo

· 16h ago

This exchange is really outrageous. Bitcoin going to zero? That's hilarious. What kind of terrible oracle is that?

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ProposalManiac

· 16h ago

Look at this issue. Data like $0 should never be fed in from the oracle—it's not a problem with the mechanism, but with the pre-validation being essentially useless. Rollback can be a quick fix, but governance vulnerabilities can never be fully patched.

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