← All cover types
Round lighthouse -- glow, sight.
OracleCover
Covers losses from oracle divergence and unfair liquidations.
Pool TVL
$0.58M
Active
62
Triggered
0
Base APR
3.0%
How this cover triggers
1
Continuously compares Pyth and Switchboard prices for the covered market.
2
If the gap exceeds the configured threshold and a liquidation lands inside that window, the cover engine flags it.
3
Holders are made whole for the portion attributable to the divergence.
Trigger
Pyth vs Switchboard price gap beyond a set threshold.
Oracle
Multi-oracle divergence detector
Payout
Absorbs the loss from the faulty liquidation.
Parameters
- Divergence band
- configurable > 1.5%
- Feeds
- Pyth + Switchboard
- Window
- liquidation slot ± 4
- Reference
- Pyth Lazer + Switchboard