Liquidations on Aave and the Role of OEV-Share
Liquidations on Aave and the Role of OEV-Share
Liquidations on Aave's V2 market on Ethereum Mainnet have been resulting in significant revenue leakage. Searchers typically give up 99% of their revenue to validators, with the majority going to builders who include their transactions. The introduction of OEV-Share aims to solve this issue by allowing liquidators to compete for oracle order flow, enabling dApps like Aave to recoup up to 99.9% of the incentives paid out. This would significantly improve protocol performance and help capture more value for the dApps themselves.
MEV is a problem & an opportunity. It's a problem for users, and yet it has created a huge economic surplus. The question is where should the value accrue? @MonocerosVen put together an amazing report on everything you need to know about OFAs & the changing MEV landcape: 🧵👇
Excited to share our deep dive into Order Flow Auctions (“OFAs”). Our team at Monoceros (@monocerosven) has talked to over 30 builders and researchers in the MEV space and put together what we believe to be the most thorough overview of OFAs to date. monoceros.com/insights/order…
Another liquidation today on @aave. This time a user was liquidated for over 285k $DAI. The liquidation incentives paid to the searcher were $10.4k! But how much of that did they keep? eigenphi.io/mev/eigentx/0x…
Another high-quality MEV report by @MonocerosVen, including an overview of liquidations and the role of searchers in capturing value in DeFi. Here's how OEV Share can change the liquidation landscape to improve protocol performance: 🧵👇
How do I become a MEV gigabrain & make sense of @tarunchitra's tweets ... is THE question I get asked the most. So, we @monocerosven decided to leave no stone unturned & wrote one of the most comprehensive overviews of MEV to date: The MEV Book monoceros.com/insights/maxim…
As market activity intensifies, we're witnessing a significant surge in trading volumes leading to increased liquidations. Yesterday, for instance, a user was liquidated for $76,831.5 $USDC on @aave v2 Ethereum. 🧵1/13 eigenphi.io/mev/eigentx/0x…
🚨 OEV Alert! 🚨 Yesterday a user was liquidated for over $8.9M on @aave V2 market on Ethereum Mainnet. The incentive for this specific liquidation was nearly $270,000! eigenphi.io/mev/ethereum/l…
dApps are leaking a lot of value due to MEV. @aave paid 130 ETH of a users funds to a validator for this liquidation execution. With OEV-Share, the user could have received that 130 ETH in a single transaction. All dApps are going to need MEV solutions. eigenphi.io/mev/ethereum/t…
650+ ETH has been refunded to MEV Blocker users to-date. That's over 6x as much as the next-most-popular RPC endpoint. dune.com/cowprotocol/me… To start getting paid to protect yourself from MEV, simply click "Add to Wallet" on mevblocker.io. No hints required ;-)
OEV Network Cuts Arbitrum Auction Times in Half
**OEV Network is reducing auction lengths on Arbitrum from 30 seconds to 15 seconds**, scheduled for Monday, September 8 at 10:00 UTC. The network has maintained **100% uptime over 9+ months** with more than 1,500 auctions completed. The upgrade aims to speed up the auction process while maintaining system reliability. - Auction time: 30s → 15s - Target date: Sept 8, 10:00 UTC - Expected minimal downtime - Updates via OEV Discord Channel OEV Network allows MEV searchers to bid for valuable price updates, with auction proceeds returning to the originating dApps.
API3 Pauses Services on Two Networks Due to Technical Issues
**API3 announces service changes** affecting two major networks: - **Polygon zkEVM Mainnet Beta** will be discontinued by Polygon due to technical challenges and strategic shifts - **Kava Chain** feed maintenance will be paused until demand increases **Action Required:** Developers must **update their integrations by September 11, 2025** to avoid service disruptions. This follows Polygon's previous servicing updates aimed at improving network performance and stability. The zkEVM beta shutdown represents a significant shift in Polygon's technical strategy. *Builders should review their current integrations and plan migration strategies accordingly.*
Morpho Labs and Yearn Finance OEV-Boosted Vault Update
Morpho Labs and Yearn Finance continue their collaboration on OEV (Maximal Extractable Value) recapture through their joint vault initiative. The OEV-Boosted USDC vault has shown significant growth since its launch, surpassing $10M in deposits. Key points: - Partnership focuses on returning value to users - Vault specifically designed for USDC deposits - Plans include expansion to additional markets and chains - Aims to provide sustainable yield opportunities Visit [Morpho's OEV-Boosted Vault](https://app.morpho.org/ethereum/vault/0x68Aea7b82Df6CcdF76235D46445Ed83f85F845A3/oev-boosted-usdc) to learn more.
ETHPrague Conference to Address DeFi Value Recapture Through OEV
The upcoming ETHPrague conference (May 27-29) will feature discussions on Optimistic Execution Value (OEV) in DeFi protocols. The event aims to educate developers and protocol owners about: - Methods to recapture value currently being lost in DeFi operations - Implementation strategies for OEV integration - Revenue enhancement opportunities for protocols The conference follows a successful presentation at ETH Bratislava, where similar topics were explored. Attendees can find representatives for detailed discussions by looking for Api3-branded participants.
Oracle Migration Guide: Earn Rewards and Enhance Security
A new migration guide helps lending protocols transition from Chainlink to API3, offering multiple benefits: - Earn revenue through Oracle Extractable Value (OEV) Rewards - Enhance security with multi-oracle support - Seamless upgrade process that maintains system stability The guide comes as lending protocols increasingly recognize untapped revenue potential in oracle services. @MetisDevs workshop provides implementation support for protocols looking to upgrade their oracle infrastructure.