Oval: Capturing Liquidation Oracle Extractable Value for Lending Protocols
Oval: Capturing Liquidation Oracle Extractable Value for Lending Protocols
🔒 Liquidation Season Profits
Oval is a new application built on Flashbots' MEV-Share infrastructure that allows lending protocols to capture Oracle Extractable Value (OEV) generated during liquidations. When Chainlink price feeds update and trigger potential liquidations, it creates OEV. Oval uses MEV-Share's order flow auctions to allow searchers to bid for the right to backrun these price updates and execute liquidations. The winning bid proceeds are then distributed to the lending protocol and oracle providers. This system promotes capital efficiency by ensuring liquidators are compensated based on market demand, redirecting up to 90% of OEV back to protocols. Over $2.5M has been lost to OEV on Aave and Compound in the past 30 days alone.
Almost 300 ETH is lost to MEV every day. This happens at the expense of everyone in the Ethereum ecosystem. How can we capture MEV and distribute the profits fairly instead? MEV Capture is about building tools that capture MEV and redirect it to the protocols and users that
Liquidation season is upon us. Last week, we witnessed over $6.7 million in liquidation volume across Aave and Compound, totaling almost $9.6 million over the past 30 days. About $2.5 million has been lost to OEV because of this.
Lending protocols can capture liquidation OEV with Oval. This is possible because Oval is built on MEV-Share infrastructure developed by Flashbots. Here’s how it works. Flashbots’ MEV-Share is an open-source protocol designed to capture MEV. It achieves this by efficiently
Over the last 7 days, 404 liquidations happened on @aave and @compoundfinance. These protocols paid $2.3M+ in liquidation incentives, 76% of which were lost to MEV. This is why MEV capture is crucial. More liquidations will happen in this bull market. Be prepared with Oval.
Start capturing OEV now with Oval. 🥚 Oval is a plug-and play tool that any EVM lending protocol can quickly integrate without making any contract adjustments. Simply plug in Oval and start getting paid to use your oracle. x.com/UMAprotocol/st…
Almost 300 ETH is lost to MEV every day. This happens at the expense of everyone in the Ethereum ecosystem. How can we capture MEV and distribute the profits fairly instead? MEV Capture is about building tools that capture MEV and redirect it to the protocols and users that
Across Protocol Considers Transition from DAO to U.S. C-Corp Structure
**Across Protocol**, a crosschain bridge and interoperability protocol secured by UMA, has published a temperature-check proposal to explore a significant structural change. The proposal examines whether Across should transition from its current DAO and token structure to a **U.S. C-corporation**. This would involve: - Token-to-equity exchange for existing token holders - Token buyout program - Shift from decentralized governance to traditional corporate structure This represents a notable trend in the web3 space, where some protocols are reconsidering their organizational structures. The temp-check allows the community to gauge sentiment before any formal decision is made. The proposal is currently in the discussion phase, inviting feedback from stakeholders on this potential evolution.
Across Protocol Offers Fast, Cheap Crosschain Bridging Secured by UMA
**Across Protocol** provides a crosschain bridge solution focused on speed, cost-efficiency, and security. The platform serves both individual users bridging assets and developers building crosschain applications. **Key features:** - Fast transaction processing - Low-cost bridging - Secured by [UMA's optimistic oracle](https://uma.xyz) - Intent-based architecture The protocol uses UMA to settle crosschain transactions, repay relayers, and resolve disputes with minimal trust assumptions. This approach provides flexibility while maintaining decentralized verification. Across serves as a reference model for intent-based crosschain infrastructure in the web3 ecosystem.
UMA Secures Super Bowl LX Predictions on Polymarket
**UMA is providing oracle infrastructure for Super Bowl LX prediction markets on Polymarket.** The protocol will secure onchain outcomes for the full weekend of Super Bowl betting activity. UMA's optimistic oracle technology enables decentralized verification of real-world events for prediction markets. - UMA serves as the oracle layer verifying Super Bowl outcomes - Polymarket has seen over $67M in Super Bowl betting volume - The integration demonstrates growing adoption of decentralized prediction markets This continues UMA's role in powering the prediction market infrastructure stack.
MetaMask Integrates UMA-Secured Bridging and Predictions
MetaMask has integrated two major UMA-secured protocols directly into its wallet interface: - **Across Protocol** for cross-chain bridging - **Polymarket** for prediction markets Both services leverage UMA's optimistic oracle technology for security. This integration brings decentralized bridging and prediction market functionality directly to MetaMask users without leaving the wallet interface. The move represents a significant step in making DeFi infrastructure more accessible to mainstream users through familiar interfaces.
Delphi Digital Launches Research Markets on Polymarket
**Delphi Digital** has launched prediction markets on **Polymarket**, secured by UMA's optimistic oracle technology. - The markets focus on industry research outcomes - UMA provides the oracle infrastructure ensuring market security - This represents a new approach to research validation through prediction markets The integration combines Delphi Digital's research expertise with Polymarket's prediction market platform and UMA's decentralized oracle system.