Oval Enables Lending Protocols to Capture Oracle Extractable Value (OEV) through MEV-Share Auctions
Oval Enables Lending Protocols to Capture Oracle Extractable Value (OEV) through MEV-Share Auctions
Oval, a solution developed by UMA in collaboration with Flashbots, allows lending protocols to capture a significant portion of the Oracle Extractable Value (OEV) generated during liquidations that was previously lost to the MEV supply chain. Oval runs order flow auctions in Flashbots' MEV-Share to effectively price liquidations and redirects up to 90% of the OEV back to the lending protocols. This helps lending protocols reclaim lost value, improve capital efficiency, and generate revenue from liquidations. The integration of Oval with Chainlink Data Feeds simplifies MEV capture without the need for code changes.
Oval helps lending protocols capture millions of dollars of free money each year. But MEV capture is only possible thanks to the infrastructure built by Flashbots. Oval is the first application built on Flashbot鈥檚 MEV-Share protocol. Here鈥檚 why that matters.馃馃憞 Flashbots is
Liquidations are an essential component of DeFi lending. However, they are broken. Current models cause lending protocols to leak millions of dollars of value each year. Oval is a solution to this problem. Read on to learn why. 馃 Permissionless lending is one of DeFi鈥檚 most
Ready to become the first liquidator to use Oval? We're running a Capture the Flag competition to test Oval liquidations. Submit bundles to liquidate test honeypots and win. 馃挵 Starts on Monday, Feb 19th.
With Oval, lending protocols can instantly start capturing OEV. No changes to the contract code, no re-audits, and no re-deployments necessary. It鈥檚 a simple plug-and-play solution that鈥檚 compatible with any EVM-based protocol. 馃 @chrismaree_ @hal2001 @therollupco
Permissionless liquidations are one of DeFi鈥檚 most crucial innovations. But they鈥檙e broken. To understand why, we must look to one of DeFi鈥檚 most successful use cases: lending protocols. In DeFi, demand for loans is high because people want leverage. Lending protocols can
MEV is a HUGE topic in the Ethereum ecosystem. With Oval, lending protocols can capture millions of dollars worth of MEV from oracle updates. This is known as Oracle Extractable Value, or OEV for short. Here鈥檚 a quick primer to OEV and how Oval is set to change DeFi forever.
Lending protocols are overpaying for liquidations. The amount overpaid doesn't secure the protocol. It gets lost to the MEV supply chain. With Oval, the market sets the price of a liquidation and the difference goes to the protocol as revenue. Hear more from @hal2001.
Capture the OEV you're losing today. Oval is built on top of Chainlink Data Feeds to make MEV capture easy. Lending protocols can earn millions in revenue without changing a line of code.
UMA Doubles Minimum Stake Requirement for Voting Gas Rebates to 1000 Tokens
**UMA increases voting participation barrier** Starting November 1st, UMA voters need to stake **1000 $UMA tokens** (up from 500) to qualify for gas rebates. This follows the initial introduction of minimum staking requirements in February 2025, when rebates shifted from universal coverage to requiring 500+ tokens. **Key changes:** - Minimum stake doubles from 500 to 1000 $UMA - Gas rebate eligibility becomes more restrictive - Change reflects ongoing cost management efforts The adjustment continues UMA's strategy to control rebate expenses, which previously surged 5x since July 2024. Full details: [docs.uma.xyz/using-uma/votin](https://docs.uma.xyz/using-uma/votin)
UMA's Optimistic Oracle Secures Polymarket with Real-World Data
**UMA's Optimistic Oracle** brings real-world data onchain to secure prediction markets like Polymarket. The system works through **three key steps**: - **Proposal**: Event outcomes are submitted to the oracle - **Challenge Period**: Proposed outcomes can be disputed within a set timeframe - **Resolution**: Challenged outcomes trigger decentralized dispute resolution This **decentralized approach** eliminates single points of failure, ensuring fair and trustworthy market outcomes through consensus rather than centralized control. **Key achievements**: - Resolved over **10,000 markets** for Polymarket - Secures multiple prediction platforms including poly_bet, ForeProtocol, and predictdotfun The Optimistic Oracle addresses prediction markets' core challenge: **accurately determining real-world event outcomes onchain** while maintaining decentralized integrity.
UMA Voting Platform Restored After Technical Issues
UMA has resolved technical issues that prevented votes from displaying in their dApp frontend. **Key Points:** - Voting functionality has been fully restored - Users can now participate in the current voting round - Platform offers up to 17% APR for staking and voting **What You Can Do:** - Visit [vote.uma.xyz](https://vote.uma.xyz/) to participate - Stake tokens to earn rewards while voting - Don't miss the current voting round The fix ensures voters can once again access UMA's oracle governance through the main interface.
Across Protocol V4 Announces Integration with Succinct Labs and UMA Protocol
Across Protocol has unveiled Version 4 of their bridge solution, marking a significant technical upgrade to their infrastructure. - Integration with Succinct Labs brings enhanced zero-knowledge proof capabilities - Security framework reinforced through UMA Protocol's optimistic oracle system - New version aims to improve cross-chain transaction efficiency The collaboration represents a strategic enhancement of Across's bridging architecture, combining Succinct's ZK technology with UMA's battle-tested security mechanisms.
UMA Dispute Voting Reaches 333 Unique Commits with 23.4M Tokens Staked
The latest UMA dispute voting round demonstrated significant participation with **333 unique commit addresses** and over **23.4M $UMA tokens** staked. This continues the protocol's growth trajectory from Q4 2024, when it first achieved an average of 100 commits per vote, later peaking at 462 commits in a single round. - 333 unique commit addresses - 23,484,787.52 $UMA tokens staked - Consistent growth from Q4 2024 Participate in securing truth onchain at [vote.uma.xyz](https://vote.uma.xyz/)