$500M has been stolen from DeFi protocols so far.
The thievery continues. With DeFi's growth, this number will skyrocket accordingly. Unless we do something about it.
The problem is that liquidations are in a knife fight.
But there's a solution already at the helm.
And in the knife fight, there are blood and casualties.
Protocols bleed value to MEV operators.
The growth strategies that could leverage that value are dead.
MEV operators collect rewards, not bringing much to the protocol.
This isn't a system. It's a leak.
Oracle Extractable Value (OEV) is a way to redistribute funds.
It's a way to bring the money back to protocols. Where it belongs.
It's not revenue optimization. It's fixing a broken incentive structure.
More on how OEV works ↓
A good OEV System should be
1. Fast, think atomic execution
2. Easy to adopt (no code changes)
3. Safe
4. Permissionless and open
5. Cross-chain by default
It’s the baseline. If an OEV system doesn’t meet these, it’s not good enough.
RedStone Atom: liquidator auctions happen simultaneously with price updates.
Everything bundled atomically. No delays, no separate transactions.
THE WHOLE PROCESS TAKES MAX 300ms 👀
This is cool in theory, but it's even better in practice.
We've worked with Venus Protocol, and the results speak for themselves.
^No code changes on their end either^
@VenusProtocol If you're already using RedStone oracles, we just need to flip the switch for OEV.
Zero downtime.
No contract tweaks.
No audits needed.
Curious to implement? DM me or @mattgurbiel.
RedStone OEV is live on BNB Chain, Unichain, Base and Berachain.
Cooking soon on HyperEVM, Base, Katana and all other EVM chains.
It's time to plug the leak.
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