Oracle Manipulation
| Oracle Manipulation is a mechanism that is commonly seen in the DeFi ecosystem. This is when the oracle smart contract is manipulated by hackers in order to gain an advantage. This can be done in a number of ways, but the most common is to exploit vulnerabilities in the smart contract code. This can allow the hacker to change the data that is being fed into the contract, which can then be used to their advantage. Oracle Manipulation is a serious problem in the DeFi ecosystem, as it can lead to the loss of funds for users. It is important to be aware of the risks involved in using DeFi applications, and to only use those that you trust. If you are using a DeFi application, you should always check to see if there have been any reports of Oracle Manipulation. |
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