With the proliferation of “highly profitable trading strategies” on lending protocols which have used insecure oracles, it is incredibly important that Hadron’s oracles are secure from manipulation.
This is why we are partnering with Adrastia to use their oracles for our lending protocol.
Adrastia aggregates prices across the top decentralized exchanges, providing a secure source of truth for the price of any token.
Rather than bringing off-chain data on-chain, Adrastia aggregates data secured by network validators, eliminating attack surface. Unlike pure Uniswap v2/v3 TWAPs, Adrastia updaters perform validation to prevent manipulation and inaccuracy.
Adrastia price feeds are expensive and difficult to manipulate, protecting users’ collateral, while allowing Hadron to list collateral that any other solution otherwise might not be able provide data for.
Because Adastria is using on chain data as opposed to data on an asset on the main chain, Hadron has oracles specific to the asset price. In other words, if the Nomad hack had happened with Hadron around, users could have made money.
This opens up possibilities around being able to take a position on bridge solvency, which is a highly novel solution which is not found with existing lending protocols,
For further information about Adastria’s methodology and code, please consult the documentation.
About Hadron
Hadron is a lending protocol based on Compound that will be deployed on Evmos. It seeks to tap the vast assets within Cosmos by bringing borrowing and lending into the mix.
About Adrastia
Adrastia is a secure oracle solution which aggregates prices across the top decentralized exchanges, providing a secure source of truth for the price of any token. Adrastia updaters perform validation to prevent manipulation and inaccuracy.