1/ @synthetix_io Market Manipulation

We've received outreach about today's market manipulation. This incident is isolated to the $TRB market, resulting in a ~2m loss to $SNX stakers. Let’s give some background before diving into the attack. 2/ @synthetix_io powers various perp markets. Asset listing and monitoring are critical - factors like liquidity, volatility, and holder distribution must be monitored to gauge manipulation feasibility. @chaos_labs automates observability w the Risk Portal.

1/ @chaos_labs is proud to launch the @Uniswap V3 TWAP Oracle Risk Portal, in collaboration with @UniswapFND.

The Portal highlights real-time cost of of TWAP manipulation across V3 pools. 2/ But first, why is Oracle Manipulation an attractive exploit vector for attackers?

TWAP oracle manipulation leads to severe consequences for protocols that consume those price feeds, enabling attackers to distort prices, leading to economic exploits. Examples below 👇

1/ Excited to share that @chaos_labs has partnered with @GMX_IO to launch the GMX GLP Risk Hub! 🥳💥

V0 is live for @arbitrum @avax and focuses on margin at risk, real-time metrics, alerting, and VaR simulations.

community.chaoslabs.xyz/gmx-arbitrum/c…

Let's dive into the platform below! 👇 2/ Overview Page

The overview page presents top-level protocol metrics such as total GLP pool size, 24-hour fees and volume, and total open interest. The page also displays time series data on GLP pool value, composition, short and long open interest, and daily fees

1/ We are thrilled to announce we have secured $20M in seed funding led by @galaxyhq and @PayPal to automate on-chain risk optimization! 🔐 2/ @coinbase, @Uniswap, @lightspeedvp, @BessemerVP, @HashKey_Capital and top angels @balajis & @naval were also part of this amazing round. 🤝