ID:
mycelium-1399
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Arbitrum
Protocol
Dexes
Unknown
Extended Method:
Unknown
Days in Operation:
146
(0.40 Years)
100 pts each
The team reported that an issue developed overnight via 1 of the 3 data providers. While another data provider was down due to IP blocking. Causing a discrepancy in median price of MLP token.
It is suspected that a bot detected the discrepancy and began arbitraging with higher than usual volumes, leading to degradation of MLP of somewhere between 4-6%. With 24-hour vol exceeding $218M. Despite 70% of fees being directed back to LPs, there was a recognised loss.
DISCLAIMER: While web3rekt has used the best efforts in aggregating and maintaining this database, this web site makes no representations or warranties with respect to the accuracy or completeness of its information and data herein, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose.
Under no circumstances, shall web3rekt be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the data and information derived from this database.