Oracle Security
Multyr contracts are deployed on Arbitrum One. The system is currently in validation phase. Deposits are not open to the public. Behavior described on this page reflects the protocol's designed behavior; some mechanisms are active in shadow testing, others become active at public launch. See the Status page for details.
Multyr relies on external price feeds for valuation and execution decisions.
The system implements multiple safeguards to ensure oracle integrity.
Oracle Source
Primary data source:
- Chainlink Aggregators
Accessed via:
latestRoundData()- on-demand reads (no cached price dependency)
Staleness Protection
Each oracle feed is validated against staleness thresholds:
| Parameter | Value |
|---|---|
| Minimum staleness | ~1 minute |
| Maximum staleness | ~24 hours |
| Default threshold | ~1 hour |
If data exceeds allowed staleness:
- deposits are blocked
- strategy operations may halt
- withdrawals remain available
Secondary Oracle Validation
Optional secondary oracle provides cross-validation.
Mechanism:
- compare primary and secondary prices
- compute deviation
If deviation exceeds threshold (~2% default):
→ transaction reverts (OraclePriceMismatch)
Fallback Behavior
| Scenario | Deposits | Withdrawals | Strategy Ops |
|---|---|---|---|
| Primary stale | Blocked | Allowed | Blocked |
| Secondary down | Allowed | Allowed | Allowed |
| Both stale | Blocked | Allowed | Blocked |
| Deviation exceeded | Blocked | Allowed | Blocked |
Warm NAV as Secondary Layer
In addition to price feeds, the system uses a warm NAV cache:
- must be refreshed periodically
- max age ~15 minutes
If stale:
- deposit path enforces refresh
- may revert if invalid
- withdrawals never blocked
Safety Design
The oracle system is designed to:
- prevent incorrect pricing
- avoid forced liquidations
- ensure safe degradation
Key Guarantees
- withdrawals are never blocked due to oracle issues
- deposits are only allowed with valid pricing
- system avoids acting on invalid data
Summary
Multyr's oracle system combines:
- primary Chainlink feeds
- optional secondary validation
- staleness controls
- execution guards
ensuring safe and reliable pricing across all operations.