Oracle · CryptoSlate
Pragma flags 6 price feeds as critical risk following $3.5 million Starknet lending exploit
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
Oracle provider Pragma classified 6 of 22 mainnet market and rate feeds as critical risk in a Sept. 18 assessment, warning lenders that an available token price does not establish that collateral can be sold to cover a loan.
Key facts
- At token quantities valued by the oracle at $10,000, sell-quote deterioration was about 15% for NSTR, 17% for EKUBO, 22% for LORDS, and 20% for BROTHER, measured against quotes for $10 sales
- Oracle provider Pragma classified 6 of 22 mainnet market and rate feeds as critical risk in a Sept
- The Sept. 17 announcement leaves the subsequent status of withdrawals and recovery unconfirmed
- Pragma placed BROTHER, DAI, DOG, EKUBO, LORDS and NSTR in its critical category, with nine other feeds rated high risk
Summary
01 Pragma rated 6 of 22 feeds critical, warning that a quoted token price does not prove liquid collateral. 02 $10,000 sell quotes deteriorated 15%–22% for four tokens, exposing liquidation risk in thin markets. 03 Nostra’s final losses, recoveries and withdrawal status remain unknown after its $3.5M borrowing exploit. The liquidity report followed a Sept. 17 borrowing exploit at Nostra, a lending protocol on Starknet.