2026-01-09 12:25:44

A certain on-chain monitoring system detected a large abnormal transfer, marked as related to Truebit Protocol operations, with approximately 8,535 ETH transferred out in a short period, valued at over $26 million. Following this, the TRU token experienced extreme price movements within the day, with a drop of up to 99.95%, almost collapsing completely.

According to on-chain data analysis, two major risk factors may be hidden behind this intense volatility: first, serious issues in the DEX liquidity pools, leading to insufficient trading pair depth and soaring slippage; second, a malfunction in the oracle price feeding mechanism, causing severe distortion of price signals and triggering market panic. Regardless of the situation, it reflects vulnerabilities in the project's risk management system.

This type of event once again reminds investors to carefully assess smart contract risks and liquidity conditions when interacting with DeFi protocols, to avoid sudden systemic risks.

ETH7,37%

TRU6,86%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
5
Repost
Share

Comment

0/400

AirdropLicker

· 01-12 09:11

99.95%？How bad is that, liquidity is gone... Is the oracle causing trouble again?

View OriginalReply0

Blockwatcher9000

· 01-10 13:56

99.95%? How outrageous does it have to be to drop like this... Did the liquidity pool just explode?

View OriginalReply0

RugpullTherapist

· 01-09 12:42

99.95% decline, this guy directly dropped from heaven to hell... Whether it's a liquidity pool crash or an oracle glitch, anyway, no one is pumping the market.

View OriginalReply0

ProxyCollector

· 01-09 12:32

A 99.95% drop? Oh my god, that's why I never touch low-liquidity small tokens... When oracles go wrong, it's truly unsolvable. Who can see that coming?

View OriginalReply0

ChainMelonWatcher

· 01-09 12:32

99.95% drop? That's basically zeroing out, who would still dare to touch this thing It's both a liquidity black hole and a oracle bug, feels like these projects haven't really audited their code 26 million USD evaporated in an instant, and there are still people's principal... I'm truly amazed Insufficient DEX depth and still allowing trading? Isn't this just digging a pit? Every time they say they've learned a lesson, but next time it's the same routine to cut the leeks Watching this, I feel for those people, you really need to check these details before entering Oracle scams are even more terrifying than smart contract bugs, at least you can review the code That's why I only stick to mainstream projects, small coins are riddled with risk management flaws

View OriginalReply0