EthereumZuri.ch 2024

Oracle-free DeFi
04-05, 15:55–16:15 (Europe/Zurich), Verge Stage

I will present a new class of oracle-free DeFi protocols, that remove the need for oracles through mechanism design and incentives.


Many of the biggest DeFi protocols today have a critical dependency on price-oracles. This limits the degree to which they can be trustless and immutable. Additionally, price oracles are prone to different kinds of manipulation, I will present a new class of oracle-free DeFi protocols, that remove the need for oracles through auctions and incentive design.

Torgin is a smart contract security engineer at ChainSecurity, where he focuses on DeFi audits. He loves diving deep into complex technical topics such as blockchain design trade-offs and MEV.