@lordgadsby

White paper vs reality: What the white paper says — and what actually happened. Drift advertises protections: reject extreme outliers, smooth prices via medians/TWAP so short wicks don’t dominate, and trigger a pause if data is volatile or uncertain. In practice, none of this engaged. An isolated Bybit print propagated into the mark price, liquidations proceeded immediately, and there was no pause state or remediation. That is a direct failure to deliver the safeguards users are told to rely on.

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