Tydro, the Layer 2 lending protocol under Kraken's Ink, has resumed operations following a temporary suspension due to a suspected state-level attack on its oracle provider. The protocol paused its markets on May 4 after Chaos Labs identified a compromise in the oracle provider, recommending immediate suspension. Despite the attack, Tydro reported no abnormal price feeds or impact on user positions.
After migrating to Chainlink oracles, Tydro implemented a 48-hour time lock and a four-hour grace period for borrowers with health factors below 1 to manage their positions without liquidation. Tydro, a white-label deployment of Aave v3, recently surpassed a total market size of $700 million.
Tydro Resumes Operations After Migrating to Chainlink Oracles
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