Monitoring & Circuit Breakers

Current mitigates risk with a real-time monitoring dashboard that continuously tracks protocol health across oracles, liquidity, and solvency. We run 3 on-chain circuit breakers, monitor an alert stack of 5 CRITICAL signals (sub-5-minute response), 13 WARNING signals (15–60 minute response), and 6 INFO indicators for daily review. Critical checks run every 1 minute, warning checks run every 5 minutes. Baseline (reference benchmarks) (e.g., liquidation volume) are calibrated using a 90-day rolling average (bootstrap threshold applied until sufficient data).

*Dashboard open to public access soon.

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CRITICAL alerts Details

• Bad debt detected

• Accounting mismatch

• Stablecoin depeg severe (>5% sustained)

• LST below redemption sustained (>5% sustained)

• Sustained oracle degradation (Pyth confidence >tolerance for >10 min)

The first two indicate funds are already at risk. The remaining three indicate conditions where user fund loss is the direct consequence if unaddressed.

WARNING alerts Details

Liquidation cascade, supply/borrow ratio declining, elevated liquidation volume, EMA/Spot divergence rising, early depeg signals (stablecoin + LST), stablecoin depeg sustained (2%), crank bot failure, utilisation, DEX liquidity, liquidator margins, position concentration, cap usage

Unified decision layer owning compound alert escalation (≥3 WARNINGs on same market → CRITICAL), depeg classification, and price bounds management (post-launch, pending engineering)

3 automatic on-chain circuit breakers

• Price validity checks (staleness, confidence, zero/negative)

• EMA/Spot divergence block (per-market, configurable)

• Accounting invariant check