Breaking the Peg, or Not: The Limited Power of Oracle Manipulation Against Early Stablecoin Depeg Prediction
The Oracle Manipulation Index is defined, it is proved that shifting the aggregate by δ while one honest feed survives forces the unnormalized cross-feed price range to be at least δ/L for L-Lipschitz aggregators, and it is measured on a Foundry mainnet fork that a 0.1% move requires about USD 50 M in deployed capital.