Oracle Extractable Value (OEV)
Oracle Extractable Value (OEV) refers to the profit that can be made by manipulating information from oracles, which are services that provide external data to blockchain networks.
More terms under O
- Optimistic RollupAn optimistic rollup is a layer-2 solution that processes transactions off the main blockchain, allowing for faster and cheaper transactions while still…
- OptionAn option is a contract that lets you choose whether to buy or sell an asset at a set price, but you don’t have to if you don’t want to.
- Options MarketA place where people can buy and sell options for cryptocurrencies, allowing them to choose to buy or sell at a set price by a certain date.
- Oracle ManipulationOracle manipulation happens when hackers interfere with an oracle smart contract to change the information it provides, which can lead to incorrect outcomes in…
- OraclesOracles are tools that gather and confirm real-world information and deliver it to smart contracts on the blockchain, helping these contracts work correctly…
- Order BookAn order book is a list that shows all the buy and sell orders for a cryptocurrency, including prices and amounts.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.