Скачать или смотреть Oracles: Truth or Lies? with Josh Tobkin, Supra

A flash crash on October 10, 2025 on the Binance crypto exchange caused $19 billion in liquidations.
One of the culprits: mispricing. How do market participants and exchanges source data for pricing? Centralized exchanges like Binance tend to rely on internal pricing, while many others in decentralized finance use oracles, entities that put real-world prices and data onchain.
Joshua Tobkin, CEO and co-founder of Supra, an oracle, discusses the role of oracles in blockchain finance, what went wrong in the flash crash, and how market infrastructure in crypto can be improved to make the markets more resilient and reliable.

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Timecodes:
0:00 - Joshua Tobkin, Supra introduction, sourcing data, and centralized exchanges versus information on decentralized venues
2:50 - Comparing sourcing and using data in crypto versus in TradFi markets
5:06 - In a trustless environment, do oracles become centralized points of risk?
6:14 - Resilience versus cost for multiple sources of data – and whether multiple sources diversify or concentrate data risk
11:21 - Could oracles be compromised, as LIBOR prices were once corrupted via collusion?
12:45 - During the Binance crash, prices detached from value. Can or should oracles provide context to prices? Josh discusses ideas for reference pricing of assets and detecting anomalies - and implications of pausing trading; circuit breakers in crypto?
19:02 - Automation versus ‘human in the loop’ and whether the industry could allow trades to be reversed; price-based feeds versus prediction feeds; building AI-agent pricing models.