Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Fulcrom Finance halts new trades after Pyth Network oracle outage disrupts price feeds for 4+ hours

Market News
22 May 2026
Crypto Briefing
View Source
Neutral
pluang ai news

Fulcrom Finance, a decentralized perpetual exchange on the Cronos blockchain, entered degraded mode after its main price oracle, Pyth Network, experienced a four-hour outage. This outage disrupted real-time price feeds essential for leveraged trading, forcing Fulcrom to warn users against opening new positions to avoid risky trades without accurate data. The incident highlights the vulnerability of DeFi platforms to oracle failures and the need for fallback systems. Fulcrom resumed normal operations without major losses, but the event underscores systemic risks in DeFi's reliance on a few key data providers like Pyth and Chainlink.

More News (PYTH)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App