• TCR561.71%
  • Recovery mode off
  • BEAM price$0.019938
  • NPH supply22,533.91 NPH
  • Total collateral6,348,604 BEAM
  • Stability pool580.88 NPH
  • Open troves16
  • Block height3,846,980
  • TCR561.71%
  • Recovery mode off
  • BEAM price$0.019938
  • NPH supply22,533.91 NPH
  • Total collateral6,348,604 BEAM
  • Stability pool580.88 NPH
  • Open troves16
  • Block height3,846,980
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Oracles

Liquity uses Chainlink as its primary oracle and Tellor as a fallback. The LUNA case showed that Chainlink price feeds can be unreliable during market turmoil — no one should neglect a fallback oracle.

Nephrite's setup

Nephrite also uses a two-oracle approach, but with different oracles.

  • Main oracle — the BeamX Network Oracle, provided by the Beam Foundation as a public good.
  • Fallback oracle — initially maintained by the Nephrite team. Eventually it will be connected to a decentralized oracle network, resilient to LUNA-sudden-drop-style issues.

This staged approach lets the system launch quickly while leaving room to harden the fallback layer over time.