{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,8,16]],"date-time":"2026-08-16T16:32:06Z","timestamp":1786897926096,"version":"build-2736575974"},"posted":{"date-parts":[[2026]]},"group-title":"SSRN","reference-count":0,"publisher":"Elsevier BV","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"abstract":"<jats:p>I test whether information latency in decentralized lending protocols generates regime-dependent liquidation outcomes, using transaction-level data on 16,639 Aave V3 Ethereum mainnet liquidations of WETH, WBTC, LINK, and AAVE collateral between January 2023 and April 2026. The pre-registered binary specification produces a null result; the continuous-volatility refinement yields a small positive interaction opposite to the cascade-burnout prediction. Asset-by-asset estimates reveal cross-asset heterogeneity that the pooled regressions obscure: a joint Wald test rejects cross-asset homogeneity at the 5 percent level in the full sample (chi-squared with 3 df = 8.05, p = 0.045), with WBTC and LINK contributing the largest negative coefficients in the direction predicted by attenuation. Regime-conditional refinements that would identify the underlying mechanism are statistically fragile: the heterogeneity does not survive a no-stress restriction, and the apparent strengthening in stress-only sub-samples is mechanically driven by within-block simultaneity in a single cascade window. The paper's two contributions are methodological: documenting that pooled cross-asset DeFi tests can systematically mask economically meaningful idiosyncratic risk (the masking effect), and documenting that regime-conditional inference on liquidation cascades is fragile to plausible variation in stress-window definitions and to within-block clustering in the cascade observations themselves. Both observations have direct implications for how empirical claims about DeFi cascade dynamics should be evaluated.<\/jats:p>","DOI":"10.2139\/ssrn.6687018","type":"posted-content","created":{"date-parts":[[2026,5,1]],"date-time":"2026-05-01T07:09:36Z","timestamp":1777619376000},"source":"Crossref","is-referenced-by-count":0,"title":["Asset Heterogeneity in DeFi Oracle Vulnerabilities"],"prefix":"10.2139","author":[{"ORCID":"https:\/\/orcid.org\/0009-0005-8477-9393","authenticated-orcid":true,"given":"Boon Chuan","family":"Lim","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"78","container-title":[],"original-title":[],"deposited":{"date-parts":[[2026,8,16]],"date-time":"2026-08-16T15:54:10Z","timestamp":1786895650000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.ssrn.com\/abstract=6687018"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2026]]},"references-count":0,"URL":"https:\/\/doi.org\/10.2139\/ssrn.6687018","relation":{},"subject":[],"published":{"date-parts":[[2026]]},"subtype":"preprint"}}