Ethereum v3 USDC - WBTC Oracle Analysis Update (10/30/23)
Our previous analysis included an error due to a difference of time stamps between Ethereum and Arbitrum blocks. After taking a deeper look at the data with Chainlink, we’d like to update our previous post with data from the past month.
In this updated analysis, we again compare the Ethereum Compound Custom Chainlink WBTC/USD price feed to the Arbitrum Chainlink WBTC/USD price feed. The analysis uses 5,000 Ethereum / Arbitrum block pairs from the past month, joined on the exact block timestamp second. The maximum price discrepancy between these feeds is just 0.60%. These minor discrepancies are to be expected.
Below are the results of the analysis:
