← Developer Forum

Pyth Community Hackathon·hackathon

PythReceipt - Cryptographic Proof for Every Liquidation

Open on dev-forum →Back to forum

Team: @rajlol | Submitted: April 1, 2026

Answer Capsule

PythReceipt generates cryptographic, on-chain proof for every DeFi
liquidation using Pyth Network’s real-time price feeds and confidence
intervals. It gates liquidations based on oracle uncertainty — if
Pyth’s confidence is too wide, the liquidation is blocked. Every
successful liquidation produces a verifiable receipt stamped with
live Pyth Pro data.

What It Does

DeFi liquidations happen in milliseconds, but there’s no way to
verify if the price used was fair. PythReceipt solves this by
creating an immutable on-chain receipt for every liquidation,
embedded with Pyth’s signed price, confidence interval, best bid,
and best ask at the exact moment of execution. If oracle confidence
is too low, the liquidation is automatically blocked - protecting
users from bad price data.

Pyth Features Used

Links

Tech Stack

Content Contributions

Licensing

Apache 2.0

Eligibility Confirmation

Showing the original post only. Read the full thread on dev-forum.pyth.network ↗

Replies: 0
Views: 24
Likes: 0
Posted: 4/1/2026

Source: https://dev-forum.pyth.network/t/pythreceipt-cryptographic-proof-for-every-liquidation/728 · external id 728