I Built Cryptographic Proof for DeFi Liquidations Using Pyth Network
Every time I got liquidated in DeFi, I had one question — was that price actually fair? There's no way to verify. So I built PythReceipt. What it does PythReceipt creates an immutable, on-chain rec...

Source: DEV Community
Every time I got liquidated in DeFi, I had one question — was that price actually fair? There's no way to verify. So I built PythReceipt. What it does PythReceipt creates an immutable, on-chain receipt for every liquidation — stamped with Pyth Network's live oracle data at the exact moment of execution. The Confidence Gate Before any liquidation executes, PythReceipt checks Pyth Pro's confidence interval: Confidence < 0.2% → ✅ Liquidation allowed Confidence 0.2-0.5% → ⚠️ Warning shown Confidence > 0.5% → 🔴 Liquidation blocked The Receipt Every successful liquidation generates: On-chain Solana transaction Live Pyth price at exact moment Confidence interval value Best Bid / Best Ask Downloadable JSON proof Tech Stack Next.js 14 + TypeScript Solana Devnet + Anchor Pyth Pro Lazer WebSocket Vercel Try it: https://pyth-receipt.vercel.app GitHub: https://github.com/rajdeblol/PythReceipt