OIP-242: Add Chainlink Data Streams as Speed Markets oracle

id	Title	Status	Author	Description	Discussions to	Created
OIP-242	Add Chainlink Data Streams as Speed Markets oracle	Vote Pending	padzank (padzank Overtime), 1603 (1603 Overtime)	Add Chainlink Data Streams as additional price oracle provider for Speed Markets product	Discord	2025-10-07

Simple Summary

This OIP proposes integrating Chainlink Data Streams as an additional price oracle for the Speed Markets product. This enhancement aims to improve system reliability, oracle redundancy, and market integrity by enabling dynamic selection between multiple high-performance price feeds.

Abstract

Currently, Speed Markets relies solely on Pyth Network for fast price data used in market creation and resolution. While this setup has proven effective, relying on a single oracle provider introduces potential performance bottlenecks and systemic risks. By integrating Chainlink Data Streams, Overtime can improve market robustness, reduce exposure to oracle latency exploits, and enable more flexible oracle sourcing strategies that enhance both product security and user experience.

Chainlink charges $150 per asset per month for Data Streams, meaning that Overtime Treasury DAO would pay a total of 300 USDC per month for this integration to Chainlink.

Motivation

Internal analysis of the Speed Markets collateral pool revealed scenarios where automated trading strategies exploited latency between the Pyth feed and real-time exchange prices (e.g., Binance). These “toxic flow” incidents allowed certain wallets to gain unfair advantages by front-running delayed price updates.

A comparative study using Chainlink Data Streams’ historical price data showed that integrating this feed could have significantly mitigated such exploits. Adding Chainlink Data Streams provides:

• Redundancy: Reduces reliance on a single oracle provider.
• Fairness: Minimizes potential front-running and toxic flow behavior.
• Performance: Offers faster, verifiable, and more consistent price updates.
• Resilience: Strengthens the protocol’s overall market reliability.

Specification

This OIP entails the Overtime Protocol DAO to implement Chainlink Data Streams as additional price oracle for market creation and market resolution data of Speed Markets product. This OIP allows the Overtime Protocol DAO to use Pyth or Chainlink feed under their own discretion based on their fair judgement at any given time.

This OIP additionally entails the Overtime Treasury DAO to facilitate a fee payment to Chainlink for this service on a monthly basement of 300 USDC.

Rationale

N/A

Implementation

N/A

Test Cases

N/A

Copyright

Copyright and related rights waived via CC0.

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