According to Ai 姨 (@ai_9684xtpa), MakerDAO's use of an Oracle Security Module (OSM) causes delays in updating system prices, even when market prices drop below liquidation points. The system collects data from multiple authorized price feeds and calculates a median price via the Medianizer contract, introducing a delay of approximately 1 hour. This mechanism prevents immediate liquidation of large positions despite short-term market price drops.

According to Ai 姨 (@ai_9684xtpa), the ETH price on exchanges dropped to $1786, but MakerDAO whale positions were not liquidated due to the Oracle Security Module (OSM) used by MakerDAO. This system delays the update of actual system prices even when market prices fall below liquidation points, using a Medianizer contract to determine a reference price from multiple authorized feeds. This mechanism allows for a more stable trading environment and prevents immediate liquidations during rapid price fluctuations.