# Hasu & Hart on Oval & The Recapturing of Billions in DeFi Liquidations

*Author: David Hoffman*
*Published: Feb 13, 2024*
*Source: https://www.bankless.com/podcast/hasu-hart-on-oval-the-recapturing-of-billions-in-defi-liquidations*

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Today on the show, we’re talking about Oval, a new DeFi primitive that Hart Lambur from UMA is introducing to the world of DeFi’s biggest lending markets. Billions of dollars have been liquidated from protocols like Aave, Compound, and MakerDAO over the years, and these liquidations have been extremely inefficiently priced, due to reasons! Reasons that we will discuss here on the show today. 

Hasu also joins us on this conversation today to discuss the way that MEV share from Flashbots is a part of this conversation, and he helps illuminate what this means for DeFi going forward as a whole.

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## TIMESTAMPS
 0:00 Intro

7:15 MEV & Oracle Foundations 

11:19 Why Solving MEV is Important

21:16 High-Level Patterns 

28:19 The Oval Mechanism 

42:23 MEV Share Parameters 

48:36 Decentralization of the MEV Share 

54:30 Auction Length

56:08 Oval B/D Adoption 

58:05 Uniswap v4 

1:02:31 Oval Cut Upside

1:05:45 Future Questions to be Answered 

1:08:42 Closing & Disclaimers 

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## RESOURCES
What is SUAVE? FlashBots Phil Daian and Andrew Miller explain

https://youtu.be/j3ZM2ZdUWXU

Oval 

https://uma.xyz/ 

https://twitter.com/UMAprotocol 

Hart 

https://twitter.com/hal2001 

Hasu

https://twitter.com/hasufl
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