ETH news: A 3% token move just triggered $36 million in Ethereum DeFi liquidations

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Pendle oracle triggers $36 million in liquidations on Morpho

Trades in a $9 million Pendle reUSD pool triggered $36.1 million of liquidations on Morpho in 14 minutes, though Pendle and Steakhouse Financial say the oracle worked as designed with no bad debt incurred.

Aug 25, 20262 sourcesStablecoins DeFi oracles DeFi lending Crypto market liquidity DeFi

Pendle oracle triggers $36 million in liquidations on Morpho

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The Defiant

Pendle Oracle Move Liquidates $36 Million

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