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Aug 25, 2026

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, 2026·2 sources
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Apr 13, 2026

Grayscale Expands Q2 2026 Watchlist to Include Hyperliquid, TRON, and AI Tokens

Grayscale updated its Q2 2026 investment watchlist to include Hyperliquid, TRON, Toncoin, and various AI-linked tokens across DeFi, smart contract platforms, and infrastructure segments.

Apr 13, 2026·1 source
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Top claims

  • ▪A roughly 3% decline in the price of Pendle's PT-reUSD token triggered approximately $36.4 million in liquidations on the Morpho lending platform on August 25, 2026
  • ▪The liquidations on Morpho on August 25, 2026, occurred across 33 liquidation events between 04:37:47 and 04:51:23 UTC, closing out leveraged positions in about 14 minutes
  • ▪The Morpho oracle configured by Steakhouse Financial referenced the lower of two prices: the PT-reUSD 15-minute average market price on Pendle, or a fixed curve rising to $1 at maturity

Topics

StablecoinsDeFi oraclesDeFi lendingCrypto market liquidityDeFiAltcoin marketsAltcoinsSmart contract platformsDeFi tokensAI tokens

Related entities

CantonHeliumSmart ContractsMaple FinanceHyperliquidGrayscaleToncoin