Crypto World
Pendle Oracle Move Liquidates $36 Million
Trades in a thinly traded Pendle yield market triggered $36.1 million of liquidations on Morpho early Tuesday, closing out leveraged positions in about 14 minutes while leaving lenders whole. Pendle and vault curator Steakhouse Financial both said the price feed did what it was built to do. The… Read the full story at The Defiant
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