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$3 Million Wiped in Two Minutes: How a Bad Price Feed Blindsided Vesu Users

CoinCentral·September 6, 2026·1 min read
$3 Million Wiped in Two Minutes: How a Bad Price Feed Blindsided Vesu Users

A bad Pragma price feed caused 47 positions to be wrongly liquidated on Vesu on September 4, affecting around $3 million in collateral in just two minutes. Vesu says its smart contracts worked correctly, and Pragma has deployed a fix. Affected pools are suspended.

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