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A 3% Yield-Token Move Triggers $36M in Ethereum DeFi Liquidations

Crypto Daily·August 26, 2026·1 min read
A 3% Yield-Token Move Triggers $36M in Ethereum DeFi Liquidations

Ethereum DeFi saw 33 Morpho liquidations totaling $36.14 million in debt repaid after reUSD dropped 2.8% on August 25. The decline stemmed from a lower-of-oracle design issue. This event highlights risks in DeFi lending protocols tied to stablecoin price stability.

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