Infrastructure
Pendle Oracle Move Liquidates $36 Million
The Defiant·August 25, 2026·1 min read
A Pendle oracle move liquidated $36 million after a wallet bought yield tokens in a $9 million pool, pushing the principal token price down 2.8%. This cleared out looped positions on a Morpho market with $52 million in borrows, though no bad debt was incurred.
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