Pendle Oracle Move Liquidates $36 Million

A wallet bought yield tokens in a $9 million Pendle pool, causing the principal token price to drop by 2.8% and clearing out looped positions on a Morpho market with $52 million in borrows. No bad debt was incurred. For more details, see the original report.

Sources

• The Defiant — Pendle Oracle Move Liquidates $36 Million

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