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The Defiant·The Defiant Team·1h ago

Pendle Oracle Move Liquidates $36 Million

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A wallet bought yield tokens in a $9 million Pendle pool, pushing the principal token price down 2.8% and clearing out looped positions on a Morpho market carrying $52 million in borrows. No bad debt was incurred.

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💬 Discussion: Pendle Oracle Move Liquidates $36 Million A wallet bought yield tokens in a $9 million Pendle pool, pushing the principal token price down 2.8% and clearing out looped positions on a Morpho market carrying $52 million in borrows. No bad debt was incurred.

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