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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Key Facts
- Fact 1: 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.
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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Original source: The Defiant
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