Cryptocurrency
2Β months ago
How a 2.85% price error triggered $27M in liquidations on Aave
A small pricing error in wstETH collateral caused $27 million in Aave liquidations, highlighting the critical role of price oracles β¦
Impact on WSTETH:
The liquidations resulted in a significant market impact, with potential price implications β¦
A 2.85% price error in wstETH collateral triggered $27 million in liquidations on Aave, underscoring β¦
High (80%)
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