Aave's oracle misconfiguration caused $27M in wstETH liquidations on March 10. Chaos Labs confirms full user compensation and no protocol bad debt.
An oracle glitch on Aave wiped out $27 million, but Aave's risk manager Chaos Labs swooped in quick to head off the damage.
A wstETH oracle misconfiguration triggered $26M in liquidations on Aave due to incorrect price settings causing collateral sell-offs.
A sudden liquidation cascade hit the decentralized lending protocol Aave and erased nearly $27 million in positions within 24 hours. The event followed a tempor ...
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