$ETH A 3% Yield-Token Move Triggers 36M in Ethereum DeFi Liquidations
The cited source reports that PT-reUSD's 2.8% decline on August 25 triggered 33 Morpho liquidations, repaying 36.14 million of debt under a lower-of oracle design..
A 2.8% drop in PT-reUSD triggered 36M in Ethereum DeFi liquidations on Morpho.
This event highlights the systemic risk inherent in lower-of oracle designs within yield-token…
The cited source reports that PT-reUSD's 2.8% decline on August 25 triggered 33 Morpho liquidations, repaying 36.14 million of debt under a lower-of oracle design..
Watch $ETH for the next session - if this move holds, it changes the read.
$ETH #ETH #DeFi #CryptoNews
The cited source reports that PT-reUSD's 2.8% decline on August 25 triggered 33 Morpho liquidations, repaying 36.14 million of debt under a lower-of oracle design..
A 2.8% drop in PT-reUSD triggered 36M in Ethereum DeFi liquidations on Morpho.
This event highlights the systemic risk inherent in lower-of oracle designs within yield-token…
The cited source reports that PT-reUSD's 2.8% decline on August 25 triggered 33 Morpho liquidations, repaying 36.14 million of debt under a lower-of oracle design..
Watch $ETH for the next session - if this move holds, it changes the read.
$ETH #ETH #DeFi #CryptoNews