Market spotlights a PENDLE PT manipulation incident—$36 million in long positions liquidated, triggering industry risk warnings!
This latest blow-up once again sounds an alarm for the DeFi market: certain niche derivative sectors lack sufficient liquidity depth, making large positions vulnerable to manipulation by market makers. Single-point risk is extremely high. For traders of high-leverage derivatives, choosing the main markets with ample liquidity is always the top priority—don’t easily take large leveraged positions on low-liquidity coins.
$PENDLE #DeFi #加密货币风险
This latest blow-up once again sounds an alarm for the DeFi market: certain niche derivative sectors lack sufficient liquidity depth, making large positions vulnerable to manipulation by market makers. Single-point risk is extremely high. For traders of high-leverage derivatives, choosing the main markets with ample liquidity is always the top priority—don’t easily take large leveraged positions on low-liquidity coins.
$PENDLE #DeFi #加密货币风险