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 and automated risk systems in DeFi.

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How a 2.85% Price Error Triggered $27M in Liquidations on Aave

Source: Cointelegraph

A small pricing error in wstETH collateral caused $27 million in Aave liquidations, highlighting the critical role of price oracles and automated risk systems in DeFi.