An oracle glitch on Aave wiped out $27 million, but Aave's risk manager Chaos Labs swooped in quick to head off the damage.
Aave's oracle misconfiguration caused $27M in wstETH liquidations on March 10. Chaos Labs confirms full user compensation and no protocol bad debt.
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Aave oracle glitch causes $27 million liquidation cascade
Aave oracle glitch on Lido's staking derivative, wstETH, has caused massive liquidations totaling $27 million.
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