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DeFiBearishCoinTelegraph ยท 3h ago7/10
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How a 2.85% price error triggered $27M in liquidations on Aave

A 2.85% pricing error in wstETH collateral on Aave triggered $27 million in liquidations, demonstrating the vulnerabilities of DeFi protocols to oracle pricing inaccuracies. The incident highlights critical risks in automated liquidation systems and the importance of robust price feed mechanisms in decentralized finance.

$AAVE