LlamaGuard Proposes Bounded Oracle Redesign As $36M Morpho Liquidation Episode Renews DeFi Risk Architecture Debate
A thinly traded Pendle yield market was manipulated early Tuesday to set off roughly $36.1 million in liquidations on Morpho, wiping out leveraged positions in roughly 14 minutes whereas leaving lenders unhurt. The incident has reignited debate over oracle design in decentralized finance and the dangers of looped yield methods. The assault focused the Pendle…
