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Home Market Research Cryptocurrency

What Happened in the Aave Oracle Incident? $26M Liquidations Explained

by TheAdviserMagazine
2 months ago
in Cryptocurrency
Reading Time: 1 min read
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What Happened in the Aave Oracle Incident? M Liquidations Explained
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A configuration error in a price oracle used by Aave triggered roughly $26–27 million in liquidations on Tuesday, after the system temporarily undervalued a key ethereum staking asset used as collateral. DeFi Lending Giant Aave Moves to Reimburse Users After Oracle Mispricing The issue involved Aave’s Correlated Asset Price Oracle (CAPO), which is designed to […]



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