Re Protocol (#id721322)
Re Protocol (#id721322) @everyone A market-price movement in the Pendle PT-reUSD oracle used by a third-party Morpho market triggered liquidations of leveraged PT positions. reUSD itself was unaffected and the Morpho market incurred no bad debt. We are investigating whether the PT market price was intentionally manipulated and are working with the relevant teams on a safer oracle configuration. forwarded from Discord via t.me/rickler_retro
The excerpt is quoted from a public Telegram channel, which owns its text.