Aave's oracle misconfiguration caused $27M in wstETH liquidations on March 10. Chaos Labs confirms full user compensation and no protocol bad debt.
A wstETH oracle misconfiguration triggered $26M in liquidations on Aave due to incorrect price settings causing collateral sell-offs.
An oracle glitch on Aave wiped out $27 million, but Aave's risk manager Chaos Labs swooped in quick to head off the damage.
Oracle has integrated modern Transport Layer Security (TLS) network encryption into its eponymous database product, and TLS usage no longer requires the Advanced Security option beginning with the ...