Aave's oracle misconfiguration caused $27M in wstETH liquidations on March 10. Chaos Labs confirms full user compensation and no protocol bad debt.
An oracle glitch on Aave wiped out $27 million, but Aave's risk manager Chaos Labs swooped in quick to head off the damage.
A wstETH oracle misconfiguration triggered $26M in liquidations on Aave due to incorrect price settings causing collateral sell-offs.