❌ Aave experienced an oracle failure, resulting in liquidations of approximately $26 million worth of wstETH positions.
The error occurred in the CAPO (Correlated Asset Price Oracle) mechanism, a protective oracle that limits sharp price movements. As a result, 10,938 wstETH ($26 million) were liquidated.
Aave has already announced that affected users will receive compensation.
The error occurred in the CAPO (Correlated Asset Price Oracle) mechanism, a protective oracle that limits sharp price movements. As a result, 10,938 wstETH ($26 million) were liquidated.
Aave has already announced that affected users will receive compensation.