Pendle PT-reUSD Oracle Price Fluctuation Triggers Liquidation of Leveraged Positions
By: x.com|2026/08/25 07:13:16
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The decentralized reinsurance protocol Re stated that the Pendle PT-reUSD oracle used by the third-party Morpho market experienced market price fluctuations, triggering the liquidation of leveraged PT positions. The reUSD itself was unaffected, and the Morpho market did not incur any bad debts. Re is investigating whether the PT market price was subject to intentional manipulation and is collaborating with relevant teams to optimize a safer oracle configuration.
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