Pendle responds to PT-reUSD library/Morpho liquidations
Pendle acknowledged liquidations on the PT-reUSD/USDC market deployed by @SteakhouseFi on Morpho. It clarified that the market's oracle was set up correctly and functioned as intended — not a misconfiguration, despite the unfortunate outcome.
- Pendle said it is aware and issued a follow-up thread explaining the specifics.
- The statement addresses community concern about whether the price feed was at fault.
Pendle
Pendle Earn enables you to obtain fixed yield or provide liquidity in a simple interface. Pendle Earn and Trade runs on the same set of contracts with a separate user interface to cater to different audiences.
