Oracle misconfiguration on Morpho's PT-reUSD market triggered $37M in liquidations, with the attacker profiting approximately $3M.
Security & Exploits ·
An oracle misconfiguration in Morpho's PT-reUSD market resulted in $37 million in liquidations, with an attacker capturing approximately $3 million in profit from the incident. The exploit exposed a vulnerability in how price data was being sourced for the isolated credit market.