Euler User Loses $500,000 Due to Temporary deUSD Spike on Avalanche
A trader on the DeFi platform Euler lost over $500,000 following a three-minute spike in deUSD on the Avalanche network to $1.028. The abrupt change was triggered by a $210,000 MEV bot transaction in the deUSD/USDT pool on the Curve platform in Ethereum. $500K gone in 180 seconds. Chainlink just proved oracles are one of […]