Stale oracle parameters trigger DeFi losses without hacks in Aave and Moonwell incidents
AI Market Summary
Two "no-hack" oracle failures highlight operational risk in DeFi: Aave's CAPO misconfiguration capped wstETH ~2.85% below market, triggering ~10,938 wstETH liquidations ($26–27M) with liquidators capturing ~499–512 ETH, while Moonwell's wrapper error mispriced cbETH near $1.12, seizing 1,096.317 cbETH and creating ~$1.78M bad debt. The events raise confidence discounts on governance-controlled oracle plumbing and staleness controls.
Impact level
● Medium
Affected assets
AAVE/USDT-0.07%
AI Insight · AAVE/USDTAI Insight
▼ Bearish
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On March 10, 2026, Aave misconfigured its CAPO risk oracle, capping the onchain wstETH exchange rate about 2.85% below market and triggering roughly 10,938 wstETH liquidations. Liquidation volume totaled about $26–27 million, with liquidators capturing around 499–512 ETH in value. On February 15, 2026, Moonwell misconfigured a Chainlink OEV wrapper after a governance change, reporting cbETH at about $1.12 instead of roughly $2,200 and enabling the seizure of 1,096.317 cbETH. The incident left the protocol with about $1.78 million in bad debt.
