Moonwell’s lending pools racked up about $1.78M in bad debt after a cbETH oracle mispriced the token at nearly $1 instead of around $2.2k, enabling bots and liquidators to drain collateral within hours of a misconfigured Chainlink-based update reportedly using…
Moonwell’s AI-coded oracle glitch misprices cbETH at $1, drains $1.78M
February 18, 2026
