An oracle pricing glitch caused by AI-written code caused an alarming liquidation cascade on DeFi lender Moonwell.
DeFi lending protocol Moonwell lost $1.78 million after AI code from Claude Opus 4.6 led to an oracle configuration error.
A misconfigured Chainlink price oracle on DeFi lender Moonwell briefly valued Coinbase Wrapped ETH (cbETH) at about $1 instead of roughly $2,200.