DeFi lending protocol Moonwell suffered $1.8 million in bad debt following an Oracle misconfiguration

DeFi lending protocol Moonwell suffered .8 million in bad debt following an Oracle misconfiguration

By Naga Avan-Nomayo
Publication Date: 2026-02-18 12:00:00

Moonwell confirmed around $1.8 million in bad debt after a misconfigured oracle incorrectly priced cbETH and triggered liquidations.