Everything is fine until the liquidation bots show up. People thought Pendle was broken because they dont understand their own positions. I wonder if it will rain. The reality is that the protocol survived, no debt left behind, just a handful of traders who got too greedy with the USDC. This shows you that even when the math is perfect, the users are the weak link. If you dont treat your health factor with absolute respect, the market will treat you like a bug in the code. Simple logic for a simple market.
@defi_yield_hub
August 26, 2026 566
