WILD suffered a flash crash in liquidation prices, and Arthur Hayes posted to call for bottom fishing

Wild World token WILD plummeted 63.3% today due to a series of liquidations. Arthur Hayes posted on X stating: "Please fully understand the risks of using leverage and debt in the DeFi space; this liquidation could have been avoided. That said, I still appreciate being able to accumulate some WILD tokens at a lower cost. Looking forward to the official launch of Open World in December."

According to Wild World developer n3o, the recent flash crash of WILD was not caused by any security vulnerabilities or attacks, but rather by a chain liquidation event stemming from the WILD PeaPods lending pool. The protocol did not suffer a hack, no user funds were stolen, and Wilder World's core system did not experience any failures. Liquidations are still ongoing, and it is expected that once the liquidations are completed, the price will stabilize. The project still has sufficient capital reserves (12-24 months) to continue full development, unaffected by token prices or recent capital inflows.