Today WILD made a big news - an epic DeFi series of Get Liquidated scene.

What’s even more outrageous is: it’s not an attack, it’s not a code vulnerability, it’s the project team’s own lending system PeaPods that blew itself up.

How should I put it? "I wasn't hacked; I was blown up by my own explosives."

At three forty-five in the afternoon, the lending pool began a domino-style liquidation. Prices plummeted like a clearance sale, falling straight from the rooftop to the basement. Many people were still asking in the group, "What happened?" while their positions had already vanished into thin air. This wave of action can be regarded as an on-chain version of a踩踏事故—once the first unfortunate soul lost their footing, everyone else followed suit.

The most outrageous thing is that Arthur Hayes, the co-founder of BitMEX, jumped out to tweet:

"Thank you for your panic selling, which allowed me to buy WILD at a lower price."

This guy is truly the top-notch joke teller in the crypto world. While others are cutting losses, he finds opportunities; while others are fleeing, he enters the market. His mentality can rival those tough guys who immediately go long after getting liquidated.

However, this reminds us that DeFi is always a **high yield and high risk coexistence** arena. You think you are mining a liquidity gold mine, but in fact, you are stepping on a volcano that could erupt at any time.

You might not be able to handle the bottom that Arthur dares to copy. He has bullets in his hands, and we can only gamble with our lives.

The black swans of the crypto world always appear when you think everything is foolproof; while the real bottom-buying opportunities are often hidden in the cries of others cutting their losses.

Some people get liquidated, while others are educated by the market.