[WILD Plummets Over 60% Due to Cascade Liquidations, Arthur Hayes Says He Has Bought the Dip] Wild World token WILD plunged 63.3% today due to cascade liquidations. Arthur Hayes posted on social platform X, stating that leverage and debt risks in the DeFi sector need to be fully understood. He mentioned that this liquidation could have been avoided, but he has increased his holdings of WILD tokens at a lower cost and is looking forward to the official launch of Open World in December. Developer n3o explained that this flash crash was caused by a chain liquidation event in the WILD PeaPods lending pool and was not related to security vulnerabilities or attacks. The protocol was not hacked, user funds were not stolen, and the core system did not experience any failures. Liquidations are still ongoing, but prices are expected to stabilize once completed. The project has sufficient financial reserves to continue full-scale development.