WILD plummeted over 60% in a single day due to a series of liquidations, and Arthur Hayes stated that he has bottomed out

Wild World token WILD plummeted by 63.3% due to a chain liquidation. 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 am grateful for the opportunity to accumulate some WILD tokens at a lower cost. I am very much 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 the core systems of Wilder World did not experience any failures. Liquidations are still ongoing, and it is expected that once the liquidations are complete, 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.