DeFi Hit With Record Liquidations Amid Market Slump

DeFi is in its biggest market rout of the year and borrowers are feeling the pain. Liquidations in decentralized finance spiked to a record $133M in the past day, according to Debank data.  $85.2M, or almost 78% of the liquidations, were on  Compound. $13M, or 12%, has been shared between Aave V1 and Aave V2.…

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