DeFi Liquidations Spike Amid Market Slump
It’s a bloodbath in crypto markets and DeFi borrowers are feeling the pain as liquidations spike. Total liquidation volume jumped to $14.6M on Jan. 10, almost tripling from the previous day, according to data compiled by DeBank. Risk of Leverage Liquidations, which in this context are the resale of borrowers’ collateral by other market participants,…
By: Dan Kahan •
MarketsIt’s a bloodbath in crypto markets and DeFi borrowers are feeling the pain as liquidations spike. Total liquidation volume jumped to $14.6M on Jan. 10, almost tripling from the previous day, according to data compiled by DeBank. Risk of Leverage Liquidations, which in this context are the resale of borrowers’ collateral by other market participants,…
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