Liquidations 2.0 Performance - May 19th 2021

Hey all,

Some Liquidation Stats for those interested in yesterday’s performance. Haven’t had time to recheck all the numbers again, but it should be about right.

24 Likes

Awesome :). Exactly what I was looking for.

First stress test passed with flying colors. I would have like to have seen a simulation of previous liquidations method.

Congrats team! Successfully managing the liquidations is quite the accomplishment.

2 Likes

Hello @Primoz — I heard that on Sunday May 19 around 12:30AM UTC approximately 500,095 ETH ($1,6B at 3400 ETH) were moved to Exchanges and a few hours later Whales moved 13,000+ BTC to exchanges. Does the Risk Team monitor outflows to Exchanges? Also I was reading that the overall MKT was over leveraged since February—was there a moment that we felt the same with regards to Maker in the last couple of months? I know most of the liquidations ( approximately 775,000 Traders) happened on centralized exchanges and Maker’s participation was pretty small compared to All. But wondering if your team uses tools to monitor the centralized world.

3 Likes