• bitcoinBitcoin (BTC) $ 66,877.00
  • ethereumEthereum (ETH) $ 3,229.66
  • tetherTether (USDT) $ 0.999378
  • bnbBNB (BNB) $ 590.88
  • solanaSolana (SOL) $ 152.89
  • usd-coinUSDC (USDC) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,220.57
  • xrpXRP (XRP) $ 0.530390
  • dogecoinDogecoin (DOGE) $ 0.171425
  • the-open-networkToncoin (TON) $ 6.44
  • cardanoCardano (ADA) $ 0.483390
  • avalanche-2Avalanche (AVAX) $ 38.68
  • shiba-inuShiba Inu (SHIB) $ 0.000024
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 66,775.00
  • bitcoin-cashBitcoin Cash (BCH) $ 519.54
  • tronTRON (TRX) $ 0.114398
  • polkadotPolkadot (DOT) $ 6.99
  • chainlinkChainlink (LINK) $ 14.27
  • matic-networkPolygon (MATIC) $ 0.748072
  • litecoinLitecoin (LTC) $ 84.51
  • internet-computerInternet Computer (ICP) $ 13.33
  • nearNEAR Protocol (NEAR) $ 5.73
  • uniswapUniswap (UNI) $ 7.79
  • leo-tokenLEO Token (LEO) $ 5.75
  • daiDai (DAI) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 28.73
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • aptosAptos (APT) $ 9.82
  • blockstackStacks (STX) $ 2.60
  • mantleMantle (MNT) $ 1.14
  • crypto-com-chainCronos (CRO) $ 0.134849
  • bittensorBittensor (TAO) $ 537.85
  • cosmosCosmos Hub (ATOM) $ 9.13
  • filecoinFilecoin (FIL) $ 6.43
  • stellarStellar (XLM) $ 0.111990
  • okbOKB (OKB) $ 53.72
  • vechainVeChain (VET) $ 0.042492
  • hedera-hashgraphHedera (HBAR) $ 0.084992
  • immutable-xImmutable (IMX) $ 2.13
  • arbitrumArbitrum (ARB) $ 1.14
  • render-tokenRender (RNDR) $ 7.79
  • kaspaKaspa (KAS) $ 0.125056
  • dogwifcoindogwifhat (WIF) $ 2.79
  • makerMaker (MKR) $ 2,901.23
  • pepePepe (PEPE) $ 0.000006
  • theta-tokenTheta Network (THETA) $ 2.42
  • the-graphThe Graph (GRT) $ 0.256915
  • optimismOptimism (OP) $ 2.40
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • injective-protocolInjective (INJ) $ 25.69
  • fetch-aiFetch.ai (FET) $ 2.15
  • wrapped-eethWrapped eETH (WEETH) $ 3,335.57
  • moneroMonero (XMR) $ 120.80
  • fantomFantom (FTM) $ 0.752676
  • thorchainTHORChain (RUNE) $ 5.89
  • lido-daoLido DAO (LDO) $ 2.10
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,564.68
  • ethenaEthena (ENA) $ 1.29
  • galaGALA (GALA) $ 0.046559
  • bitget-tokenBitget Token (BGB) $ 1.23
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,327.12
  • arweaveArweave (AR) $ 24.75
  • celestiaCelestia (TIA) $ 9.05
  • suiSui (SUI) $ 1.19
  • flowFlow (FLOW) $ 1.01
  • algorandAlgorand (ALGO) $ 0.186405
  • flokiFLOKI (FLOKI) $ 0.000156
  • quant-networkQuant (QNT) $ 103.69
  • bitcoin-svBitcoin SV (BSV) $ 75.93
  • sei-networkSei (SEI) $ 0.544499
  • aaveAave (AAVE) $ 98.03
  • neoNEO (NEO) $ 20.18
  • jupiter-exchange-solanaJupiter (JUP) $ 1.04
  • beam-2Beam (BEAM) $ 0.026027
  • ribbon-financeRibbon Finance (RBN) $ 1.42
  • bittorrentBitTorrent (BTT) $ 0.000001
  • coredaoorgCore (CORE) $ 1.54
  • zebec-protocolZebec Network (ZBCN) $ 0.026316
  • nervos-networkNervos Network (CKB) $ 0.029426
  • whitebitWhiteBIT Coin (WBT) $ 8.98
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,216.02
  • ordinalsORDI (ORDI) $ 60.74
  • flare-networksFlare (FLR) $ 0.032734
  • tokenize-xchangeTokenize Xchange (TKX) $ 14.98
  • the-sandboxThe Sandbox (SAND) $ 0.508108
  • elrond-erd-2MultiversX (EGLD) $ 42.72
  • ecasheCash (XEC) $ 0.000058
  • axie-infinityAxie Infinity (AXS) $ 7.92
  • bonkBonk (BONK) $ 0.000017
  • starknetStarknet (STRK) $ 1.49
  • singularitynetSingularityNET (AGIX) $ 0.841338
  • wormholeWormhole (W) $ 0.601857
  • tezosTezos (XTZ) $ 1.09
  • eosEOS (EOS) $ 0.931259
  • dydx-chaindYdX (DYDX) $ 2.31
  • havvenSynthetix Network (SNX) $ 3.20
  • conflux-tokenConflux (CFX) $ 0.272081
  • chilizChiliz (CHZ) $ 0.116920
  • ondo-financeOndo (ONDO) $ 0.692142
  • kucoin-sharesKuCoin (KCS) $ 10.07
  • gatechain-tokenGate (GT) $ 7.26
  • roninRonin (RON) $ 3.09
  • msolMarinade staked SOL (MSOL) $ 179.58
  • worldcoin-wldWorldcoin (WLD) $ 5.20
  • pyth-networkPyth Network (PYTH) $ 0.630746
  • decentralandDecentraland (MANA) $ 0.507638
  • cheeleeCheelee (CHEEL) $ 16.23
  • jasmycoinJasmyCoin (JASMY) $ 0.018973
  • mina-protocolMina Protocol (MINA) $ 0.816620
  • gnosisGnosis (GNO) $ 340.64
  • heliumHelium (HNT) $ 5.27
  • kavaKava (KAVA) $ 0.781966
  • akash-networkAkash Network (AKT) $ 3.58
  • iotaIOTA (IOTA) $ 0.256520
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.20
  • apecoinApeCoin (APE) $ 1.29
  • echelon-primeEchelon Prime (PRIME) $ 20.62
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,232.58
  • frax-etherFrax Ether (FRXETH) $ 3,182.94
  • mantra-daoMANTRA (OM) $ 0.910182
  • nexoNEXO (NEXO) $ 1.31
  • dexeDeXe (DEXE) $ 12.85
  • usddUSDD (USDD) $ 1.00
  • klay-tokenKlaytn (KLAY) $ 0.199770
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000034
  • bitcoin-goldBitcoin Gold (BTG) $ 40.52
  • lido-staked-solLido Staked SOL (STSOL) $ 178.99
  • aerodrome-financeAerodrome Finance (AERO) $ 1.75
  • swethSwell Ethereum (SWETH) $ 3,391.51
  • axelarAxelar (AXL) $ 1.10
  • oasis-networkOasis Network (ROSE) $ 0.101970
  • aioz-networkAIOZ Network (AIOZ) $ 0.623041
  • dydxdYdX (ETHDYDX) $ 2.28
  • osmosisOsmosis (OSMO) $ 1.03
  • corgiaiCorgiAI (CORGIAI) $ 0.001956
  • fraxFrax (FRAX) $ 0.999589
  • illuviumIlluvium (ILV) $ 100.67
  • radixRadix (XRD) $ 0.060890
  • astarAstar (ASTR) $ 0.112682
  • theta-fuelTheta Fuel (TFUEL) $ 0.096493
  • blurBlur (BLUR) $ 0.409910
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000104
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,426.13
  • pendlePendle (PENDLE) $ 6.18
  • altlayerAltLayer (ALT) $ 0.476609
  • wemix-tokenWEMIX (WEMIX) $ 1.67
  • woo-networkWOO (WOO) $ 0.314592
  • dymensionDymension (DYM) $ 3.58
  • tether-goldTether Gold (XAUT) $ 2,349.23
  • iotexIoTeX (IOTX) $ 0.061769
  • xdce-crowd-saleXDC Network (XDC) $ 0.040040
  • fasttokenFasttoken (FTN) $ 1.78
  • curve-dao-tokenCurve DAO (CRV) $ 0.464877
  • based-brettBrett (BRETT) $ 0.065308
  • 1inch1inch (1INCH) $ 0.467919
  • book-of-memeBOOK OF MEME (BOME) $ 0.009745
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,474.19
  • ocean-protocolOcean Protocol (OCEAN) $ 0.877293
  • manta-networkManta Network (MANTA) $ 2.10
  • true-usdTrueUSD (TUSD) $ 1.00
  • memecoin-2Memecoin (MEME) $ 0.032427
  • enjincoinEnjin Coin (ENJ) $ 0.350480
  • zilliqaZilliqa (ZIL) $ 0.027516
  • mx-tokenMX (MX) $ 5.06
  • skaleSKALE (SKL) $ 0.097335
  • apenftAPENFT (NFT) $ 0.00000050
  • ether-fiEther.fi (ETHFI) $ 4.27
  • pups-ordinalsPUPS (Ordinals) (PUPS) $ 62.26
  • qtumQtum (QTUM) $ 4.52
  • ankrAnkr Network (ANKR) $ 0.047861
  • siacoinSiacoin (SC) $ 0.008327
  • ethereum-name-serviceEthereum Name Service (ENS) $ 15.12
  • stepnGMT (GMT) $ 0.237935
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • terra-luna-2Terra (LUNA) $ 0.667962
  • celoCelo (CELO) $ 0.843724
  • holotokenHolo (HOT) $ 0.002519
  • rocket-poolRocket Pool (RPL) $ 21.95
  • aelfaelf (ELF) $ 0.611694
  • compound-wrapped-btccWBTC (CWBTC) $ 1,341.57
  • project-galaxyGalxe (GAL) $ 4.18
  • 0x0x Protocol (ZRX) $ 0.524953
  • ravencoinRavencoin (RVN) $ 0.032111
  • ethereum-pow-iouEthereumPoW (ETHW) $ 4.08
  • polymeshPolymesh (POLYX) $ 0.422879
  • biconomyBiconomy (BICO) $ 0.584791
  • pax-goldPAX Gold (PAXG) $ 2,364.54
  • golemGolem (GLM) $ 0.414073
  • frax-shareFrax Share (FXS) $ 5.37
  • amp-tokenAmp (AMP) $ 0.007552
  • basic-attention-tokenBasic Attention (BAT) $ 0.282727
  • raydiumRaydium (RAY) $ 1.57
  • superfarmSuperVerse (SUPER) $ 0.902148
  • stader-ethxStader ETHx (ETHX) $ 3,300.83
  • compound-governance-tokenCompound (COMP) $ 59.10
  • jito-governance-tokenJito (JTO) $ 3.43
  • origintrailOriginTrail (TRAC) $ 0.976451
  • jeo-bodenJeo Boden (BODEN) $ 0.570470
  • pixelsPixels (PIXEL) $ 0.499823
  • safepalSafePal (SFP) $ 0.833820

Shocking! DeFi Liquidation Volume Surpasses $11 Million, Highest Since May 12

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Shocking! DeFi Liquidation Volume Surpasses $11 Million, Highest Since May 12

The data, obtained from the Parsec platform, highlights the critical thresholds at which various collateral assets face liquidation. According to DeFiLlama data, if the price of Ethereum (ETH) falls to $1,753, approximately $83.5 million worth of stETH collateral will face liquidation. Furthermore, if ETH drops to $1,681, more than $26 million in ETH collateral will be at risk of liquidation. Additionally, should Bitcoin (BTC) plunge to $23,194, over $24 million worth of WBTC collateral will face potential liquidation.

Shocking! DeFi Liquidation Volume Surpasses $11 Million, Highest Since May 12

These figures serve as a stark reminder of the volatility inherent in the cryptocurrency market and the risks associated with decentralized financial protocols. When asset prices experience significant declines, borrowers who have leveraged their collateral face the threat of liquidation as their positions fall below specified thresholds.

The Parsec platform, known for its comprehensive analytics and insights, provides market participants with valuable information to monitor and assess these risks. Traders and investors can utilize such data to make informed decisions regarding their DeFi activities and take necessary precautions to mitigate potential losses.

Shocking! DeFi Liquidation Volume Surpasses $11 Million, Highest Since May 12

The recent surge in liquidation volume raises concerns about the stability and resilience of the DeFi ecosystem. While these protocols offer opportunities for decentralized lending and borrowing, they also expose users to substantial risks, especially during periods of heightened market volatility.

As the DeFi market continues to evolve, it is essential for participants to exercise caution and employ risk management strategies. Diversification, proper collateral management, and closely monitoring liquidation thresholds can help mitigate potential losses in the face of market downturns.

Market observers will be closely watching how the DeFi ecosystem responds to the increased liquidation volume and whether additional measures will be taken to enhance stability and protect participants from excessive risk.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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