While ~$700M in leveraged longs got wiped in tonight’s $ETH / $BTC wick, DeFi Saver users were reducing liquidation risk.
$31M in collateral used to repay debt across @aave, @Compound_xyz, and other protocols - including $5M through our automations tools.
Here’s how our Repay and Liquidation Protection tools help during a selloff - along with more info on the volume👇
$31M in collateral used to repay debt across @aave, @Compound_xyz, and other protocols - including $5M through our automations tools.
Here’s how our Repay and Liquidation Protection tools help during a selloff - along with more info on the volume👇