Uncharted🦇🔊(@JonahJosemaria):So apparently yesterday ~$128M in mostly long liquidations hit the market, the usual cascade played out elsewhere. On @protocol_fx the Liquidation Brake simply rebalanced. Positions stayed alive at healthier LTV. No hard wipe, no funding bloodbath, no “you’re liquidated” email. This is the difference between a protocol that collects liquidation fees and one designed so you survive the volatility. Source:

Uncharted🦇🔊

@JonahJosemaria

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Uncharted🦇🔊@JonahJosemaria

2026.07.23 12:13

So apparently yesterday ~$128M in mostly long liquidations hit the market, the usual cascade played out elsewhere. On @protocol_fx the Liquidation Brake simply rebalanced. Positions stayed alive at healthier LTV. No hard wipe, no funding bloodbath, no “you’re liquidated” email. This is the difference between a protocol that collects liquidation fees and one designed so you survive the volatility. Source: