During the first 5 months of 2026, LlamaLend protected $45.97M of liquidity from liquidation - representing 85.6% of the liquidity that would likely have been liquidated on a conventional lending protocol under similar market conditions. Despite significant market volatility and substantial drawdowns in $ETH and $BTC over this period, hard liquidations remained remarkably low. Most liquidation events were concentrated around yield-bearing stablecoin collateral and oracle configuration edge cases rather than major crypto assets. The data suggests that @llamalend users had sufficient time to actively manage their positions, repay debt, add collateral, and improve position health before reaching liquidation thresholds. Liquidation protection isn't about avoiding risk altogether - it's about giving users time to react when markets move fast. The llamas 🦙🦙🦙are looking after you ❤️ Built by @CurveFinance