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Maple Survives Crash With $10M Inflows

Maple Avoids Liquidations Amid Major Market Crash

  • No user positions on Maple were liquidated during the Feb. 2 market crash.
  • Users deposited $10 million to reinforce margins and prevent liquidations.
  • Over $10 billion was liquidated across the market as Ethereum fell below $2,000.
  • Maple managed $2.5 billion in loans as of Feb. 7, with collateralization levels averaging 165%.
  • The High Yield Secured pool received $2 million in inflows during the crash.
  • Aave processed $210 million in liquidations without incurring additional bad debt.

During the significant market downturn on Feb. 2, Maple reported no liquidation of user positions and a $10 million deposit to bolster margins, while Aave efficiently handled $210 million in liquidations with zero new bad debt.

Source (2.6.1)https://cryptoslate.com/maple-reports-no-increase-in-bad-debt-10m-inflows-amid-recent-market-crash/?rand=24433
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