Ethereum Spurs Record Liquidations on Aave

Record Liquidations on Aave V3 Amid Ethereum Market Volatility

• Aave V3 on the Ethereum mainnet saw its highest daily liquidations since early February.
• Approximately $98.6 million in collateral was liquidated between April 6 and 7.
• This event followed a previous high of around $211.2 million in liquidations earlier in the year.
• The increased liquidations coincided with significant market volatility.

Between April 6 and 7, Aave V3 experienced approximately $98.6 million in collateral liquidations, marking its highest daily activity since early February amid ongoing market volatility.