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DEFI Yield Lending Ethereum Cdp Liquidations

DeFi

The USD value and count of collateralized debt positions (CDPs) on Ethereum that were forcibly liquidated for falling below their required collateral ratio Shown here for Reflexer.

Why it matters

To track how much CDP-based borrowing on Ethereum is being forcibly unwound due to insufficient collateral.

How it is built

Summing the USD value of collateral seized in every CDP liquidation event across tracked Ethereum protocols over a given period.

What to watch

A spike in CDP liquidations typically coincides with sharp price declines in collateral assets, and signals stress building in Ethereum's overcollateralized lending system.

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