Flipside Crypto: Aave data dashboards have arrived. Discover more about the biggest liquidations and liquidators on the DeFi platform.
Everyone knows Aave’s mascot is an adorable ghost. But what can be really terrifying is being liquidated on the platform.
As Halloween passed, we at Flipside got to thinking — what are some of the scariest events to ever take place on Aave? Who’s been liquidated the most, where have they been liquidated, and who are the biggest degens on Aave?
Let’s dive in.
The Biggest Liquidations
We’ll start by taking a look at the 20 most liquidated borrowers ever on Aave, with some help from @thekakamora and @karl_x_lee.
As @thekakamora notes in the graph below, five different borrowers have been liquidated for more than $20 million across all three versions of Aave — V1, V2 and Aave AMM. What’s more, three have been liquidated for nearly $60 million. Truly terrifying stuff.
As we can see in the graph above, much of these losses are coming through Aave V2. But what form are these loses taking? According to @karl_x_lee, “USDC is the most dominant debt currency in the top 10 liquidations,” while “WETH is the dominant collateral currency.”
The Degens to Rule Them All
So those are the biggest liquidations on Aave. But who are the biggest liquidators on the platform? @bachkav has the answer there.
As we can see in the data below, one liquidator stands out above the rest, with nearly $40 million in liquidations. That’s more than 10 times the second-place finisher.
Do More with Aave Data 🔍
That does it for now. Thanks to everyone who submitted such great Aave data dashboards!