Position liquidation · Closed
$20.5M GMX v2 liquidation on Arbitrum, 9 May 2026
Magnitude
M 4.3
on-chain, scale v1
Position size
$20.5M
USD at the block
One short position on GMX v2 (Arbitrum) was liquidated at 04:06 UTC on 9 May 2026. Its size was $20.5M.
Facts
- Time
- 9 May 2026, 04:06 UTC
- Venue
- GMX v2 on Arbitrum
- Liquidated
- Short, Bitcoin
- Liquidation events
- 1 in one transaction
- Coverage
- On-chain DeFi venues only; verified automatically from the blockchain
Sources
| Transaction | Venue | Value |
|---|---|---|
| 0xf3d1c730…00acda | GMX v2 (Arbitrum) | $20.5M |
Values are in USD at the block of each liquidation, from on-chain prices. On-chain liquidation magnitudes measure DeFi venues only and are not yet comparable with hack or depeg magnitudes. Methodology · The magnitude scale