Liquidation wave · Closed
$26.9M on-chain liquidation wave, 10 Mar 2026
Magnitude
M 4.4
on-chain, scale v1
Liquidated
$26.9M
USD at the block
Liquidations on Aave v3 and GMX v2 (Ethereum and Arbitrum) totalled $26.9M between 11:45 and 11:50 UTC on 10 Mar 2026. 50 positions were liquidated.
Timeline
All covered venues, with an hour before and after the wave for comparison.
Facts
- Started
- 10 Mar 2026, 11:45 UTC
- Peak
- 5 minutes from 10 Mar 2026, 11:45 UTC
- Ended
- 10 Mar 2026, 11:50 UTC
- Duration
- 5 min
- Positions liquidated
- 50 (50 liquidation events)
- Normal level
- Median hourly total $10K, 95th percentile $308K, over the 30 days before the day it started
- Coverage
- On-chain DeFi venues only; verified automatically from the blockchain
| Valued | Share | |
|---|---|---|
| Aave v3 | $26.9M | 100% |
| GMX v2 | $3K | <1% |
| Valued | Share | |
|---|---|---|
| Ethereum | $26.9M | 100% |
| Arbitrum | $3K | <1% |
| Valued | Share | |
|---|---|---|
| Ethereum | $26.9M | 100% |
| Other | $3K | <1% |
Sources
| Transaction | Venue | Value |
|---|---|---|
| 0x9064b507…988a9c | Aave v3 (Ethereum) | $13.1M |
| 0x8f47b5e8…f2fa67 | Aave v3 (Ethereum) | $4.6M |
| 0x6b9c0d32…9b96cc | Aave v3 (Ethereum) | $2.8M |
| 0x60f3fd66…0992db | Aave v3 (Ethereum) | $2.0M |
| 0xfdac8cca…9aeded | Aave v3 (Ethereum) | $1.2M |
| 0xc5aa4bf1…20b1f3 | Aave v3 (Ethereum) | $1.2M |
| 0xac1cad7f…fd66fb | Aave v3 (Ethereum) | $592K |
| 0x33fc18a9…c6c31b | Aave v3 (Ethereum) | $390K |
| 0x4054c372…174495 | Aave v3 (Ethereum) | $310K |
| 0x61031c55…fc334c | Aave v3 (Ethereum) | $146K |
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