Liquidation wave · Closed
$5.8M on-chain liquidation wave, 13 Mar 2026
Magnitude
M 3.8
on-chain, scale v1
Liquidated
$5.8M
USD at the block
Liquidations on GMX v2, Aave v3 and Morpho Blue (Arbitrum and Base) totalled $5.8M between 12:45 and 13:20 UTC on 13 Mar 2026. 33 positions were liquidated.
Timeline
All covered venues, with an hour before and after the wave for comparison.
Facts
- Started
- 13 Mar 2026, 12:45 UTC
- Peak
- 5 minutes from 13 Mar 2026, 13:15 UTC
- Ended
- 13 Mar 2026, 13:20 UTC
- Duration
- 35 min
- Positions liquidated
- 33 (33 liquidation events)
- Normal level
- Median hourly total $9K, 95th percentile $314K, over the 30 days before the day it started
- Coverage
- On-chain DeFi venues only; verified automatically from the blockchain
| Valued | Share | |
|---|---|---|
| GMX v2 | $5.8M | 100% |
| Aave v3 | $4K | <1% |
| Morpho Blue | $7 | <1% |
| Valued | Share | |
|---|---|---|
| Arbitrum | $5.8M | 100% |
| Base | $53 | <1% |
| Valued | Share | |
|---|---|---|
| Ethereum | $5.7M | 98% |
| Other | $80K | 1% |
| Bitcoin | $27K | <1% |
| Stablecoins | $4K | <1% |
Sources
| Transaction | Venue | Value |
|---|---|---|
| 0x52cde7d8…a90e92 | GMX v2 (Arbitrum) | $5.6M |
| 0x0d4c577a…a3df3d | GMX v2 (Arbitrum) | $46K |
| 0x26acd07b…1e36d0 | GMX v2 (Arbitrum) | $43K |
| 0xf7c69442…26f356 | GMX v2 (Arbitrum) | $25K |
| 0x5ba79f20…07ac0d | GMX v2 (Arbitrum) | $23K |
| 0x80bade8f…644197 | GMX v2 (Arbitrum) | $17K |
| 0xe395d96e…fcc2c4 | GMX v2 (Arbitrum) | $7K |
| 0xd4e8e926…ca6ea2 | GMX v2 (Arbitrum) | $6K |
| 0x0477020c…155a50 | GMX v2 (Arbitrum) | $5K |
| 0x82defb89…f028d6 | GMX v2 (Arbitrum) | $5K |
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