Seismograph by Cryptograph Club

Liquidation wave · Closed

$119.2M on-chain liquidation wave, 5 Jun 2026

Magnitude M 5.1 on-chain, scale v1
Liquidated $119.2M USD at the block
Busiest hour $47.4M to 5 Jun 2026, 16:35 UTC

Liquidations on Aave v3, Morpho Blue, GMX v2, Compound v3, Sky, Spark and Aave v4 (Ethereum, Base and Arbitrum) totalled $119.2M between 13:40 and 20:20 UTC on 5 Jun 2026. The busiest hour saw $47.4M. 2,970 positions were liquidated. 16 liquidations could not be valued and are not included.

Timeline

$0$10.0M$20.0M$30.0M$40.0M5 Jun 12:40–12:45 UTC: $2K12:405 Jun 12:45–12:50 UTC: $2135 Jun 12:50–12:55 UTC: $4K5 Jun 12:55–13:00 UTC: $05 Jun 13:00–13:05 UTC: $6K5 Jun 13:05–13:10 UTC: $3K5 Jun 13:10–13:15 UTC: $6K5 Jun 13:15–13:20 UTC: $05 Jun 13:20–13:25 UTC: $6925 Jun 13:25–13:30 UTC: $34K5 Jun 13:30–13:35 UTC: $9K5 Jun 13:35–13:40 UTC: $18K5 Jun 13:40–13:45 UTC: $1.3M13:405 Jun 13:45–13:50 UTC: $247K5 Jun 13:50–13:55 UTC: $9.0M5 Jun 13:55–14:00 UTC: $4.8M5 Jun 14:00–14:05 UTC: $8.3M5 Jun 14:05–14:10 UTC: $9.1M5 Jun 14:10–14:15 UTC: $505 Jun 14:15–14:20 UTC: $1K5 Jun 14:20–14:25 UTC: $36K5 Jun 14:25–14:30 UTC: $1.4M5 Jun 14:30–14:35 UTC: $123K5 Jun 14:35–14:40 UTC: $45K5 Jun 14:40–14:45 UTC: $27K14:405 Jun 14:45–14:50 UTC: $129K5 Jun 14:50–14:55 UTC: $215 Jun 14:55–15:00 UTC: $411K5 Jun 15:00–15:05 UTC: $2.8M5 Jun 15:05–15:10 UTC: $1.4M5 Jun 15:10–15:15 UTC: $446K5 Jun 15:15–15:20 UTC: $50K5 Jun 15:20–15:25 UTC: $2K5 Jun 15:25–15:30 UTC: $05 Jun 15:30–15:35 UTC: $11K5 Jun 15:35–15:40 UTC: $3.6M5 Jun 15:40–15:45 UTC: $5.7M15:405 Jun 15:45–15:50 UTC: $203K5 Jun 15:50–15:55 UTC: $05 Jun 15:55–16:00 UTC: $25 Jun 16:00–16:05 UTC: $981K5 Jun 16:05–16:10 UTC: $31.9M5 Jun 16:10–16:15 UTC: $4.5M5 Jun 16:15–16:20 UTC: $1105 Jun 16:20–16:25 UTC: $359K5 Jun 16:25–16:30 UTC: $1K5 Jun 16:30–16:35 UTC: $131K5 Jun 16:35–16:40 UTC: $6K5 Jun 16:40–16:45 UTC: $41K16:405 Jun 16:45–16:50 UTC: $66K5 Jun 16:50–16:55 UTC: $140K5 Jun 16:55–17:00 UTC: $30K5 Jun 17:00–17:05 UTC: $456K5 Jun 17:05–17:10 UTC: $16K5 Jun 17:10–17:15 UTC: $7565 Jun 17:15–17:20 UTC: $1K5 Jun 17:20–17:25 UTC: $645 Jun 17:25–17:30 UTC: $3K5 Jun 17:30–17:35 UTC: $175 Jun 17:35–17:40 UTC: $175 Jun 17:40–17:45 UTC: $1917:405 Jun 17:45–17:50 UTC: $465 Jun 17:50–17:55 UTC: $05 Jun 17:55–18:00 UTC: $23K5 Jun 18:00–18:05 UTC: $165 Jun 18:05–18:10 UTC: $05 Jun 18:10–18:15 UTC: $8515 Jun 18:15–18:20 UTC: $3175 Jun 18:20–18:25 UTC: $4795 Jun 18:25–18:30 UTC: $14K5 Jun 18:30–18:35 UTC: $3K5 Jun 18:35–18:40 UTC: $51K5 Jun 18:40–18:45 UTC: $1.0M18:405 Jun 18:45–18:50 UTC: $2.0M5 Jun 18:50–18:55 UTC: $23.1M5 Jun 18:55–19:00 UTC: $48K5 Jun 19:00–19:05 UTC: $281K5 Jun 19:05–19:10 UTC: $1.5M5 Jun 19:10–19:15 UTC: $95K5 Jun 19:15–19:20 UTC: $1.3M5 Jun 19:20–19:25 UTC: $1.1M5 Jun 19:25–19:30 UTC: $343K5 Jun 19:30–19:35 UTC: $319K5 Jun 19:35–19:40 UTC: $6495 Jun 19:40–19:45 UTC: $30K19:405 Jun 19:45–19:50 UTC: $47K5 Jun 19:50–19:55 UTC: $21K5 Jun 19:55–20:00 UTC: $05 Jun 20:00–20:05 UTC: $62K5 Jun 20:05–20:10 UTC: $9K5 Jun 20:10–20:15 UTC: $05 Jun 20:15–20:20 UTC: $86K5 Jun 20:20–20:25 UTC: $05 Jun 20:25–20:30 UTC: $9K5 Jun 20:30–20:35 UTC: $10K5 Jun 20:35–20:40 UTC: $8K5 Jun 20:40–20:45 UTC: $33K20:405 Jun 20:45–20:50 UTC: $33K5 Jun 20:50–20:55 UTC: $19K5 Jun 20:55–21:00 UTC: $05 Jun 21:00–21:05 UTC: $111K5 Jun 21:05–21:10 UTC: $8315 Jun 21:10–21:15 UTC: $18K5 Jun 21:15–21:20 UTC: $133K

All covered venues, with an hour before and after the wave for comparison.

Facts

Started
5 Jun 2026, 13:40 UTC
Peak
5 minutes from 5 Jun 2026, 16:05 UTC
Ended
5 Jun 2026, 20:20 UTC
Duration
6 h 40 min
Positions liquidated
2,970 (2,988 liquidation events)
Normal level
Median hourly total $22K, 95th percentile $825K, over the 30 days before the day it started
Not valued
16 liquidations could not be valued and are not included
Coverage
On-chain DeFi venues only; verified automatically from the blockchain
By venue
ValuedShare
Aave v3$77.3M65%
Morpho Blue$27.3M23%
GMX v2$6.8M6%
Compound v3$5.6M5%
Sky$1.7M1%
Spark$350K<1%
Aave v4$91K<1%
By chain
ValuedShare
Ethereum$93.3M78%
Base$17.7M15%
Arbitrum$8.3M7%
By asset
ValuedShare
Ethereum$81.7M69%
Bitcoin$29.9M25%
Other$7.5M6%
Stablecoins$47K<1%

Sources

The largest transactions in the wave, on the chain's block explorer
TransactionVenueValue
0x4c2468c5…5757d3 Aave v3 (Ethereum) $23.6M
0xaebaf38b…812938 Aave v3 (Ethereum) $7.8M
0xcd04e74f…52b875 Aave v3 (Ethereum) $4.8M
0x9823b059…c4def6 Compound v3 (Ethereum) $4.7M
0x193d36bb…5950e9 Aave v3 (Ethereum) $4.6M
0xc953d5da…c1150a Aave v3 (Ethereum) $4.6M
0x9d863f6e…3083c1 Aave v3 (Ethereum) $3.8M
0x2b46bdaa…82ad09 Aave v3 (Ethereum) $3.2M
0x98bda9f8…289d25 Aave v3 (Ethereum) $2.3M
0x2e57bcce…d0ea99 Morpho Blue (Ethereum) $2.1M

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