Liquidation wave · Closed
$37.1M on-chain liquidation wave, 25 Aug 2026
Magnitude
M 4.6
on-chain, scale v1
Liquidated
$37.1M
USD at the block
Liquidations on Morpho Blue (Ethereum) totalled $37.1M between 04:35 and 04:55 UTC on 25 Aug 2026. 32 positions were liquidated.
Timeline
All covered venues, with an hour before and after the wave for comparison.
Facts
- Started
- 25 Aug 2026, 04:35 UTC
- Peak
- 5 minutes from 25 Aug 2026, 04:40 UTC
- Ended
- 25 Aug 2026, 04:55 UTC
- Duration
- 20 min
- Positions liquidated
- 32 (33 liquidation events)
- Normal level
- Median hourly total $6K, 95th percentile $292K, over the 30 days before the day it started
- Coverage
- On-chain DeFi venues only; verified automatically from the blockchain
| Valued | Share | |
|---|---|---|
| Morpho Blue | $37.1M | 100% |
| Valued | Share | |
|---|---|---|
| Ethereum | $37.1M | 100% |
| Valued | Share | |
|---|---|---|
| Other | $37.1M | 100% |
Sources
| Transaction | Venue | Value |
|---|---|---|
| 0x5168462b…02b648 | Morpho Blue (Ethereum) | $13.4M |
| 0xe1bfa2ef…53eb76 | Morpho Blue (Ethereum) | $11.3M |
| 0x6e402bec…f62c4f | Morpho Blue (Ethereum) | $7.0M |
| 0x43c8ed5c…5ac97e | Morpho Blue (Ethereum) | $1.2M |
| 0x906a5315…729e0d | Morpho Blue (Ethereum) | $813K |
| 0x9d75c115…8ada5d | Morpho Blue (Ethereum) | $733K |
| 0x5e1718b4…7798c2 | Morpho Blue (Ethereum) | $635K |
| 0x52261e04…03c708 | Morpho Blue (Ethereum) | $571K |
| 0xb939195e…65319c | Morpho Blue (Ethereum) | $412K |
| 0x30b204d2…066a44 | Morpho Blue (Ethereum) | $208K |
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