Seismograph by Cryptograph Club

Liquidation wave · Closed

$20.3M on-chain liquidation wave, 29 Oct 2026

Magnitude M 4.3 on-chain, scale v1
Liquidated $20.3M USD at the block
Busiest hour $9.5M to 29 Oct 2026, 21:20 UTC

Liquidations on Morpho Blue, GMX v2, Aave v4, Aave v3 and Compound v3 (Base, Arbitrum and Ethereum) totalled $20.3M between 20:05 UTC on 29 Oct and 02:10 UTC on 30 Oct 2026. The busiest hour saw $9.5M. 2,709 positions were liquidated. 1 liquidation could not be valued and is not included.

Timeline

$0$2.0M$4.0M$6.0M29 Oct 19:05–19:10 UTC: $019:0529 Oct 19:10–19:15 UTC: $029 Oct 19:15–19:20 UTC: $029 Oct 19:20–19:25 UTC: $3K29 Oct 19:25–19:30 UTC: $029 Oct 19:30–19:35 UTC: $029 Oct 19:35–19:40 UTC: $029 Oct 19:40–19:45 UTC: $1K29 Oct 19:45–19:50 UTC: $029 Oct 19:50–19:55 UTC: $029 Oct 19:55–20:00 UTC: $029 Oct 20:00–20:05 UTC: $32K20:0029 Oct 20:05–20:10 UTC: $87K29 Oct 20:10–20:15 UTC: $23929 Oct 20:15–20:20 UTC: $029 Oct 20:20–20:25 UTC: $029 Oct 20:25–20:30 UTC: $029 Oct 20:30–20:35 UTC: $89K29 Oct 20:35–20:40 UTC: $36K29 Oct 20:40–20:45 UTC: $4.4M29 Oct 20:45–20:50 UTC: $3.0M29 Oct 20:50–20:55 UTC: $5K29 Oct 20:55–21:00 UTC: $020:5529 Oct 21:00–21:05 UTC: $52K29 Oct 21:05–21:10 UTC: $209K29 Oct 21:10–21:15 UTC: $48K29 Oct 21:15–21:20 UTC: $1.6M29 Oct 21:20–21:25 UTC: $029 Oct 21:25–21:30 UTC: $029 Oct 21:30–21:35 UTC: $51429 Oct 21:35–21:40 UTC: $62K29 Oct 21:40–21:45 UTC: $8K29 Oct 21:45–21:50 UTC: $3K29 Oct 21:50–21:55 UTC: $10K21:5029 Oct 21:55–22:00 UTC: $1K29 Oct 22:00–22:05 UTC: $19129 Oct 22:05–22:10 UTC: $40K29 Oct 22:10–22:15 UTC: $31029 Oct 22:15–22:20 UTC: $029 Oct 22:20–22:25 UTC: $13K29 Oct 22:25–22:30 UTC: $1,00029 Oct 22:30–22:35 UTC: $029 Oct 22:35–22:40 UTC: $47K29 Oct 22:40–22:45 UTC: $3K29 Oct 22:45–22:50 UTC: $022:4529 Oct 22:50–22:55 UTC: $14K29 Oct 22:55–23:00 UTC: $14K29 Oct 23:00–23:05 UTC: $13K29 Oct 23:05–23:10 UTC: $5K29 Oct 23:10–23:15 UTC: $029 Oct 23:15–23:20 UTC: $029 Oct 23:20–23:25 UTC: $17K29 Oct 23:25–23:30 UTC: $78629 Oct 23:30–23:35 UTC: $029 Oct 23:35–23:40 UTC: $7K29 Oct 23:40–23:45 UTC: $127K23:4029 Oct 23:45–23:50 UTC: $1.2M29 Oct 23:50–23:55 UTC: $15K29 Oct 23:55–00:00 UTC: $3K30 Oct 00:00–00:05 UTC: $99K30 Oct 00:05–00:10 UTC: $62K30 Oct 00:10–00:15 UTC: $38K30 Oct 00:15–00:20 UTC: $2.6M30 Oct 00:20–00:25 UTC: $1.9M30 Oct 00:25–00:30 UTC: $715K30 Oct 00:30–00:35 UTC: $658K30 Oct 00:35–00:40 UTC: $130K00:3530 Oct 00:40–00:45 UTC: $138K30 Oct 00:45–00:50 UTC: $2K30 Oct 00:50–00:55 UTC: $126K30 Oct 00:55–01:00 UTC: $030 Oct 01:00–01:05 UTC: $7K30 Oct 01:05–01:10 UTC: $19830 Oct 01:10–01:15 UTC: $573K30 Oct 01:15–01:20 UTC: $10K30 Oct 01:20–01:25 UTC: $030 Oct 01:25–01:30 UTC: $78430 Oct 01:30–01:35 UTC: $935K01:3030 Oct 01:35–01:40 UTC: $030 Oct 01:40–01:45 UTC: $030 Oct 01:45–01:50 UTC: $5K30 Oct 01:50–01:55 UTC: $030 Oct 01:55–02:00 UTC: $285K30 Oct 02:00–02:05 UTC: $29K30 Oct 02:05–02:10 UTC: $813K30 Oct 02:10–02:15 UTC: $30K30 Oct 02:15–02:20 UTC: $15K30 Oct 02:20–02:25 UTC: $1K30 Oct 02:25–02:30 UTC: $4K02:2530 Oct 02:30–02:35 UTC: $4K30 Oct 02:35–02:40 UTC: $36K30 Oct 02:40–02:45 UTC: $030 Oct 02:45–02:50 UTC: $030 Oct 02:50–02:55 UTC: $030 Oct 02:55–03:00 UTC: $030 Oct 03:00–03:05 UTC: $12K30 Oct 03:05–03:10 UTC: $0

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

Facts

Started
29 Oct 2026, 20:05 UTC
Peak
5 minutes from 29 Oct 2026, 20:40 UTC
Ended
30 Oct 2026, 02:10 UTC
Duration
6 h 5 min
Positions liquidated
2,709 (2,711 liquidation events)
Normal level
Median hourly total $9K, 95th percentile $315K, over the 30 days before the day it started
Not valued
1 liquidation could not be valued and is not included
Coverage
On-chain DeFi venues only; verified automatically from the blockchain
By venue
ValuedShare
Morpho Blue$10.2M50%
GMX v2$6.4M32%
Aave v4$1.7M9%
Aave v3$1.7M8%
Compound v3$284K1%
By chain
ValuedShare
Base$10.0M49%
Arbitrum$6.5M32%
Ethereum$3.8M18%
By asset
ValuedShare
Ethereum$7.2M35%
Bitcoin$6.8M33%
Other$4.2M21%
Stablecoins$2.2M11%

Sources

The largest transactions in the wave, on the chain's block explorer
TransactionVenueValue
0x5e39b453…6f18da GMX v2 (Arbitrum) $1.7M
0x1299a9c5…37c7d3 GMX v2 (Arbitrum) $1.1M
0x242a7ef8…559852 Aave v4 (Ethereum) $946K
0x37c554a1…2212d9 Aave v3 (Ethereum) $699K
0xa96ae10b…d36c17 Morpho Blue (Base) $658K
0xae21f757…e7bd2e Aave v4 (Ethereum) $628K
0x557b7dd4…b8cc3f Morpho Blue (Base) $579K
0x9f64a040…57a05a GMX v2 (Arbitrum) $573K
0x4572a0e9…3a2f08 Morpho Blue (Base) $464K
0x8ccb6491…453fa6 Morpho Blue (Base) $444K

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