Seismograph by Cryptograph Club

Crypto liquidations on 23 February 2026

On-chain DeFi liquidations on Aave, Spark, Compound, Morpho, Sky and GMX during this UTC day, valued at the block.

Total liquidated $4.0M on-chain DeFi venues
Positions liquidated 395 395 liquidation events

4 liquidations are not valued and not in the totals.

By hour

$0$1.0M$2.0M$3.0M$4.0M00:00–01:00 UTC: $53K00:0001:00–02:00 UTC: $3.5M02:00–03:00 UTC: $71K03:00–04:00 UTC: $17K03:0004:00–05:00 UTC: $2K05:00–06:00 UTC: $3K06:00–07:00 UTC: $6K06:0007:00–08:00 UTC: $4K08:00–09:00 UTC: $4K09:00–10:00 UTC: $4K09:0010:00–11:00 UTC: $2K11:00–12:00 UTC: $1K12:00–13:00 UTC: $11K12:0013:00–14:00 UTC: $11K14:00–15:00 UTC: $12K15:00–16:00 UTC: $91915:0016:00–17:00 UTC: $13K17:00–18:00 UTC: $186K18:00–19:00 UTC: $3K18:0019:00–20:00 UTC: $17K20:00–21:00 UTC: $86K21:00–22:00 UTC: $6721:0022:00–23:00 UTC: $28623:00–00:00 UTC: $2K

Events this day

Liquidation waves and positions of $1M or more, largest first
Date (UTC)EventValueMagnitude (on-chain)
23 Feb 2026 $1.0M GMX v2 liquidation on Arbitrum, 23 Feb 2026 $1.0M M 3.0
By venue
ValuedSharePositions
GMX $3.5M 86% 229
Morpho $381K 9% 72
Aave $198K 5% 89
Compound $58 <1% 4
Spark $3 <1% 1
By asset
ValuedSharePositions
Ethereum $2.6M 64% 149
Bitcoin $740K 18% 83
Other $652K 16% 156
Stablecoins $55K 1% 7
By chain
ValuedSharePositions
Arbitrum $3.5M 87% 265
Base $383K 9% 70
Ethereum $130K 3% 60

Largest positions liquidated

One borrower in one transaction
TimeVenueLiquidatedValueRecord
01:45 GMX v2 (Arbitrum) Long, Ethereum $1.0M Event · Transaction
01:46 GMX v2 (Arbitrum) Long, Ethereum $771K Transaction
01:01 GMX v2 (Arbitrum) Long, Ethereum $550K Transaction
01:03 GMX v2 (Arbitrum) Long, Other $210K Transaction
01:03 GMX v2 (Arbitrum) Long, Bitcoin $121K Transaction
01:50 Morpho Blue (Base) cbBTC $99K Transaction
17:21 GMX v2 (Arbitrum) Long, Bitcoin $93K Transaction
01:48 Morpho Blue (Base) cbBTC $83K Transaction
01:12 Morpho Blue (Base) WETH $83K Transaction
20:18 Morpho Blue (Base) cbBTC $62K Transaction